Vice President, Regulatory Compliance Insurance - HSBC Life
HSBC · Singapore · 11d ago
SeniorHybridRisk & Compliance
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
HSBC Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank.
Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.
Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.
We are currently seeking a high calibre professional to join our team as a Vice President, Regulatory Compliance Insurance.
In this role you will:
- Provide practical, proactive regulatory compliance advice to the insurance business, supporting the SVP Head of Regulatory Compliance.
- Ensure adherence to applicable local regulations, regulatory expectations, and internal policies/frameworks.
- Monitor, interpret, and advise on regulatory developments to help the business anticipate and respond to regulatory change.
- Embed compliance considerations into business decision-making, including incident management, review and challenge of new products and services to ensure potential compliance issues are properly addressed at the early stage.
- Identify, assess, mitigate, escalate, and report compliance risks and issues in a timely and well-governed manner.
- Work closely with stakeholders and Line Manager to address queries from the regulators, manage regulatory engagements as well as to support regulatory disseminations and ensure that implementation by business is fully understood and completed.
- Produce and support governance reporting, providing constructive challenge to business inputs and ensuring accurate, insightful submissions, contributing to an inclusive culture of understanding business operations and needs.
- Provide support for a strategic business project, delivering Legal Day 1 readiness and transition/TSA continuity by overseeing compliance change impacts, reporting status to the PMO, and escalating bottlenecks, risks, and issues.
To be successful you will need:
- Strong regulatory compliance experience in life insurance industry in Singapore. Candidates with audit background and strong understanding of regulatory compliance in financial institutions can also be considered.
- Compelling communication and influencing skills, with experience in dealing with different stakeholders across first and second line of defence, including able to articulate the case for risk management and policy in the language of business.
- Ability to develop practical solutions to complex issues and work independently, yet seek direction collaboratively when needed.
- Experience of interpreting complex information/ data and provide succinct summary for management.
- Experience of dealing with regulatory matters and confident interaction with Regulators.
- Demonstrable experience supporting complex change initiatives, including understanding dependency, action tracking and reporting.
You’ll achieve more when you join HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by HSBC Life (Singapore) Pte. Ltd.