Assistant Manager - R&C

Oliver James Associates Ltd.; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading player in the Insurance sector is looking for a proactive Assistant Manager in Risks & Compliance. The role involves managing compliance projects, maintaining risk policies, and ensuring adherence to laws and regulations. Candidates with proven expertise in compliance and risk management within the insurance industry are invited to apply.

Qualifications

• Proven expertise in managing compliance and risk within the insurance industry.
• Strong understanding of industry regulations and standards.

Responsibilities

• Manage and execute compliance projects ensuring ethical and compliant operations.
• Maintain risk policies and facilitate assessments for regulatory reporting.
• Monitor compliance with applicable laws and regulatory requirements.

Skills

Analytical skills

Organizational skills

Communication

Interpersonal skills

Job description

Career Opportunity: Assistant Manager - Risks & Compliance

We are thrilled to partner with a leading and distinguished player in the Insurance sector. Our client is committed to delivering exceptional service and upholding the highest standards of compliance and risk management. They are currently seeking a proactive and meticulous Assistant Manager in their Risks & Compliance department to enhance their dynamic team.

Role Summary:

The Assistant Manager - Risks & Compliance will be indispensable in managing and executing compliance projects. This role will ensure that all business functions operate in a compliant and ethical manner while meeting the company's objectives.

Risk Management
- Maintain and review risk policies and procedures to ensure adequate checks, controls, and risk mitigations
within the Group.
- Facilitate RCSA and enterprise risk assessments to update the risk dashboard and KRIs for regulator
reporting on company's risk exposures and their controls.
- Maintain and review the BCP policy, as a member of the BCP steering team.
- Establish and implement the Outsourcing policy and maintain the Outsourcing register.
- Perform the ORSA process and prepare the ORSA report for the regulated company.
- Monitor and highlight risk incidents and compliance breach matters.

Compliance
- Monitor the applicable laws and regulations and facilitate the implementation of regulatory requirements
as and when required.
- Ensure AML/CFT compliance, including the review and follow-up on escalated alerts from customer KYC/
name screening.
- Develop and maintain policies that adhere to the laws and regulations.
- Support follow-up and investigation into regulatory breaches and market misconduct.

Essential Skills:

• Proven expertise in managing compliance and risk within the insurance industry.
• Strong understanding of industry regulations and standards.
• Exceptional analytical and organizational skills.
• Excellent communication and interpersonal skills.