Assistant Manager Compliance - Insurance

Get to Know the Team:

We are looking for a Compliance Officer to join our Grab Direct General Insurer team based in Singapore. Our team focuses on ensuring that we uphold the highest standards of compliance aligning with regulatory requirements and fostering a culture of integrity within our organization.

Get to Know the Role:

As a Compliance Officer you will play a central role in maintaining our compliance framework. Youll be responsible for developing and implementing policies that adhere to regulations and industry standards while staying updated on any changes that may affect our business.

You will report to the Associate General Counsel GrabFin.

This role will be onsite at Grab Office.

The Critical Tasks You will Perform:

• You will develop implement and maintain compliance policies and procedures that align with regulatory requirements and best industry practices.
• You will monitor and assess the companys adherence to relevant laws and regulations including the Insurance Act AntiMoney Laundering (AML) regulations and data protection laws.
• You will conduct regular compliance audits and risk assessments to identify potential compliance issues and recommend corrective measures.
• You will provide training and guidance to employees on compliance matters to ensure awareness and understanding of responsibilities.
• You will liaise with regulatory authorities and respond promptly to inquiries ensuring timely submission of reports and required documentation.
• You will investigate compliance breaches and recommend appropriate disciplinary actions or remedial measures.
• You will stay updated on regulatory changes and industry trends advising management on potential impacts.
• You will collaborate with departments such as risk management and internal audit to maintain a cohesive approach to compliance.
• You will prepare and present compliance reports to senior management and the board of directors.

Qualifications :

What Essential Skills You will Need:

• At least 4 years experience in the same role with a strong understanding of Singapores regulatory framework for insurance and financial services.
• Proven ability to develop and implement compliance policies and procedures.
• Experience conducting compliance audits and risk assessments.
• Capability to provide training and guidance on compliance matters.
• Effective communication skills to liaise with regulatory authorities and handle inquiries.
• Analytical problemsolving skills to investigate compliance issues and recommend solutions.
• Ability to stay informed about regulatory changes and industry trends.
• Collaboration skills to work with various departments for holistic compliance management.
• Competence in preparing and presenting detailed compliance reports to senior management.

Additional Information :

Life at Grab

We care about your wellbeing at Grab here are some of the global benefits we offer:

• We have your back with Term Life Insurance and comprehensive Medical Insurance.
• With GrabFlex create a benefits package that suits your needs and aspirations.
• Celebrate moments that matter in life with loved ones through Parental and Birthday leave and give back to your communities through LoveallServeall (LASA) volunteering leave
• We have a confidential Grabber Assistance Programme to guide and uplift you and your loved ones through lifes challenges.

What we stand for at Grab

We are committed to building an inclusive and equitable workplace that enables diverse Grabbers to grow and perform at their best. As an equal opportunity employer we consider all candidates fairly and equally regardless of nationality ethnicity religion age gender identity sexual orientation family commitments physical and mental impairments or disabilities and other attributes that make them unique.

Remote Work :

No

Employment Type :

Fulltime