Compliance and Governance Specialist

5 days ago


Klang, Selangor, Malaysia Hong Leong Assurance Full time
Job Summary

We are seeking a highly skilled Regulatory Compliance Manager to join our team at Hong Leong Assurance. This role is crucial in promoting a compliance-first culture within the organization, driving effective management of regulatory risks and compliance processes.

About the Role
  • Develop and implement an annual compliance plan to address regulatory requirements and enhance risk management practices.
  • Provide expert advice on regulatory guidelines and policies to senior management and business units, ensuring seamless adoption and implementation.
  • Maintain accurate records of compliance activities, including gap analysis, self-assessment, and attestation.
  • Identify opportunities for process improvements and recommend initiatives to mitigate compliance risks.
  • Prepare regular compliance reports for senior management, highlighting key findings and recommendations.
  • Conduct risk-based reviews of business processes to identify gaps and escalate issues promptly.
  • Serve as the primary point of contact for regulators and external stakeholders regarding compliance and regulatory matters.
  • Develop and review regulatory compliance-related policies and procedures.
  • Design and deliver compliance training programs to promote awareness and understanding among employees.
  • Monitor and manage ongoing regulatory compliance activities, tracking supervisory observations and related issues.
  • Support the Head of Regulatory Compliance in achieving departmental objectives and priorities.
  • Foster collaboration with internal and external stakeholders to align compliance objectives with business direction and regulatory expectations.
Qualifications
  • Degree in Law, Accounting, Finance, or a professional qualification/certification in compliance-related fields.
  • A minimum of 6 years of experience in audit and compliance for financial institutions, preferably in the insurance industry.
  • In-depth knowledge of insurance regulations and understanding of relevant guidelines.
  • Proficiency in Microsoft Office.
  • Excellent communication, interpersonal, and analytical skills.


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