Assistant Manager, Risk & Compliance (Insurance)

Randstad Singapore; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A prominent organization in the insurance industry is seeking a skilled professional for a key role in Singapore. You will support the development and enhancement of the risk management framework, act as the Compliance Officer for regulatory matters, and manage key ERM processes. The ideal candidate has a Bachelor's degree and approximately 5-6 years of experience within the insurance sector, with a strong understanding of local financial regulations. This dynamic environment offers excellent career growth opportunities.

Qualifications

• 5-6 years of experience in risk and compliance, preferably in the insurance sector.
• Strong understanding of MAS regulations and compliance systems.
• Experience in engaging senior stakeholders and reporting.

Responsibilities

• Support the development and enhancement of the ERM framework.
• Act as the local Compliance Officer for regulatory matters.
• Conduct risk analyses and provide decision-support assessments.
• Manage ERM processes including risk assessments and stress testing.
• Ensure compliance systems meet local regulatory requirements.

Skills

Analytical skills

Qualitative risk management

Understanding of MAS regulations

Knowledge of insurance products

Education

Bachelor's degree in Accounting, Finance, or Risk Management

Job description

About the Company

A prominent organization in the global insurance industry with a strong presence across the APAC region. Join a company that values integrity and a proactive approach to risk management, offering a dynamic and supportive environment to grow your career.

About the Job

Take on a critical role ensuring the business operates with integrity by supporting the risk and compliance framework across the APAC region.

Responsibilities

• Support the development and enhancement of the Enterprise Risk Management (ERM) framework and processes for the business.
• Serve as the primary local Compliance Officer, acting as the key contact point for internal, external, and regulatory compliance matters in Singapore.
• Oversee the effective management of risk as part of the second line of defence, including conducting deep‑dive risk analyses and providing decision‑support assessments.
• Manage and execute key ERM processes, such as risk and control assessments, stress testing, and emerging risk identification.
• Ensure all compliance systems and controls meet local regulatory requirements, including those set by MAS, and align with Group Conduct Risk and Financial Crime practices (AML, sanctions, anti‑bribery).

Skills and Experience Required

• Bachelor's degree in a relevant field such as Accounting, Finance, or Risk Management.
• Approximately 5-6 years of experience, preferably within the insurance sector, focused on risk and compliance functions.
• In-depth understanding of local financial regulations, specifically MAS requirements.
• Proven analytical and qualitative risk management skills, with some experience in challenging and engaging senior stakeholders on reports.
• Good working knowledge of underwriting processes and insurance products.

To apply online please use the 'apply' function, alternatively you may contact Lynette Lim. (EA: 94C3609/ R1435181 )