Distribution Compliance Officer (1 Year Contract)

Prudential Hong Kong Limited; Singapore; On-site; SGD 55,000 - 75,000; Full time

Job summary

Prudential Hong Kong Limited is hiring a Distribution Compliance Officer for a one-year contract in Singapore. This role involves ensuring timely compliance reporting, conducting investigations into agency misconduct, and engaging stakeholders for fair assessments. Candidates should have a degree and 2 years of experience in data analysis and project management, preferably within the insurance industry. Strong skills in Excel and data analytics tools like PowerBI or Python are essential. Join us to make a significant impact in a dynamic environment.

Qualifications

• 2 years of experience in data analysis and project management.
• Experience in insurance sales data analysis is an added advantage.
• High proficiency in use of Excel and data analytics.

Responsibilities

• Ensure timely compliance reporting and misconduct trend monitoring.
• Conduct thorough investigations into suspected agency misconduct.
• Engage stakeholders to ensure fair assessments.

Skills

Effective communicator and influencer

Effective problem solving

Effective project management

Understanding of financial industry

Familiar with FAA and MAS regulations

Education

Degree in any discipline

Tools

Excel

PowerBI

Python

Job description

Distribution Compliance Officer (1 Year Contract) page is loaded## Distribution Compliance Officer (1 Year Contract)locations: Singaporetime type: Full timeposted on: Posted Todayjob requisition id: 26040381Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.In this role, you will ensure timely compliance reporting, misconduct trend monitoring, and data analysis for distribution channels, while conducting thorough investigations into suspected agency misconduct and recommending appropriate actions. You will engage stakeholders to ensure fair assessments, uphold regulatory and market conduct standards, and drive initiatives to enhance compliance and process efficiency, leveraging strong data analysis, problem-solving, and stakeholder management capabilities within the insurance environment.**Job Description:*** Ensures that compliance reporting, misconduct trend and data analysis related to distribution channels are completed within stipulated timelines by the team.* Ensures that thorough analysis is conducted into suspected agency misconduct issues, recommends and ensures appropriate actions are taken to address substantiated undesirable sales behaviour.* Engages customers and distribution channels to obtain information for a fair and thorough assessment of alleged misconduct.* Maintains discipline and compliance to prescribed market and business conduct for the distribution channels.* Competent and conversant with the relevant contents and requirements of applicable regulations, industry standards, Regional Compliance Standards and business rules.* Participates and delivers projects and/or initiatives to meet internal and regulatory requirements and improve internal process efficiencies.**Who we are looking for:****Competencies & Personal Traits*** Effective communicator and influencer* Effective in problem solving* Effective in project management and change management* Good understanding of financial industry, and familiar with insurance operations (preferred)* Familiar with FAA and MAS regulations and industry guidelines applicable to insurance industry (preferred)**Working Experience:*** 2 years of experience with in-depth data analysis and project management* Experience in data analysis related to insurance sales and/or agent misconduct would be an added advantage**Education:*** Degree in any discipline* High proficiency in use of Excel and/or data analytics (such as PowerBI, Python)* Relevant insurance qualifications (such as M5, M9, etc) **Prudential is an equal opportunity employer.** We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.Prudential plc provides life and health insurance and asset management to 18 million customers across 24 markets in Asia and Africa.We are headquartered in London and Hong Kong and are focused on four strategic regions: Greater China, ASEAN, India and Africa. We are served by around 68,000 average monthly active agents and more than 200 bank partners.Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.Find out more atFollow us on LinkedIn