Compliance, Consultant (General)(Contract)

AIA Malaysia; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

AIA Malaysia is seeking an experienced Compliance professional to support the implementation of the Company's Compliance Program, covering regulatory compliance, AML/CFT, investment, product and sales compliance in line with regulatory requirements and Group standards.

The role involves coordinating system deliverables (Sunray, eGRC, IRIS), conducting risk assessments, maintaining obligation registers, and providing guidance to business units, while representing Compliance in initiatives

Qualifications

• Bachelor’s degree in Accounting, Finance, Law or Business.
• Approximately 7 years solid experience in general insurance/financial industry handling compliance and/or controls.
• Good understanding of Insurance/Takaful business preferred.

Responsibilities

• Support the implementation of the Compliance Program in line with regulatory requirements and Group standards.
• Coordinate compliance-related system deliverables (Sunray, eGRC, IRIS) and act as the contact for related activities.
• Conduct risk assessments, gap analyses, and assurance reviews with business units to mitigate risks.
• Maintain regulatory inventories, obligation registers, and reporting trackers.
• Support the development and implementation of compliance policies, procedures and controls.
• Represent Compliance in local and Group initiatives, projects and stakeholder engagements.
• Perform compliance reviews on business units and third parties and monitor remediation of issues.
• Track compliance issues, incidents, and action plans; prepare reports for Management and Boards.
• Support investigations and management of suspected breaches, fraud or misconduct.
• Deliver compliance training and advisory support to stakeholders.

Skills

Interpersonal skills

Communication skills

Self-motivated

Work under pressure

Organized

Detail-oriented

Analytical

Influencing skills

Business acumen

Problem solving

Integrity and accountability

English and local language writing/spe

Education

Bachelor’s degree in Accounting, Finance, Law or Business

Job description

• Support the implementation of the Company's Compliance Program covering regulatory compliance, AML/CFT, investment, product and sales compliance, in line with regulatory requirements and AIA Group standards.
• Coordinate compliance-related system deliverables (e.g., Sunray, eGRC, IRIS) and serve as the point of contact for related activities.
• Conduct compliance risk assessments, gap analyses, and assurance reviews, while working with business units to identify, assess, and mitigate compliance risks.
• Maintain regulatory inventories, obligation registers, and reporting trackers to ensure timely fulfilment of regulatory requirements.
• Support the development and implementation of compliance policies, procedures, and control frameworks.
• Represent Compliance in local and Group initiatives, projects, and stakeholder engagements.

2. Reporting & Monitoring

• Perform compliance reviews on business units and third parties, and monitor remediation of identified issues and control gaps.
• Track, log, and monitor compliance issues, incidents, and action plans through relevant systems.
• Prepare compliance reports, dashboards, and presentation materials for Management and Board Committees (e.g., MC, BRMC, MRMC).
• Escalate and report compliance risks and issues in accordance with established governance and reporting protocols.
• Support investigations and the management of suspected compliance breaches, fraud, or misconduct cases.

3. Compliance Culture & Awareness

• Support the delivery of compliance training, communications, and awareness programmes to promote a strong culture of compliance and ethics.
• Provide regulatory compliance guidance and advisory support to business stakeholders.

4.Others

• Perform other responsibilities and duties periodically assigned by the supervisor in order to meet operational and/or other requirements.
• Bachelor’s degree in Accounting, Finance, Law or Business with approx. 7 years solid work experience in the general insurance/ financial industry handling compliance and/or controls
• In-depth understanding of the Insurance/Takaful business preferred and, in lieu of insurance, financial services.
• Good interpersonal and communication skills and self-motivated.
• Good written and spoken communication skills in English and local language.
• Independent and be able to work under pressure
• Be organized, detail-oriented and analytical
• Possess influencing skills, business acumen and problem solving skills
• High level of integrity and take ownership and accountability of results