Principal, Regulatory Compliance & Risk Culture

Regulatory Compliance

• Provide ongoing compliance advisory and support to business functions on various business initiatives, in order to ensure that the business is compliant with existing and new regulations.
• Conduct gap assessments on new regulatory developments, liaise with the various business functions to ensure new regulatory requirements are properly implemented, identified gaps are closely monitored to ensure adherence to regulatory requirements.
• Ensure regulatory compliance registers are kept up to date and timely certified by Senior Management, regulatory obligations are effectively embedded into business, monitor and ensure proper remediation of any lapses noted.
• Oversee investment compliance related monitoring activities and FATCA compliance quality assurance and testing

Regulatory Liaison

• Liaise with key regulators and industry associations to ensure that their requests and queries are promptly addressed. Facilitate engagement sessions with key regulators to ensure AIAS’ relationship with key regulators are well managed.
• Review and provide adequate challenge to the business functions on   responses to regulators to ensure the Company’s responses are accurate, consistent and of good quality.
• Assist in reporting requirements to regulators, Group, Board of Directors, senior management, and other stakeholders as required.

Other responsibilities

• Provide necessary mentoring and coaching to enable staff to learn from the job and perform with minimal guidance.   

Minimum Job Requirements:

Education

• Bachelor Degree (or degree equivalent) with emphasis on accountancy, business/ business administration/ business management/business studies, insurance or law.

Experience

• At least 15 years’ relevant experience, preferably in the financial services industry, focusing on regulatory compliance and external liaison with regulators.

Certifications/licenses

• LOMA, CMFAS papers will be an added advantage.

Skills

• Team player
• Liaison, relationship building and communication skills e.g. mediation.
• Building trust and credibility with Key Regulators by responding in an accurate, timely and concise manner.
• Project management
• Presentation skills