Head of Compliance, Hong Kong

Primary Details
Time Type: Full time


Worker Type: Employee



Primary Responsibilities

• Ensure appropriate and relevant advice is provided to Senior Leadership on the management of regulatory changes within the Industry
• Ensure corporate compliance with requisites prescribed by the laws, the Insurance Authority, Company Registry, Inland Revenue, and other relevant regulatory entities including QBE Head Office and Regional Office
• Advise on areas of sanctions, anti-corruption, AML/CTF, Insurance Authority's Guidelines, distribution compliance and corporate compliance matters for QBE in Hong Kong
• Provide constructive input into the business planning process
• Maintain and enhance the compliance management framework and strategy
• Review changes to compliance legislation, regulations and guidelines to ensure that the compliance management strategy (CMS) is and remains compliant with the requirements of all relevant regulators
• Coordinate the development of the compliance management policy and standards and ensure that regulatory requirements throughout the organization are monitored and reported through the appropriate channels
• Identify, consult and work collaboratively with key customers/customer groups to ensure informed decision making
• Educate and raise awareness across the business on enterprise regulatory & compliance
• Communicate major initiatives, issues and actions with key stakeholders on a timely and routine basis
• Register and give briefing to the management on insurance related regulatory developments such as new guidance notes from the IA, new laws
• Ensure all Regulatory and Internal QBE Compliance requirements are fully met and maintained
• Responsible for the control of all aspects of Compliance function of the Company and advise management on compliance issues
• Responsible for preparing and maintaining official corporate notices, records and actions in accordance with government and regulatory requirements
• Review the current status of the company's compliance programs and identifies appropriate actions to improve them
• Ensure all compliance related information and publications are distributed to the relevant staff or departments
• Analysis the potential impact of regulatory trends and developments
• Fulfill statutory compliance and corporate governance functions in general
• Liaise between management and various departments such as auditing, corporate security, legal counsel on compliance matters
• Manages subordinates and facilitate the team achievement of KPIs and prepare and implement Performance Management Process with team to ensure expectations are understood and meet
• Assist in staff training in C&RM disciplines

Qualifications :

• Degree holder in Accounting/ Business Administration/Law, relevant business Degree
• Working experience in corporate compliance management or audit and control assurance or strategic business planning in insurance industry/financial institutions
• Strong records of implementation of sound compliance, corporate governance and ERM framework in insurance companies
• Strong communication skills and experience in working with regulators and stakeholders
• Relevant experience in company secretary roles including board reporting in international insurance companies and in leading or support large projects
• Relevant experience in working closely with regional office/head office under matrix reporting
• Professional qualification relevant to insurance industry like CPA, FLMI, ACII, CIA, Law, etc.
• Sound knowledge of Hong Kong Ordinances relating to insurance entities, insurance related regulatory framework, insurance statutory returns, insurance complaint handling and corporate governance disciplines, guidance notes and other relevant codes
• Proficiency in the applications of corporate compliance management
• Advanced knowledge of the General Insurance industry and current market environment at a domestic and international level
• Advanced knowledge of all insurance products including domestic competitor activity and international trends, distributional strategy include brokers, agents and Bancassurance
• Ability to lead and manage through a team of senior professionals and a large business unit
• Strong analytical skills, sound judgment and decision-making abilities
• Excellent report writing and organizing skills with attention to details and able to meet tight deadlines
• Excellent command in both written and spoken English and Chinese
• Proficiency in computer skill, including MS Word, Excel and PowerPoint

How to Apply:


To submit your application, click "Apply" and follow the step by step process.


Equal Employment Opportunity:


QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.