Compliance Manager - Zurich Topas Life

Zurich 56 Company Ltd; Daerah Khusus Ibukota Jakarta; On-site; IDR 160.000.000 - 200.000.000; Full time

Job summary

A financial services firm in Jakarta is seeking a Regulatory Compliance Specialist to ensure that compliance risks are effectively managed. The role requires a Bachelor's Degree in Law or Business and over six years of experience in the Financial Services area. Responsibilities include advising on regulatory compliance matters, monitoring compliance standards, and assisting in compliance process improvements. This position offers a dynamic work environment focused on innovation and proactive problem-solving.

Qualifications

• 6+ years in Financial Services environment.
• Experience in writing company policies.
• Knowledge of Anti-Money Laundering and Trade Sanctions.

Responsibilities

• Provide regulatory compliance advice and strategies.
• Monitor compliance across various areas.
• Assist in compliance process improvement.

Skills

Regulatory compliance expertise

Analytical skills

Communication skills

Project management skills

Conflict resolution

Education

Bachelor's Degree in Law or Business

Advanced Degree or Juris Doctor

Job description

Job Summary

Provides regulatory compliance consultative services at the compliance program/enterprise level. Detects and prevents compliance issues and collaborates with business unit/strategic support unit senior management to ensure that effective internal controls are in place. Builds, promotes and maintains a culture of compliance and ethics within the business unit.

Requirements

Required

• Bachelors Degree in Law or Business Degree in Related Field and 6 or more years of experience in the Financial Services area
• OR Zurich Certified Insurance Apprentice, including an Associate Degree and 6 or more years of experience in the Financial Services area
• Experience with professional writing such as company policies or other management reports.
• Experience with evaluation, assessment, and/or implementation of internal controls.
• Knowledge of Compliance topics such as Trade and Economic Sanctions, Anti-Money Laundering and Anti-Bribery / Anti Corruption.
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Preferred

• Advanced Degree or Juris Doctor
• Effective conflict resolution, presentation and project management skills
• Advanced research skills
• Strong communication and negotiation skills
• In-depth advisory and consultative skills

Job Descriptions - Key Accountabilities

• Provides technical direction and strategic advice in support of regulatory compliant profitable growth and change management execution strategies and develops remediation action plans.
• Monitors region/segment compliance in one or more of the following areas: validation on business unit fulfillment of consent orders and state or multi-state agreements, coordination of market conduct exams, privacy, anti-money laundering (AML), Office of Foreign Assets Control (OFAC), Zurich Trade Restrictions (ZTR), Anti-trust/Fair Competition and related compliance matters.
• Provides proactive, independent, consultative strategic support, advice and subject matter expertise to business/strategic support unit or product/service leadership and associated product/service teams on all regulatory compliance matters.
• Ensures market products and services are regulatory compliant.
• Leads and/or assists in compliance process improvement design for a line of business or business/strategic support unit.
• Coordinates market conduct exams and remediation efforts, involvement, completes Monitoring Risk Assessment documentation, reviews regulatory compliance internal controls and produces quarterly trend analysis for the Compliance Office and business unit senior management using risk based tools and reports.
• Assists business/strategic support unit staff in analyzing impact and requirements of newly enacted laws and regulations.

Job Functions

• May act as Regulatory Compliance Business Partner in business unit senior staff meetings.
• May focus on the compliance projects for a specific product line, business/strategic support unit or a specific compliance issue.
• Provides assurance to business unit senior management that compliance risks are being identified and appropriately managed.

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great!

Join us as we constantly explore new ways to protect our customers and the planet.

• Location(s): ID - Head Office - MT Haryono