Compliance Officer (Insurance)

Recruit Avenue Pte. Ltd.
$4,000 - $5,500 a month
Singapore
Full time
1 day ago

Our client is a leading HNW insurance brokerage firm specializing in bespoke insurance solutions for affluent individuals, families, and businesses.


Key Responsibilities

  • Conduct screening and due diligence on prospects and referral partners prior to onboarding
  • Perform ongoing monitoring of existing clients to ensure compliance standards are met
  • Support the implementation, review, and enhancement of the Compliance framework
  • Carry out post-transaction reviews to ensure adherence to regulatory requirements, balanced scorecard standards, and internal policies
  • Track and maintain records of licensed representatives’ CPD training hours
  • Prepare compliance reports for management review and regulatory submissions
  • Assess outsourced service providers and manage the Outsourcing Register
  • Provide guidance and handle compliance-related queries from staff

Requirements

  • Bachelor’s degree, preferably in Business or related disciplines
  • At least 3 years of compliance experience within the financial services or insurance industry
  • Strong analytical, problem-solving, and organizational skills with attention to detail
  • Ability to work independently, with a proactive and self-motivated mindset
  • Excellent communication and interpersonal skills
  • Ability to read and understand Chinese articles
  • Knowledge of the Financial Advisers Act (FAA), Insurance Act, MAS Notices/Guidelines, or the Balanced Scorecard (BSC) framework will be an advantage

Lily Yang, Recruit Avenue Pte. Ltd.

EA License Number: 23C1935 | EA Personnel Number: R1551292

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