Job Description

Head of CompliancePolicyPal Tech Pte. Ltd. is one of the leading InsurTech companies in Singapore that believes in bringing tech and insurance together for families and communities to manage their insurance needs.PolicyPalFA (Baoxianbaobao Pte Ltd) is a direct insurance broker and exempt financial adviser regulated and supervised by the Monetary Authority of Singapore. PolicyPalFA is part of the PolicyPal Group which is part of the AMTD Group (www.amtdgroup.com) of Hong Kong.Responsibilities: Compliance and AML

• Advise the company on appropriate compliance-related processes/forms as part of the overall design of the company's processes so that they comply to the requirements of the Insurance Act, Financial Advisers Act and other relevant rules.
• Keep abreast of related regulatory developments and assess impact on the company and advise accordingly
• Review and approve marketing collaterals prepared by the company before publication/use
• Assist with compliance and regulatory issues to support business
• Review 'fact find' documentation and related activities
• Perform onboarding and ongoing AML monitoring on customer s-transaction surveillance reviews on suspicious transactions/ referral cases
• Prepare and conduct training on relevant rules
• Draft and update compliance-related policies, guidelines and procedures.
• Front the firm's relationship with the regulator and relevant government agencies. Assist with and follow up with MAS on routine enquiries, external &/ internal audit related matters
• Assist in preparation and coordination of compliance and management reporting
• Assist in facilitating regulatory inspections, external and internal audits, and ensuring proper escalation and resolution of issues identified
• Act as the company's Data Protection Officer

Requirements:

• Minimum Diploma in any relevant field
• At least 5 years of working knowledge and experience in Compliance and AML/CFT in the insurance industry (Insurance Act and Financial Advisers Act)
• Working knowledge of the Personal Data Protection Act will be an advantage
• Experience with dealing directly with regulators, auditors and law enforcement agencies.
• Team player and able to work under pressure to meet deadlines
• Good communication (spoken and written) skills

Job Types: Full-time, PermanentSalary: $8,000.00 - $10,000.00 per monthBenefits:

• Dental insurance
• Health insurance

Schedule:

• Monday to Friday