This is an opportunity to be part of a dynamic team to drive and implement the risk management and compliance requirements for the Regional Agency/ FA & Bancassurance division and the representatives, by effectively supporting the business units and representatives in their duty to comply with relevant laws and regulations.

The Job

·       Assist in serving as the point of contact between the department and Group Risk Management Team on Risk and Compliance, Business Continuity Management and Technology Risk matters

·       Help prepare reports and updates on all reportable operational incidents and compliance events to Group Risk Management Team in a timely manner and escalated to the appropriate forums

·       Assist in the review of risks assessments required for the department/division e.g. Compliance Risk, Risk and Control and Fraud Risk Assessment, Third Party Risk Management

·       Support the coordination and resolution of any MAS / Internal Audit observations and action plans that are tagged to the department/division

·       Assist in ensuring that the compliance matrix review and risk and compliance reports are completed in a timely manner

·       Assist in ensuring timely reviews of cases triggered by Company approved monitoring system, and information via other sources reported to the department.

·       Manage data incidents and conduct preliminary investigations as required.

·       Assist with the yearly review of Data Loss Protection training guides and updates for Annual Declaration Exercise

·       Help communicate and reinforce the awareness of Market Conduct policies and guidelines.

·       Perform other work as required to meet business needs

We are looking for people who

Our Requirements

·       Degree holder in Banking & Finance or Risk Management preferred

·       3-5 years of experience in the Insurance Industry would be an added advantage.

·       Proficient in MS Office (Word, Excel and PowerPoint)

·       Meticulous, systematic, able to work well independently and as a team

·       Self-starter and proactive

·       Committed and able to interact well with all levels of staff

How you succeed

Champion and embody our Core Values in everyday tasks and interactions. Demonstrate high level of integrity and accountability. Take initiative to drive improvements and embrace change. Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively. Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.

Who we are

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.