Risk Management Assistant

4 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia Berjaya Sompo Insurance Berhad Full time

Job Description

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We are seeking a highly skilled and experienced Regulatory Support Specialist to join our team at Berjaya Sompo Insurance Berhad.

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The Regulatory Support Specialist will be responsible for assisting in reviewing guidelines issued by relevant regulators, statutory agencies, and industry associations to ascertain regulatory requirements and identify gaps.

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Key Responsibilities:

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  1. ">
  2. Assist in conducting Compliance Risk Assessments, Compliance Thematic Reviews, monitoring, and testing of internal controls to evaluate the adequacy of controls put in place to manage compliance risk.">
  3. Ensure timely resolution of identified deficiencies and assist in the preparing and drafting of Compliance Reports to senior management and Board.">
  4. Review relevant product documentation and marketing materials to meet statutory and regulatory requirements.">
  5. Provide advice to business lines and support units on regulatory developments and related regulatory requirements.">
  6. Perform any other duties assigned by the Chief Compliance & Sustainability Officer as and when necessary.">
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Requirements

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  • Bachelor's degree in management, business administration, finance, law, or any compliance core-related discipline.">
  • Minimum 5 years working experience related to this field. Experience working in the financial sector, i.e., insurance or banking, would be an added advantage.">
  • Good understanding and knowledge of internal control environment (i.e., Compliance, Audit, and Risk Management).">
  • Good communication skills, good documentation and record-keeping skills.">
  • Good analytical skills, fair personal management skills, and proficiency in MS Office applications.">
  • Good understanding of operational environment of either general or life insurance business would be an added advantage.">
  • Good understanding of the implications and complexities of the local regulatory environment in order to carry out the responsibilities of the job as prescribed.">
  • Driven, determined, organized, disciplined, and self-motivated with a strong attention to detail.">
  • Must be able to work well with a variety of different people at all levels within the Company.">


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