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Urgent! Regulatory Compliance & Risk Culture, Principal / Consultant Job Opening In Singapore, Singapore – Now Hiring AIA
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About the Role
Reporting to Senior Manager, Regulatory Compliance & Risk Culture, this position is responsible to help the Company in managing and mitigating regulatory risk, including market conduct regulatory requirements.Regulatory Compliance
Provide ongoing compliance advisory and support to business functions on various business initiatives, in order to ensure that the business is compliant with existing and new regulations.
Conduct gap assessments on new regulatory developments, liaise with the various business functions to ensure new regulatory requirements are properly implemented, identified gaps are closely monitored to ensure adherence to regulatory requirements.
Ensure regulatory compliance registers are kept up to date and timely certified by Senior Management, regulatory obligations are effectively embedded into business, monitor and ensure proper remediation of any lapses noted.
Regulatory Liaison
Liaise with key regulators and industry associations to ensure that their requests and queries are promptly addressed.
Facilitate engagement sessions with key regulators to ensure AIAS’ relationship with key regulators are well managed.
Review and provide adequate challenge to the business functions on responses to regulators to ensure the Company’s responses are accurate, consistent and of good quality.
Assist in reporting requirements to regulators, Group, Board of Directors, senior management, and other stakeholders as required.
Other responsibilities
Where relevant, provide necessary mentoring and coaching to upskill fellow team members.
Requirements
Bachelor Degree (or degree equivalent) with emphasis on accountancy, business/ business administration/ business management/business studies, insurance or law.
At least 6 years’ relevant experience, preferably in the financial services industry, with knowledge of market conduct regulatory compliance for retail customers and liaison with MAS.
LOMA, CMFAS papers will be an added advantage.
Team player
Good understanding of the Financial Advisers Act 2001 and its subsidiary legislations, guidelines and relevant industry association’s memos and the application to retail business.
Liaison, relationship building and communication skills e.g. mediation.
Building trust and credibility with Key Regulators by responding in an accurate, timely and concise manner.
Project management
Presentation skills
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Unlock Your Regulatory Compliance Potential: Insight & Career Growth Guide
Real-time Regulatory Compliance Jobs Trends in Singapore, Singapore (Graphical Representation)
Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph below. This graph displays the job market trends for Regulatory Compliance in Singapore, Singapore using a bar chart to represent the number of jobs available and a trend line to illustrate the trend over time. Specifically, the graph shows 1927 jobs in Singapore and 1776 jobs in Singapore. This comprehensive analysis highlights market share and opportunities for professionals in Regulatory Compliance roles. These dynamic trends provide a better understanding of the job market landscape in these regions.
Great news! AIA is currently hiring and seeking a Regulatory Compliance & Risk Culture, Principal / Consultant to join their team. Feel free to download the job details.
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An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at AIA adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a Regulatory Compliance & Risk Culture, Principal / Consultant Jobs Singapore varies, but the pay scale is rated "Standard" in Singapore. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
Key qualifications for Regulatory Compliance & Risk Culture, Principal / Consultant typically include Business Operations Specialists and a list of qualifications and expertise as mentioned in the job specification. Be sure to check the specific job listing for detailed requirements and qualifications.
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