Risk Management & Compliance (General Commercial Insurer / $7K + AWS) [ID 709600]

Responsibilities

• Assist in managing risk management policies and ensure their effective execution.
• Participate in regular reviews of compliance procedures, recommending and implementing modifications to mitigate business risks.
• Ensure adherence to regulatory updates and support their implementation within the branch.
• Contribute to fostering a robust risk culture within operations.
• Engage in ad-hoc projects and reviews as required.
• Review and coordinate legal documentation, including non-disclosure agreements, litigation correspondence, regulatory submissions, and contractual documents.
• Monitor legal matters under the guidance of management and external counsel, without providing independent legal advice.
• Maintain registers for legal matters, tracking key deadlines, court dates, and regulatory timelines.
• Collaborate with external legal counsel and internal stakeholders to ensure timely communication and provision of necessary documentation related to legal and governance issues.

Requirements

• Diploma or Degree in Law, Paralegal Studies, Risk Management, Compliance, Business, Insurance, or a related discipline.
• Minimum of 3 years of relevant experience in risk management or compliance within financial institutions.
• Familiarity with the Singapore Insurance Act and MAS Insurance regulations.
• Experience dealing with internal and external auditors.
• Legal or paralegal experience with an understanding of legal protocols and documentation is advantageous.
• Ability to work under pressure and deliver results within tight timelines.
• Strong communication skills characterized by calmness, fact-based reasoning, and professionalism.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

EA License No.: 01C4394 (Persol Singapore PTE LTD)

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