Regulatory Compliance & Risk Culture, Consultant

AIA Singapore; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

AIA Singapore is looking for a Regulatory Compliance professional to manage and mitigate regulatory risk, focusing on data privacy and fraud. This role involves providing compliance advisory, conducting gap assessments, and developing training programs. Candidates should have at least 5 years of relevant experience, preferably in the financial sector, and a bachelor's degree. Strong communication and relationship-building skills are essential. This position contributes to fostering a positive risk culture within the company.

Qualifications

• At least 5 years of relevant experience, preferably in the financial sector.
• Knowledge of internal controls and managing regulatory risk.
• Professional accreditations on data privacy are an added advantage.

Responsibilities

• Provide ongoing compliance advisory to business functions.
• Conduct gap assessments on new regulatory developments.
• Ensure regulatory obligations are embedded into business.
• Develop and deliver data privacy training.

Skills

Team player

Liaison skills

Relationship building

Communication skills

Digital analytics skills

Education

Bachelor’s degree (or equivalent)

Job description

About the Role

Reporting to the Senior Manager, Regulatory Compliance & Risk Culture, this position is responsible for helping the company manage and mitigate regulatory risk, including risks arising from data privacy and fraud. The role collaborates with business functions to foster a positive risk culture through effective risk and compliance awareness, engagement, advisory, and preventive programs.

Regulatory Advisory

• Provide ongoing compliance advisory and support to business functions on various initiatives to ensure compliance with relevant regulations, including the Personal Data Protection Act (PDPA).
• Conduct gap assessments on new regulatory developments, liaise with business functions to implement new requirements, and monitor identified gaps to ensure adherence.
• Ensure regulatory obligations are embedded into business and monitor remedial actions for any lapses.
• Develop and deliver data privacy training and awareness communications to promote understanding of regulatory obligations and risk management expectations.

Regulatory Liaison

• Liaise with key regulators and industry associations to prompt addressing of requests and queries, facilitating engagement sessions to manage the company’s relationship with regulators.
• Review and challenge business functions on responses to regulators to ensure the company’s answers are accurate, consistent, and of good quality.

Other Responsibilities

• Assist in reporting requirements to regulators, the group, board of directors, senior management, and other stakeholders as required.
• Execute ad‑hoc tasks and projects assigned by the Team Lead, Head, or Executive Committee.

Minimum Job Requirements

• Education: Bachelor’s degree (or equivalent).
• Experience: At least 5 years of relevant experience, preferably in the financial sector, with knowledge of internal controls and managing regulatory risk.
• Certifications/licenses: Professional accreditations on data privacy are an added advantage.
• Skills: Team player; liaison, relationship building and communication skills (e.g., mediation); ability to build trust and credibility with key regulators by responding accurately, timely, and concisely; digital analytics skills.