Manager, Partnership Distribution Governance

Prudential Assurance Malaysia Berhad; Kuala Lumpur; On-site; MYR 90,000 - 160,000; Full time

Job summary

Prudential Assurance Malaysia Berhad in Kuala Lumpur is seeking a compliance professional to oversee governance for Partnership Distribution, ensuring adherence to regulatory requirements and internal controls.

The role involves drafting policies, monitoring compliance programs, and advising management on new initiatives, with a focus on risk mitigation and strong collaboration with regulators and internal stakeholders.

Qualifications

• Recognized degree or higher in Business Administration, Finance, Law or related field.
• Experience in insurance or financial services (min 5 years).
• Good written and oral communication skills with all levels of management and staff.

Responsibilities

• Act as the department’s reference point for compliance matters.
• Review existing business rules to ensure regulatory compliance.
• Determine regulatory risk parameters for an effective compliance monitoring program.
• Prepare periodic and ad-hoc compliance reports.

Skills

Regulatory knowledge

Internal audit

Analytical thinking

Education

Degree or professional qualification inBusiness/Finance/Law

Tools

MS Word

Excel

PowerPoint

Job description

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

The incumbent is responsible to oversee Partnership Distribution on governance processes and controls. He/she is required to manage new regulatory guidelines / regulations, draft compliance policies and procedures, assist in implementation of necessary controls to meet the compliance requirements and operational standard as well as to assist in establishment of policies and procedures. On top of that, he/she also to advise Partnership Distribution Management on governance processes & new initiatives involving PD functions.

Key Responsibilities

• Act as the department’s reference point for compliance matters.
• Constantly reviewing existing business rules and activities to ensure compliance with requirements.
• In conjunction with the business, determine regulatory and compliance risk parameters for establishing and delivering an effective compliance monitoring program.
• Provide feedback to regulators/authorities in relation to concept papers, surveys etc.
• Prepare periodic and ad-hoc compliance reports.

Qualifications & Requirements

• Qualifications
• A recognized Degree, Post Graduate Diploma or Professional Degree in Business Administration, Finance, Law or related fields
• Experience
• Min 5 years in insurance or financial services
• Experience in Internal Audit will be an added advantage
• Knowledge
• Passionate with the work, possess initiative, resourceful, reliable and able to work independently with minimum supervision.
• Good with numbers, analytical thinking, meticulous, detailed oriented, high integrity, good ethics and team player.
• Excellent organizational, project management and time management skills, able to work under pressure and after office hours/weekends, if required.
• Good written and oral communication skills with all levels of management, staff and agency force.
• Enthusiastic team player, able to communicate effectively with internal and external stakeholder
• Independent, well organized, focused and able to complete projects on time
• Proficient in MS Word, Excel and PowerPoint

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.