Senior Insurance Distribution Compliance Lead

HSBC LIFE (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 180,000 - 260,000; Full time

Job summary

HSBC Life (Singapore) Pte. Ltd. is seeking an Assistant Vice President for Distribution Compliance in Singapore.

The role focuses on identifying distribution compliance risks, supporting regulatory implementations, and advising on market conduct for tied agencies within the life insurance business. Ideal candidates will have strong regulatory knowledge under FAA/SFA, experience in the insurance sector, and the ability to engage with senior stakeholders across local and global teams.

Qualifications

• Identify Distribution Compliance risk changes and potential impacts on the business model.
• Assist in program implementation to quantify impacts and address regulatory changes.
• Provide compliance advisory in respect of market conduct for the tied agency and review Risk Control Assessments.
• Monitor and track regulatory dissemination and assist in papers for management committees.
• Liaise with Singapore, Global Business and Functional teams to support Distribution Compliance matters.
• Ensure relevant risk information is collated timely and documented.
• Proactive engagement with Business on Distribution Compliance matters and advisory.
• This is an individual contributor role; experienced compliance practitioner in the insurance industry preferred.
• Knowledge of FAA, SFA, Fair Dealing guidelines and LIA notices related to life/health insurance businesses will be crucial.

Responsibilities

• Assist in the identification of Distribution Compliance risk changes and impact on business models.
• Support program implementation to quantify impacts of regulatory changes.
• Provide advisory on market conduct for the tied agency and review assessments.

Job description

HSBC Life (Singapore) Pte. Ltd. is seeking an Assistant Vice President for Distribution Compliance in Singapore.

The role focuses on identifying distribution compliance risks, supporting regulatory implementations, and advising on market conduct for tied agencies within the life insurance business. Ideal candidates will have strong regulatory knowledge under FAA/SFA, experience in the insurance sector, and the ability to engage with senior stakeholders across local and global teams.