Compliance, Consultant

FIND YOUR BETTER AT AIA

If you believe in better, we'd love to hear from you.

About the Role

This role is responsible for overseeing regulatory compliance by ensuring adherence to applicable laws and internal policies, while acting as a key point of contact for managing communications and engagements with regulators.

Roles & Responsibilities:

1. Implementation of compliance program

. Support in the effective implementation of the Company's Compliance Program. Among others regulatory, AMLCFT, investment, product and sales compliance, whilst ensuring its alignment with business objectives, local regulatory expectation and AIA Group Operating Principles and Group Compliance's strategic direction.

. Support in the implementation of an effective compliance assurance review and risk assessment for the Company engaging relevant stakeholders which includes but not limited to:

• 1) working with relevant business functions to ensure relevant regulatory requirements are identified and managed appropriately
• 2) working with relevant functions to build up and/or implement a compliance risk control framework and provide quality and solutions-focused advice on risk and control issues relevant to the business functions for informed decision-making on compliance and ethics matters.

. Represent AIAGB Compliance in AIA Malaysia and AIA Group Compliance initiatives through active participation and liaison work.

Support in the development of relevant compliance policies and procedures necessary to support the objectives and values of the Company and for the implementation of corporate policies and procedures to manage corporate-level regulatory risks.

2. Reporting and monitoring

. Perform robust compliance reviews on business functions/operations and provide solid support to the monitoring program and assurance on the implementation of remedial actions on any non-compliance issues.
. Responsible for the effective communication of compliance matters including timely and accurate reporting and/or escalation of Compliance Risk issues and activities in accordance with relevant reporting and escalation protocols, including regular reporting to AIAGB management Committee or equivalent) and other relevant Management and/or Board Committees as per guided by Supervisor/ Head of Department.
. Support in the development 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.

3. Implementation of culture of compliance and ethics programs

. Support in the development and implementation of an effective education program through ongoing communication and training to embed compliance culture and ethics within the Company.

4. Others

. Perform other responsibilities and duties periodically assigned by the supervisor in order to meet operational and/or other requirements.

Minimum Job Requirements:

• Bachelor's degree in Accounting, Finance, Law or Business with approx. 7 years solid work experience in the general insurance/ financial industry handling compliance and/or controls
• In-depth understanding of the Insurance/Takaful business preferred and, in lieu of insurance, financial services.
• Good interpersonal and communication skills and self-motivated.
• Good written and spoken communication skills in English and local language.
• Independent and be able to work under pressure
• Be organized, detail-oriented and analytical
• Possess influencing skills, business acumen and problem solving skills
• High level of integrity and take ownership and accountability of results