Risk & Compliance Manager, PFA (1 Year Contract)

We are seeking a Risk & Compliance Manager to oversee regulatory compliance, assess risks, and design and implement risk and compliance programs.

The successful candidate will have a crucial role in ensuring that the company operates within legal boundaries, adheres to regulations, and maintains ethical standards.

Responsibilities:

• Develop and implement company policies, Group’s requirements, and regulations.
• Provide guidance and assistance to business units regarding relevant regulations specific to the insurance industry.
• Stay informed about insurance regulations, consultation papers, and new pronouncements.
• Identify risks that could impair the company's reputation, information security, or general operations and implement ways to mitigate or eliminate them entirely.
• Collaborate with business functions to document controls related to risk management, compliance with insurance laws and regulations, established compliance programs, internal controls, and operational processes.
• Work with relevant business units to address regulatory requirements and implement relevant measures to address identified risks.
• Clearly articulate compliance-related matters to representatives and/or business units.
• Assist in managing internal audit reviews/projects related to financial, operational, and sales advisory process aspects specific to risk and compliance.
• Assist in monitoring control systems to deal with violations of regulations and internal policies.
• Review existing processes relating to data privacy, regulatory, sales compliance and financial crimes requirements.
• Provide regular and/or ad-hoc reporting to relevant governance forums.
• Undertake ad-hoc tasks, projects or reviews as directed by Head of Risk and Compliance.

Requirements:

• Experience in regulated insurance financial institution and familiar with all applicable statutes, rules, and regulations relevant to the Financial Advisers industry.
• Excellent communicator, ability to translate regulatory requirements relevant to the business and representatives.
• Nimble and flexible to change, able to adapt to fast-paced and changing situations.
• Experience in Compliance and Risk processes.
• Organized and meticulous.
• Stakeholder management, enjoys working with people at all levels of seniority.

Working Experience:

• At least 6-8 years of working experience in risk and/or compliance roles.
• Exposure to the Financial Advisers sector, regulatory compliance, and risk management is highly valuable.

Education:

• Degree in any discipline.