Assistant Manager, Project Compliance

Hong Leong Assurance; Selangor; On-site; MYR 40,000 - 60,000; Full time

Job summary

A leading insurance provider in Malaysia is seeking a candidate to support the Head of Project Compliance. In this role, you will contribute to promoting a compliance-first culture, preparing compliance risk reports, and conducting compliance reviews. Ideal candidates will possess a bachelor's degree in law or a related field, along with at least 3 years of compliance experience, preferably in insurance product development. Strong communication skills are essential for this collaborative role.

Qualifications

• Bachelor’s degree in law or any related field.
• Minimum 3 years of experience in the compliance field, insurance product development experience is a plus.
• Strong communication and interpersonal skills.

Responsibilities

• Provide support in the Project Compliance function.
• Prepare regular reports and analysis of compliance risk.
• Conduct gap analyses and risk-based compliance reviews.
• Deliver compliance training and awareness materials.
• Collaborate with team members to support compliance objectives.

Job description

Providing support in theProject Compliance functionto promote a compliance-first culture within the organization and to improve various compliance processes within the organization.

Notable scope of work in providing assistance and support to theHead of Project Complianceinclude the following areas:

Preparing timely and regular reports and analysis of compliance risk for internal committees and management;

Providing oversight and support to Business Units on general compliance matters/Group initiatives and adoption of Group policies, standards, and guidelines where required;

Conducting gap analyses and risk-based compliance reviews on business processes to identify gaps, elevate issues/risks promptly and work with Business Unit to implement timely remedial actions;

Tracking regulatory changes, communication updates and implementation/issue tracking;

Delivering compliance training and awareness materials;

Staying updated on compliance-related trends and developments to support the team’s advisory/governance function;

Contributing to process improvements and team initiatives as needed;

Identifying learning and growth opportunities for self, and thus ensuring career growth;

Reviewing product documents and marketing materials to ensure regulatory and customer-protection standards are met;

Assisting in the maintenance of compliance governance documents and project tracking;

Collaborating with team members and stakeholders to support compliance objectives;

Carry out tasks assigned by Chief Compliance Officer, Head of Project Compliance or other senior Compliance team members and ensure regulatory requirements are adhered to.

Job Requirements

Bachelor’s degree in law or any related field;

Minimum 3 years of experience in compliance field. Insurance product development experience would be an added advantage;

Well-versed in compliance knowledge and governance frameworks;

Strong communication and interpersonal skills for working with cross-functional teams.