Compliance Officer, Asia

Swiss Re Asia Pte. Ltd.; Hong Kong; On-site; HKD 900,000 - 1,400,000; Full time

Job summary

Swiss Re Asia Pte. Ltd. in Hong Kong is seeking a Compliance Officer to support the Head of Compliance APAC in identifying, managing and controlling Compliance Risks across the APAC region. The role focuses on executing the Compliance Strategy and ensuring governance, integrity culture and regulatory alignment.

You will work with Compliance colleagues across APAC, interact with regulators, and provide advisory to internal stakeholders on compliance risk management and related procedures.

Qualifications

• Minimum 7 years of professional experience in Compliance, business consultancy, risk management, audit or related areas for insurance or financial institutions.
• Strong knowledge in regulatory requirements/topics in various Compliance subjects and understanding of risk management programs.
• Proven experience and ability to work effectively with regulators.
• Excellent decision making, problem solving and analytical skills.
• Experience in an international environment is a plus and English proficiency is essential.

Responsibilities

• Partner with Head of Compliance APAC to develop, manage and execute the Compliance Strategy and Plan in Hong Kong.
• Promote and drive a strong Compliance and Integrity culture across APAC.
• Monitor regulatory developments and mitigate related risks.
• Provide enabling support and advisory to business units on Compliance issues.
• Participate in Governance and Risk committee meetings to ensure robust governance.
• Conduct Compliance Risk Assessments and identify mitigating controls.
• Develop and deliver tailored Compliance training and communications.
• Ensure alignment between Group Policies and local regulations; oversee local policies.

Skills

Regulatory compliance

Risk management

Regulator liaison

Audit experience

Analytical skills

Leadership

Cross-cultural

English proficiency

Education

University degree

Job description

This is an exciting opportunity to join a team of Compliance professionals providing Compliance enabling support and risk mitigation advisory to various Swiss Re entities across APAC. We are looking for a highly motivated individual to fill the position of Compliance Officer based in Hong Kong. This role will directly report to the Head of Compliance APAC and closely interact with other Compliance colleagues to manage Compliance Risks in Hong Kong and across the APAC region. The key objective of this role is to support the Head of Compliance APAC in the identification, management and control of Compliance Risks and execution of the Company’s Compliance Strategy. This job is ideal for an ambitious individual who is looking for a challenge and has an interest in working in a dynamically changing international environment.

The Opportunity:

• Partner with the Head of Compliance APAC in developing, managing and executing the Compliance Strategy and Plan in Hong Kong in alignment with the Group Compliance Program
• Promote and drive a strong Compliance and Integrity culture throughout the region
• Manage monitoring of regulatory developments to ensure all regulatory requirements are known, are adhered to and associated risks are adequately mitigated
• Provide the business and other internal stakeholders with enabling support and advisory in managing Compliance risks and support them in implementing Compliance related procedures
• Participate in various Governance and Risk committee meetings to ensure effective governance and control frameworks are in place and the risks are effectively mitigated
• Conduct Compliance Risk Assessments to identify inherent Compliance risks and assess mitigating controls within the business
• Develop and deliver tailored Compliance training, awareness and communications to ensure internal knowledge is kept up to date with the changing regulatory requirements and the company’s Compliance Policies and Standards
• Ensure alignment between Group Compliance Policies and Standards and local regulatory requirements, including ongoing oversight and maintenance of local Compliance policies and procedures
• Provide regular Compliance reporting to senior management and committees internally and regulatory authorities externally as appropriate.
• Perform the role of Compliance Key Function Holder with the Insurance Authority in relation to Swiss Re’s regulated entities in Hong Kong

About the team:

The Compliance APAC team consists of professionals based in various locations across APAC who are passionate about delivering outstanding enabling and risk mitigation support to internal clients to ensure business is conducted in a compliant and ethical manner. You will work closely with these colleagues and also have the opportunity to collaborate with colleagues across other regions as part of a global division.

About you:

• University or equivalent qualification
• Minimum 7 years of professional experience in Compliance, business consultancy, risk management, audit or related areas for insurance or financial institutions
• Strong knowledge in regulatory requirements/topics in various Compliance subjects and understanding of risk management programs
• Proven experience and ability to work effectively with regulators
• Excellent decision making, problem solving and analytical skills
• Strong leadership, organizational and time management skills
• Team player with strong communication, interpersonal and cross-cultural skills.
• Great energy, capable of adopting multiple roles and managing multiple tasks, simultaneously
• Ability to navigate ambiguity in a fast-paced environment
• Excellent written and spoken English.
• Experience in an international environment is a plus

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

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