Responsible Officer - New Insurance Brokerage Singapore Cornerstone Global Partners Full time

Cornerstone Global Partners; Singapore; On-site; SGD 120,000 - 240,000; Full time

Job summary

A leading company in Singapore is seeking a highly qualified Responsible Officer to lead the application process for an insurance brokerage license under MAS guidelines. The successful candidate will ensure compliance with legal frameworks while driving operational excellence, making this a pivotal role in the organization.

Qualifications

• Minimum of 8+ years of experience in insurance or financial services.
• At least 5+ years in a senior compliance or RO role in Singapore.
• Fluent in Mandarin and English.

Responsibilities

• Lead the preparation, submission, and management of the MAS insurance brokerage license application.
• Oversee compliance with AML/CFT, data protection, and corporate governance standards.
• Advise senior management on regulatory changes and strategic decisions.

Skills

Communication

Problem-Solving

Stakeholder Management

Education

Bachelor's degree in Finance, Law, Business, or a related field

Job description

Responsible Officer - New Insurance Brokerage

Cornerstone Global Partners Singapore Apply now Posted 5 days ago | In-Office | Permanent | S$120k - S$240k

We are seeking a highly qualified Responsible Officer (RO) to lead the application process for the insurance brokerage license under MAS guidelines and serve as the primary regulatory liaison. The successful candidate will ensure adherence to all legal and compliance frameworks while driving operational excellence.

Role Overview:

As the Responsible Officer (RO), you will lead the application process for the insurance brokerage license under MAS guidelines and serve as the primary regulatory liaison. You will ensure adherence to all legal and compliance frameworks while driving operational excellence.

Key Responsibilities:

• Lead the preparation, submission, and management of the MAS insurance brokerage license application.
• Act as the primary point of contact with MAS, addressing queries and ensuring timely approvals.
• Develop and maintain policies and procedures aligned with MAS regulations (e.g., Insurance Act, FAA, BCCM).
• Oversee compliance with AML/CFT, data protection, and corporate governance standards.
• Conduct internal audits and risk assessments to mitigate operational and regulatory risks.
• Advise senior management on regulatory changes and strategic decisions.
• Foster a culture of compliance through training and mentorship for staff.
• Liaise with auditors, legal advisors, and external partners to ensure alignment with MAS requirements.

Qualifications & Requirements:

• Minimum of 8+ years of experience in insurance or financial services, with at least 5+ years in a senior compliance or RO role in Singapore.
• In-depth knowledge of MAS regulations, licensing processes, and insurance brokerage operations.
• Proven track record in successfully obtaining MAS licenses.
• Strong communication, problem-solving, and stakeholder management abilities.
• Bachelor's degree in Finance, Law, Business, or a related field preferred.
• Fluent in Mandarin and English.