You will be part of a team to drive and implement the Compliance Risk Management Framework and compliance requirements for all GE entities within the Group, by effectively supporting the business units in their duty to comply with relevant laws and regulations.
Provide compliance advisory on regulatory requirements to business units; and be involved in new initiatives/projects to understand business units’ concerns/needs and provide accurate and practical compliance advice to address regulatory, industry and Group requirements;
Provide oversight and support to the local entities on general compliance matters/Group initiatives, including localisation of Group policies, standards and guidelines where required;
Liaise and provide support to parent company in their oversight of GE entities;
Roll out annual Compliance Requirement Self Assessments (“CRSAs”) for the applicable laws and regulations to the respective business units and work with the business units to address any identified gaps in a timely manner;
Review of products/marketing materials to ensure compliance with regulatory/industry requirements and company’s policies. This would include product marketing materials, product information packs, proposal forms, policy contracts and other relevant product materials;
Conduct risk-based compliance assurance reviews on business processes to identify gaps, escalate issues/risks promptly and work with business units to implement timely remedial actions;
Roll out effective compliance e-learning and/or workshops for employees/representatives;
Coordinate the Group Self-Attestation Certification process, engage and work with local entities for the annual sign-off exercise;
Assist with the accurate and timely preparation of meeting materials, management reports, presentation materials etc. where required; and
Carry out ad-hoc tasks/projects as requested by the immediate Supervisor and/or Head of Group Regulatory Compliance.
Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
Highlights any potential concerns /risks and proactively shares best risk management practices.