Compliance Analyst APAC

SCOR Services Asia Pacific Pte ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading compliance firm in Singapore seeks a Compliance Analyst to assist with the implementation of the Compliance Program and monitor processes. The ideal candidate should hold a law degree or a diploma in Governance, Risk Management, or Compliance, with 1-3 years of experience in compliance. This role requires strong communication skills and an understanding of risk management. A full-time or part-time position is available with a 12-month extendable contract.

Qualifications

• 1-3 years' experience in a compliance or legal team, preferably in a regulated industry.
• Knowledge of (re)insurance law and experience in the (re)insurance sector is desirable.
• Insurance or reinsurance work experience is a plus.

Responsibilities

• Assist with the implementation of the Compliance Program for the region.
• Monitor compliance-related processes for the region.
• Support on compliance-related training.

Skills

Strong communication skills

Interpersonal skills

Pragmatic and solution-oriented

Understanding of risk management

Team orientation

Education

Law degree or diploma in Governance, Risk Management, or Compliance

Job description

The key areas the Compliance Analyst will support are:

• anti-money laundering & terrorism financing (AML/CFT)


• sanctions & embargoes


• anti-bribery


• anti-fraud (jointly with risk)


• conflicts of interest, monitoring of lobbying activities


• data protection and privacy


• anti-trust and competition law


• reporting concerns / whistleblowing


• Insurance Distribution Directive requirements


• Corporate sustainability Due Diligence requirements


• Licensing & authorizations monitoring

The Compliance Analyst will support the Regional Compliance Officer by:

• Assisting with the implementation and management of the Compliance Program for the region (risk identification and assessment, definition and implementation of controls)


• Assisting with the monitoring of compliance-related processes for the region


• Contributing to Group compliance-related initiatives, projects, and the maintenance of the global compliance framework


• Providing support on the key areas listed above


• Assisting with compliance-related training and supporting legal trainees of the region, in particular in relation to sanctions review and screening


• Collaborating with stakeholders involved in compliance matters, including internal stakeholders, Regional Compliance Officers, the Group Chief Compliance Officer, Group Data Protection Officer, and legal counsels


• Assisting in the development and delivery of compliance training for the Group, the region, and for local entities as needed


• Assisting with spot checks and ICs controls to ensure the effectiveness of compliance-related policies and guidelines and helping to prepare responses to compliance-related GIA findings


• Assisting with horizon scanning, helping to inform relevant stakeholders of necessary actions, and supporting the implementation of those actions


• Contributing to SCOR's Legal & Compliance automation strategy


• Contributing to SCOR’s Speak Up culture.

Education & Experience

• Law degree or diploma in Governance, Risk Management, or Compliance 1-3 years’ experience in a compliance or legal team, preferably in a regulated industry


• Insurance or reinsurance work experience is a plus


• Knowledge of (re)insurance law and experience in the (re)insurance sector is desirable


• 12 months extendable contract, available either full time or part-time (3 days a week)

Skills required

• High degree of personal and professional integrity and credibility


• Strong communication and interpersonal skills


• Pragmatic, curious, and solution-oriented in dealings with colleagues and business partners


• Clear understanding of risk without being risk adverse


• A performance-driven individual, with strong commitment to deliver results


• Ability to set priorities and manage assigned tasks effectively


• Team orientation and collaborative working style