Assistant Vice President, Distribution Compliance Insurance - HSBC Life
Singapore, 01, SG, 117439
Job description
We are currently seeking a high calibre professional to join our team as an Assistant Vice President, Distribution Compliance, Insurance.
In this role you will:
- Assist in the identification of Distribution Compliance risk change and potential impacts on business model.
- Assist in program implementation to quantify impacts and implement actions to address, manage and mitigate impacts of regulatory changes..
- Provide compliance advisory in respect of all market conduct matters specified to the tied agency, and review Risk Control Assessment in accordance with internal framework. Support in the assessment of new initiatives and drive conduct agenda in consultation with the business.
- Monitor and track regulatory dissemination and implementation of such regulations across all relevant risk taxonomies and assist in the preparation of relevant papers for different management committees.
- Liaise with relevant stakeholders in Singapore, Global Business and Functional teams to provide support on Distribution Compliance related matters, under the guidance of the team lead.
- Ensure the appropriate relevant risk information are collated timely and documented
- Proactive engagement with Business and support on Distribution Compliance matters and advisory
To be successful you will need:
- This is an individual contributor role and experienced compliance practitioner in the insurance industry are preferred.
- Knowledge and understanding of regulatory requirements/expectations under the FAA, SFA, Fair Dealing guidelines and the associated notices issued, including those issued by LIA regarding life and health insurance businesses on the market conduct requirements, will be crucial in this role.
- Discipline to work with minimum hand holding and ability to deal with stakeholders in business, including senior leaders, confidently and professionally.
- Self-driven with a strong eye on details, perseverance in meeting goals set, analytical mind, strong communication and interpersonal skills, are attributes required for the success of this role.
- Experienced candidates from the Audit industry are welcome to apply.
You’ll achieve more when you join HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by HSBC Life (Singapore) Pte. Ltd.