Associate - Risk Management and Compliance

The Great Eastern Life Assurance Company Limited; Singapore; On-site; SGD 28,000 - 50,000; Full time

Job summary

The Great Eastern Life Assurance Company Limited Brunei branch is seeking a proactive professional to support risk management, compliance, and regulatory governance. The role requires strong communication, detail orientation, and a commitment to accuracy in regulatory reporting and record keeping.

You will collaborate with the line manager, head of branch, and SG Head Office to ensure adherence to regulatory requirements, company policies, and industry standards while coordinating training and

Qualifications

• Minimum Degree qualification.
• Familiar with industry/regulatory environment.
• Proficient in Microsoft Office.
• Strong communication, negotiation and interpersonal skills.

Responsibilities

• Assist line Manager to define and implement strategies in Risk Management, Compliance and Regulatory Governance.
• Review group policies/guidelines and adopt for Brunei Branch, ensure branch compliance.
• Review Regulatory Consultation papers and liaise with SG Head Office for timely responses.
• Prepare regular and ad-hoc reports for internal/external stakeholders.
• Coordinate with operations to ensure timely regulatory reporting (CRS, FATCA, AML/CFT).
• Support data protection officer (DPO) and act as BCI contact point for data protection matters.
• Coordinate BCP with branches and SG Head Office.
• Coordinate training programs for the branch.
• Assist on ad hoc assignments/reviews (e.g., marketing and social media).
• Any other tasks as delegated by the manager.

Skills

Risk management

Compliance

Regulatory governance

Communication skills

MS Office

Detail oriented

Team player

Education

Bachelor's degree

Tools

Microsoft Office

Job description

To support the line manager in executing policies and strategies in areas of Risk Management and Compliance to ensure Brunei branch operates in accordance to regulatory requirements and Group’s policies.

• Assist the line Manager to define and implement sound & effective strategies in the area of Risk Management, Compliance and Regulatory Governance to mitigate risks and ensure compliance with regulatory requirements.
• Support the line Manager to review group policies and guidelines and adopt where applicable for the Brunei Branch and ensure branch operates according to the applicable policies and guidelines.
• Assist the line Manager to review Regulatory Consultation papers and guidelines and assess implications for Brunei Branch and liaise with SG Head office to ensure timely response to regulatory consultation papers.
• Prepare regular and adhoc report for internal and external stakeholders.
• Coordinate with operation team to ensure timely submission of regulatory reporting pertaining to tax evasion (CRS, FATCA) and AML/CFT (CTR, STR)
• Act as the support to the data protection officer (\"DPO\") and facilitate compliance to the personal data protection order (\"PDPO\"). Also act as the Business contact information (\"BCI\") contact point for data protection matters.
• Coordinate BCP with various departments within the Brunei Branch and SG Head Office.
• Coordinate training programs for the branch.
• Support the line Manager or the Head of Branch on ad hoc assignments/reviews (e.g. Marketing and social media publication) and coordination with other business as required.
• Any other tasks that may be required from time-to-time as delegated by the manager.

We are looking for pro-active owners and ensure end-to-end task completion. The individual is expected to be self-starter and display accoutability in their role.

The role will required the individual to have good writing skills, be detail orientated and merticulous in their work. They are expected to keep a good record keeping habits and keeping their line manager/ Head of branch on updates and flag up for attention if they noted any issues.

• Minimum Degree qualification.
• Familiar with industry’s regulatory environment.
• Proficient in Microsoft Office.
• Possesses strong communication, negotiation and interpersonal skills.
• Team player and willing to learn.
• Demonstrates alignment with the organization’s core values through expected behaviours.
• High level of integrity, take accountability of work and good attitude over teamwork.
• Take initiative to improve current state of things and adaptable to embrace new changes.

• Champion and embody our Core Values in everyday tasks and interactions.
• Demonstrate high level of integrity and accountability.
• Take initiative to drive improvements and embrace change.
• Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
• Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of \"AA-\" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

:BN-GE Brunei

:Singapore