To assist the Branch’s Chief Compliance Officer to promote, facilitate, implement, monitor and assess compliance with compliance requirements; and to facilitate the identification and management of compliance risks, relevant to the activities of Sun Life.
Preferred skills (heading) / Compétences particulières (titre)
- Able to work independently.
- Pro-active and be a team player.
- Strong analytical abilities and problem-solving skills.
- Good interpersonal skills to work with various stakeholder.
- Fluency in both spoken and written English with strong written skills
- Communicate effectively with people across at all levels in the organisation and with regulators.
- Familiar with the Monetary Authority of Singapore's regulatory requirements and the Personal Data Protection Act
Qualifications (heading) / Compétences (titre)
- Prior working experience in compliance preferably in a financial institution in Singapore
- Knowledge and hands-on experience in compliance.
- Strong knowledge of Singapore insurance and financial advisory related regulations and industry requirements.
- Strong knowledge of Singapore's Personal Data Protection Act.
- University graduate
- At least 6-8 years of relevant working experience
Responsibilities (heading) / Responsabilités (titre)
1. Compliance Program
- Assist the Business Unit Compliance Officer (BUCO) to develop, implement and monitor the risk based compliance plan covering relevant regulatory requirements as well as those under the organisation’s Compliance Risk Management Policy (CRMP).
- Implement CRMP baseline activities whilst balancing business priorities with the organisation’s governance, risk management and oversight requirements.
- Establish and maintain strong collaboration with other assurance parties and 1st line functions, to embed the three Lines of Defense model, and enhance business ownership of compliance risks.
- Assist in the implementation of regulatory requirements / changes in a timely manner.
2. Compliance Advisory and Training
- Advise first line functions on relevant compliance and regulatory matters under the CRMP.
- Review and approval of all marketing collaterals and press releases etc.
- Represent the Branch as the compliance subject matter expert in industry associations, and in Corporate / Regional meetings and workgroups.
- Review compliance related training contents (Privacy and Regulatory etc.) and conduct additional training where necessary.
3. Financial Crime
- Assist in the review of High-Risk AML cases escalated by 1 LoD.
- Assist in the review of potential suspicious transaction/s cases highlighted by the organisation’s transaction monitoring system and escalate suspicious cases to the BUCO for reporting purpose.
- Assist in the review potential suspicious transaction/s cases escalated by 1 LoD and escalate suspicious cases to the BUCO for reporting purpose.
4. Projects
- Work with 1 LoD on updating and keeping the regulatory up to date.
- Work with relevant stakeholders on the HuBS One Broker experience project.
- Maintain and upkeep of Personal Data Inventory
