Compliance Manager

BOC Group Life Assurance Company Limited; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Benefits offered by this job

5-day work week

Training & development opportunities

Attractive remuneration package

Job summary

BOC Group Life Assurance Company Limited in Hong Kong seeks an experienced Insurance Compliance professional to advise the first line of defense on regulatory requirements and drive compliance projects.

You will review policies, coordinate with regulators, prepare reports to regulators and head office, and work with stakeholders on data privacy and product initiatives. The role requires strong bilingual communication and the ability to operate in a fast-paced environment.

Qualifications

• Bachelor degree in law or related disciplines.
• Minimum 5 years in life insurance compliance with corporate compliance experience.
• Familiarity with Insurance Ordinance, Securities and Futures Ordinance and HK regulatory framework.

Responsibilities

• Provide advice to the first line of defense on insurance regulatory requirements.
• Collaborate with stakeholders on regulatory compliance projects, product initiatives, AI projects, and system launches.
• Review policies, procedures, and marketing materials for regulatory compliance.
• Conduct compliance reviews and prepare reports to regulators, senior management and BOCHK/Head Office.
• Knowledge of personal data privacy, FATCA/CRS, QDAP, VHIS and ILAS is advantageous.
• Perform ad-hoc tasks as assigned by management.

Skills

Insurance compliance

Regulatory knowledge

Stakeholder collaboration

Bilingual drafting

Regulatory reporting

Education

Bachelor Degree in Law, Risk Management, Business Administration or related disciplines

Job description

Job Responsibilities

• Provide advice to the first line of defense on insurance regulatory requirements


• Collaborate closely with relevant stakeholders and drive / participate in regulatory compliance‑related projects, product initiatives, artificial intelligence projects and system launch / enhancement, etc.


• Review policies and procedures, compliance manuals, marketing materials, etc. in accordance with the relevant laws and regulations


• Conduct compliance reviews


• Preparing reporting / filing to regulators, senior management and BOCHK/ Head Office


• Knowledge / experience on personal data privacy, FATCA/CRS, QDAP, VHIS and ILAS would be an advantage


• Ad-hoc tasks as assigned by management from time to time

Job Requirements

• Bachelor Degree in Law, Risk Management, Business Administration or related disciplines.


• Minimum 5 years relevant experience in life insurance compliance function, with proven track record in corporate compliance


• Working knowledge in Insurance Ordinance, Securities and Futures Ordinance, good understanding of Hong Kong insurance regulatory framework and experience in dealing with regulators is preferred.


• Preference will be given to those with solid experience in corporate compliance.


• Good interpersonal, communication, analytical and bilingual drafting skills


• Detail-minded, mature, confident, self-motivated and be able to work in fast paced environment.


• A good team player & be able to work proactively & independently.


• Proficient in spoken & written English & Chinese (Cantonese & Mandarin).

We offer 5-day work week, attractive remuneration package and excellent training & development opportunities.