Compliance Director (Insurance, SG based, Chinese language skills required)

ES Corporate Functions; Singapore; On-site; SGD 120,000 - 160,000; Full time

Job summary

A leading Insurtech company in Singapore is seeking a seasoned compliance leader to drive compliance functions and liaise with the MAS. The role requires strong knowledge of MAS processes, at least 8 years of experience in financial services, and proficiency in Chinese. Responsibilities include leading the licensing process, ensuring compliance with relevant laws, and advising senior leadership on regulatory trends. The ideal candidate will possess excellent leadership skills and a relevant bachelor's degree.

Qualifications

• At least 8 years in insurance, financial services, or regulatory compliance.
• 5+ years in a senior compliance or RO role in Singapore.
• Experience in obtaining and maintaining MAS licenses is a plus.

Responsibilities

• Act as the primary liaison with MAS.
• Lead the application process for the insurance brokerage license.
• Develop and update internal policies and procedures.

Skills

MAS compliance knowledge

Leadership

Stakeholder management

Chinese language proficiency

Education

Bachelor’s degree in finance, Law, Business Administration

Professional certifications in compliance, AML, or risk management

Job description

About the Company

Our client is leading Insurtech company.

The role

We are looking for a seasoned compliance leader to join a listed Insurtech company as they expand. The role will be leading the compliance function as the main contact with the MAS, manage the licensing process. This role requires strong knowledge of MAS processes, a track record of excellence in the financial services sector and Chinese language skills at full professional proficiency level.

Summary of the role and key responsibilities

• Act as the primary liaison with MAS, ensuring clear and timely communication throughout the process.
• Lead the application process for the insurance brokerage license with MAS, from preparation to submission.
• Develop and update internal policies and procedures to ensure compliance with relevant laws and MAS guidelines (e.g., Insurance Act, Financial Advisers Act).
• Ensure compliance with AML/CFT regulations, PDPA, and corporate governance codes.
• Monitor compliance post-licensing to maintain adherence to MAS obligations.
• Advise senior leadership on regulatory trends and the impact of upcoming MAS changes.
• Foster a culture of compliance by organizing training and awareness initiatives across the firm.
• Represent compliance in discussions with the board and executive team regarding risk and regulatory issues.
• Collaborate with external auditors, legal advisors, and service providers to support compliance initiatives.
• Assist cross-functional teams during regulatory reviews, audits, and due diligence.

Key skills required

• Eligible to be a MAS-appointed Responsible Officer (RO) under the FAA and/or Insurance Act.
• At least 8 years in insurance, financial services, or regulatory compliance with 5+ years in a senior compliance or RO role in Singapore, ideally within a licensed insurance broker or financial advisory firm.
• Experience in obtaining and maintaining MAS licenses is a plus.
• Strong understanding of MAS regulatory frameworks and compliance operations in Singapore.
• Familiarity with risk management, governance structures, and regulatory audits.
• Excellent leadership and stakeholder management skills.
• Strong written and verbal communication skills, with the ability to influence at all organizational levels.
• Bachelor’s degree in finance, Law, Business Administration, or a related field.
• Professional certifications in compliance, AML, or risk management (e.g., ICA, CAMS) are advantageous.

How to apply

If you are interested in discussing this role further, please apply for the position or contact Christy Zhang at [e-mail] (Job code 63072).

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