Description

Role: Regulatory Compliance Interface & Reporting (Insurer)

The successful candidate will have the opportunity to work closely with various Business Units (BUs) and key stakeholders, including the Head of Compliance, Chief Legal & Compliance Officer, and Senior Management, on a broad range of compliance matters.

We are looking for someone who can engage regulators confidently and provide well-reasoned, professional responses. The candidate should also be comfortable reviewing regulatory requests independently and assessing their implications for the organization.

Key Responsibilities

Regulatory Coordination

• • Act as the primary regulatory coordinator, managing the organization's regulatory risk profile and relationships.
  • Oversee and ensure timely and consistent handling of all communications, inspections, and interactions with the regulator.
  • Review and validate responses from Business Units to regulatory queries, ensuring accuracy, completeness, and compliance.
  • Coordinate meetings and discussions with BUs and stakeholders regarding regulatory matters.
  • Support preparations for meetings with the regulator, monitor supervisory expectations, and track commitments to ensure timely fulfilment.
  • Build strong, professional relationships with regulators and internal stakeholders.

Compliance Monitoring

• • Monitor regulatory developments and assess their potential impact on the organization.
  • Disseminate updates on new or revised regulations to relevant stakeholders, providing clear and concise summaries.
  • Track and report on regulatory commitments and supervisory expectations to ensure timely compliance.

Reporting and Training

• • Prepare reports for Senior Management and the Board on regulatory and compliance matters.
  • Assist in conducting compliance training for staff and representatives on regulatory requirements as needed.

Other Responsibilities

• • Stay informed on regulatory developments and industry best practices to provide timely guidance and advice.
  • Provide clear guidance and coaching to Business Units on regulatory requirements to ensure consistent and efficient compliance outcomes.
  • Undertake tasks or projects assigned by the Section Head or Head of Compliance.

Qualifications

• • Bachelor's degree or higher in law, finance, accounting, or a related discipline.
  • Relevant professional qualifications or certifications are an advantage.
  • 5-8 years of experience in compliance-related roles within the insurance or financial services sector, or within regulatory agencies.
  • Prior experience in regulatory engagement, either from a financial institution or a regulator, is a plus.
  • Proficiency in MS Office applications.

23C1935

R1105492