As part of our efforts to strengthen our Singapore-based Compliance Office, we are looking for an experienced Deputy Compliance Officer for Munich Re Singapore (MRS). The Compliance Office ensures Monetary Authority of Singapore reinsurance supervisory law compliance and Munich Re Group Compliance Management System compliance. In addition to being the Deputy Compliance Officer, you will also undertake the role of the Data Protection Officer. You will have reporting to the Chief Executive Officer and the Compliance Officer.
Your Role
- Assist the Compliance Officer in implementing a comprehensive compliance programme for managing compliance risks at MRS which requires promoting a culture of compliance, carrying out compliance risk assessments activities, providing compliance staff training, performing compliance monitoring activities and associate compliance reporting responsibilities to Management;
- Help perform legal or compliance advisory to company partners on variety of compliance topic having regards to the requirements of laws, regulatory regulations and Munich Re internal rules and guidelines;
- Monitor developments in insurance supervisory law requirements, communications of such changes in law, accomplish associated gap analysis and assist management to embed relevant internal controls at the Company;
- Support the Compliance Officer in the compliance execution and monitoring activities of anti-money laundering and sanction compliance process at MRS to ensure adherence to all regulatory and Munich Re Group requirements;
- Perform regulatory liaison matters and handling request related enquiries and request for information;
- Implement a robust personal data compliance programmes at MRS for adherence to the Singapore Personal Data Protection Act 2012;
- Perform any additional responsibilities as assigned by the Compliance Officer.
Your Profile
- Bachelor’s Degree in Compliance, Law, Risk Management, Governance or related disciplines. Candidates having dual qualification of compliance and law will have an advantage.
- 8 years of relevant experience in a financial institute, preferably from an insurance/reinsurance industry.
- Strong organisational skills and an ability to work independently and proactively.
- Good communication and interpersonal skills to collaborate cross-functionally with a diverse group of partners.
- Superior attention to detail, accuracy and completeness.
- Have a pro-active attitude to work, display energy and enthusiasm in approaching the role and maintain high level of productivity.
Our Benefits
- Flexible and hybrid working arrangements
- Generous annual leave allowance
- Comprehensive dental, life and health insurance coverage
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the center of this interaction is each of us.
