VP, Head of Compliance, Asia Pacific
Reinsurance Group of America, Incorporated
full-time
Posted on:
Location Type: Hybrid
Location: Singapore • 🇸🇬 Singapore
Visit company websiteJob Level
Lead
Tech Stack
Cyber Security
About the role
- Interpret and provide insight on regulatory regimes applicable to RGA and other services providers in the life insurance and reinsurance industry
- Development and implementation of compliance related matters in accordance with GEC procedures and schedule within the effective timeframes.
- Develop, communicate, and execute the Annual GEC Assurance Plan within the region
- Point person with regard to personal information protection and regulations, within Compliance to coordinate across jurisdictions as it relates to cyber security and government reporting
- Monitor, modify, and report to senior management on processes, enhancements, prioritization, and progress of the Assurance Plan.
- Approve second-line assurance assessment documents and procedures, including annual assessment plans, activity inventory, program documentation, reports, and management action plans.
- Support assurance workforce members in collaborative meetings by scheduling, attending, and/or intervening when necessary
- Evaluate controls, policies, and processes for scalability, effectiveness, and efficiency.
- Collaborate across the matrix to assess enterprise impact, ownership, and management action plans of completed assessments while identifying emerging risks or trends
- Ensure assessment scope, observations, recommendations, and findings are appropriate, clearly communicated, and escalated when required
- Develop professional relationships and reoccurring communication channels with Internal Audit, Enterprise Risk Management, Global Legal Services, the region COO and Global Risk Services leadership on risk-related topics
- Review enforcement actions, regulatory bulletins, association newsletters, and supervisory announcements to identify and investigate new or emerging regulatory requirements.
- Communicate such risks to internal stakeholders and SME’s.
- Perform surveillance over and analyze key operational and risk reports to identify systemic red flags that require additional investigation and/or escalation.
- Collaborate cross-functionally across the Enterprise to support the implementation of policies, systems, and programs that drive organizational compliance with relevant laws, regulations, and standards
- Provide up-to-date and accurate Compliance advice on corporate matters related to reinsurance transactions and other commercial activities.
- Conduct due diligence on potential investments, assessing Compliance risks, and proposing mitigating strategies.
- Collaborate with internal legal teams and external legal counsel to ensure seamless execution of transactions
- Stay abreast of relevant laws, regulations, and industry trends to ensure compliance across the the region markets
Requirements
- Bachelor’s Degree in Arts/Sciences (BA/BS) Law and qualified as Solicitor
- 10+ years experience in enterprise risk management or related risk fields with people management responsibilities
- Experience of working on corporate matters for Life Insurance, Reinsurance, Private Equity and M&A transactions
- Experience of complex transactions, ideally where such transactions include Reinsurance and Life Insurance or other related financial transactions including M&A demonstrating a broader understanding of the issues related to long-term ownership of assets
- A strong commercial mindset, able to understand the impact of legal positions as it relates it Compliance risks and Compliance governance
- Expert understanding of applicable laws, regulations, and requirements impacting financial institutions, in particular Life Insurance and Reinsurance within Asia
- Mastery of compliance risk management concepts, frameworks, methods, and good governance practice
- Expert ability to adapt to a rapidly changing work environment, demonstrating the capacity to manage themselves and their team while focusing on multiple tasks and deadlines simultaneously
- Business Partner oriented with strong leadership, organizational, and interpersonal skills
- Expert level analytical, critical thinking and decision-making skills with superb written and verbal communication skills in English. Asian language skills highly beneficial
- Excellent collaborative skills demonstrated through ownership of issues seen through to resolution, providing sound guidance to others, and positively influencing the RGA culture
- Mastered ability to prioritize projects and work independently
- Superb attention to detail
- Dynamic ability to make independent, timely, and effective decisions
- Established project management skills demonstrating the ability to evaluate project objectives and scope feasibility, gain understanding, schedule resources, and manage budget to plan
- Expert ability with Microsoft Office
- Acute ability to quickly learn and understand the business of RGA
Benefits
- Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
- Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
- Join the bright and creative minds of RGA, and experience vast, endless career potential.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
enterprise risk managementcompliance risk managementregulatory compliancedue diligencetransaction assessmentfinancial transactionsM&A transactionscompliance governanceanalytical skillscritical thinking
Soft skills
leadershiporganizational skillsinterpersonal skillscommunication skillscollaborative skillsdecision-making skillsattention to detailproject managementadaptabilityindependence
Certifications
Bachelor’s Degree in Arts/Sciences (BA/BS) Lawqualified as Solicitor