Senior Executive/ AM, Risk Management and Compliance (Insurance Sector)

PeopleSearch; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A well-known insurance firm in Singapore is seeking a Senior Executive/AM for Risk Management and Compliance. The ideal candidate will have at least five years of experience in the insurance sector, with a strong grasp of risk management and compliance regulations. Responsibilities include developing risk strategies, monitoring compliance standards, and training staff. This position also requires excellent communication and analytical skills to succeed in a dynamic environment.

Qualifications

• 5+ years of experience in risk management or compliance roles.
• Strong knowledge of regulatory frameworks and AML/CFT requirements.
• Proven ability to design and implement effective risk controls.

Responsibilities

• Drive risk management activities and design control policies.
• Monitor developments in Regulations and advise on business impact.
• Implement Risk Management and compliance policies.

Skills

Risk Management

Compliance

Analytical skills

Communication skills

Organizational skills

Education

Bachelor’s degree in Risk Management, Finance, or Business Administration

Professional certifications (FRM, CAMS)

Job description

Our client - a well known of Insurance company is seeking for Senior Executive/ AM, Risk Management and Compliance.

Key Responsibilities

• Drive risk management activities and initiatives, design control policies and procedures to mitigate risks, and monitor the effectiveness of the recommended control measures.
• Monitor developments and proposed developments in Regulations, advising on the actual or potential business impact and recommend appropriate action and/or responses to the Regulator.
• Develop, promote and monitor the implementation of Risk Management and compliance policies and practices to meet regulatory & Group Risk management framework that is proportional to size/scale of the operations.
• To promote risk management and compliance awareness and culture, including conducting training on risk management and compliance topics.
• Assist in the preparation of reports on a regular basis to keep senior management and regional office informed of the operation and progress of compliance efforts and risk management initiatives.
• Manage, review and update business continuity management Conduct screening for AML/CFT.
• Any other duty or assignment as and when instructed by the superior.

Skills & Qualifications

• Bachelor’s degree in Risk Management, Finance, Business Administration, or related field; professional certifications (FRM, CAMS) are an advantage.
• Minimum 5 years’ experience in risk management or compliance roles from Insurance Sector.
• Preferably CGI qualifications or relevant insurance equivalent is a MUST.
• Proven ability to design and implement effective risk controls.
• Strong knowledge of regulatory frameworks and AML/CFT requirements.
• Skilled in interpreting regulations and preparing compliance documentation.
• Excellent analytical, communication and organizational skills, manage priorities effectively.

Interested candidates kindly forward your CV to [e-mail] (Jessy Chiew Jie Xin, Reg No: R25127837). Feel free to forward this great opportunity to someone who would be a great fit for this role.

All information will be kept strictly confidential. We regret to inform that only successful applicants will be contacted.

PeopleSearch Pte Ltd

EA License No: 16S8057