Regulatory Compliance & Risk Culture,… at AIA Group · Singapore

Regulatory Compliance & Risk Culture, Consultant Location: Singapore, SG-AIA Singapore FIND YOUR 'BETTER' AT AIA We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us. We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives. If you believe in better, we’d love to hear from you. About the Role Reporting to Senior Manager, Regulatory Compliance & Risk Culture, this position is responsible to help the Company in managing and mitigating regulatory risk which include risk arising from data privacy and fraud. Collaborate with business functions to foster a positive risk culture through effective risk and compliance awareness, engagement, advisory and preventive programs. Regulatory Advisory Provide ongoing compliance advisory and support to business functions on various business initiatives, to ensure that the business is compliant with relevant regulations including the Personal Data Protection Act (PDPA). Conduct gap assessments on new regulatory developments, liaise with the various business functions to ensure new regulatory requirements are properly implemented, identified gaps are closely monitored to ensure adherence to regulatory requirements. Ensure regulatory obligations are effectively embedded into business. Monitor and ensure proper remediation of any lapses noted. Develop and deliver data privacy training and awareness communications, to promote understanding of regulatory obligations and risk management expectations. Regulatory Liaison Liaise with key regulators and industry associations to ensure that their requests and queries are promptly addressed. Facilitate engagement sessions with key regulators to ensure AIAS’ relationship with key regulators are well managed. Review and provide adequate challenge to the business functions on   responses to regulators to ensure the Company’s responses are accurate, consistent and of good quality. Other responsibilities Assist in reporting requirements to regulators, Group, Board of Directors, senior management, and other stakeholders as required. Any other ad hoc tasks & projects as assigned by Team Lead/Head/ExCO Minimum Job Requirements: Education Bachelor’s degree (or degree equivalent). Experience At least 5 years’ relevant experience, preferably in the financial sector, with knowledge of internal controls and managing regulatory risk Certifications/licenses Professional accreditations on data privacy will be an added advantage. Skills Team player Liaison, relationship building and communication skills e.g. mediation. Building trust and credibility with Key Regulators by responding in an accurate, timely and concise manner Digital Analytics skills Believe in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way! #LI-SF1 Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives. You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.