Associate Director, Compliance

Location: Kuala Lumpur
Contract Type: Permanent
Specialisation: Banking & Financial Services
Salary: Up to RM240000.00 per annum
REF: BBBH246164_1610774886

Our Client

A leading insurance firm is seeking an Associate Director, Compliance to manage the department and partner closely with business to ensure all regulatory and market conduct risk is efficiently and effectively assessed, mitigated and controlled, providing guidance to the executive committee on matters relating to compliance.

About the Role

  • Responsible for the overall design, implementation and ongoing enhancement of the Compliance programme that is focused on regulatory, investments, product and sales (market conduct) compliance, whilst ensuring its alignment with business objectives
  • Oversee the implementation of an effective compliance risk assessment programme and engage with key business stakeholders across the executive committee, risk, internal audit, finance, legal etc
  • Responsible for the development of relevant compliance policies and procedures necessary to support the objectives and values of the organisation and for the implementation of corporate policies and procedures to manage corporate-level regulatory risks
  • Develop and implement an effective education programme through ongoing communication and training to embed a culture of compliance and ethics within the organisation
  • Responsible for the effective communication of compliance matters including timely and accurate reporting and/or escalation of such matters in accordance with relevant reporting and escalation protocols
  • Oversee compliance reviews performed on business units, departments and branches/sales offices and provide solid support to the monitoring program and assurance on the implementation of remedial actions on any non-compliance issues
  • Develop or oversee development of structural approach and procedures to effectively deal with suspected instances of compliance policy violations by employees and/or fraud and misappropriations by intermediaries

Requirements

  • Bachelor's degree in Banking, Finance, Law with 10 years' solid experience handling compliance or other governance functions
  • In depth understanding about Insurance/Takaful or other financial services products
  • Possess strong business acumen with effective leadership and influencing skills

How to Apply

Contact Jaecent.Lei@ambition.com.my or apply now quoting reference number AGP 246164. For similar roles, please visit www.ambition.com.my.

Data provided is for recruitment purposes only. *LI-IT

Business Registration Number: 1048918-T. License Number: JTK 2710