Regulatory Compliance Manager

Role Overview

As a Regulatory Compliance Manager at Great Eastern, you will be integral to driving and implementing the Compliance Risk Management Framework across all Group entities. Your role involves facilitating business units' adherence to applicable laws and regulations by providing ongoing compliance support.

Key Responsibilities

• Serve as the primary regulatory liaison with MAS, LIA, GIA, and other authorities, coordinating inspections, information requests, and queries with relevant business stakeholders promptly.
• Advise business units on regulatory requirements and participate in new initiatives and projects to address business concerns and needs.
• Oversee and support local entities on general compliance matters and Group-wide initiatives, including adapting Group policies, standards, and guidelines as needed.
• Monitor regulatory developments, assess their impact, and stay informed on industry compliance trends, emerging threats, and technologies to enhance risk management strategies.
• Manage compliance incidents within the GE Group by overseeing timely reporting and monitoring resolution of action plans by business units.
• Initiate Compliance Requirement Self Assessments (CRSA) for relevant laws and regulations, ensuring business units implement necessary controls.
• Support enhancements and user acceptance testing (UAT) of the eGRC system, offering guidance to stakeholders.
• Prepare and coordinate compliance-related materials for management meetings, including reports and information gathering.
• Perform additional responsibilities or projects as assigned by supervisors or Head of Group Regulatory Compliance.

Candidate Profile

• Possess 8 to 10 years of regulatory compliance experience in the insurance sector.
• Demonstrate thorough knowledge of the Insurance Act, Financial Advisers Act, LIA and GIA guidelines, and industry best practices.
• Exhibit leadership capabilities and self-motivation to lead initiatives.
• Skilled in building effective relationships with both internal teams and external stakeholders.
• Detail-oriented with strong analytical and problem-solving aptitude.
• Excellent communication and interpersonal abilities.
• Capable of managing multiple tasks and working effectively under pressure.
• Flexible and open to adapting to changes.
• Able to work independently and collaboratively within teams.
• Proactive, resourceful, and adept at multitasking.

Additional Information

Note to Recruitment Agencies: Great Eastern does not accept unsolicited agency resumes. Please refrain from sending resumes to our email or employees as we are not responsible for any fees arising from unsolicited submissions.

Work Location

SG-GE Centre, Singapore