Strategic VP, Insurance Regulatory Compliance

HSBC LIFE (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 180,000 - 320,000; Full time

Job summary

HSBC Life (Singapore) Pte. Ltd. is seeking a Vice President, Regulatory Compliance Insurance to provide practical regulatory guidance for the insurance business in Singapore.

The role emphasizes ensuring adherence to local regulations and internal policies, monitoring regulatory developments, and embedding compliance into product and service decisions. The successful candidate will have strong experience in life insurance regulatory matters, excellent communication across multiple stakeholders,

Qualifications

• Strong regulatory compliance experience in the life insurance industry in Singapore.
• Auditing background and strong understanding of regulatory compliance in financial institutions can be considered.
• Compelling communication and influencing skills with stakeholders across first and second line of defence.
• Ability to develop practical solutions to complex issues and work independently.
• Experience interpreting complex information/data and providing concise summaries for management.
• Experience dealing with regulatory matters and confident interaction with Regulators.
• Demonstrated experience supporting complex change initiatives with dependency tracking and reporting.

Responsibilities

• Provide practical, proactive regulatory compliance advice to the insurance business, supporting the SVP Head of Regulatory Compliance.
• Ensure adherence to applicable local regulations, regulatory expectations, and internal policies/frameworks.
• Monitor, interpret, and advise on regulatory developments to help the business anticipate and respond to regulatory change.
• Embed compliance considerations into business decision-making, including incident management and review of new products and services for compliance issues at early stage.
• Identify, assess, mitigate, elevate, and report compliance risks and issues in a timely manner.
• Work closely with stakeholders and Line Manager to address queries from the regulators and manage regulatory engagements.
• Support governance reporting and provide constructive challenge to business inputs; assist with PMO-regulatory communications.
• Provide support for strategic projects delivering Legal Day 1 readiness and TSA continuity by overseeing compliance change impacts.

Job description

HSBC Life (Singapore) Pte. Ltd. is seeking a Vice President, Regulatory Compliance Insurance to provide practical regulatory guidance for the insurance business in Singapore.

The role emphasizes ensuring adherence to local regulations and internal policies, monitoring regulatory developments, and embedding compliance into product and service decisions. The successful candidate will have strong experience in life insurance regulatory matters, excellent communication across multiple stakeholders,