Regional Compliance Manager

Lockton Federal Territory of Kuala Lumpur, Malaysia

Regional Compliance Manager Lockton Federal Territory of Kuala Lumpur, Malaysia

To facilitate and monitor activities and operation of entities in Asia region, ensuring that the entities conduct business in compliance with local and international legislation and regulations that relate to the entities’ operation, as well as professional standards and internal requirements from the Lockton Group to deliver good organisational outcomes.

Responsibilities

Collaborate with business teams with respect to development and improvement of process workflows

Monitor licence / registration application & renewal, regular regulatory submissions / reports / returns to regulators / government authorities, manage relationship with regulators

Understand regulations (include E&O issues) that affect the business and communicate regulatory requirements to management and associates

Devise and / or implement policies and procedures required by external requirements and Group, including conduct of compliance trainings

Monitor changes to laws and regulations, communicate changes and its impact to the team, management and associates (including training), devise new or update existing policies and procedures to cope with the changes

Compliance reviews / health checks on business operations to identify gaps that need to be addressed

Controls and assurance activities (File Review, AML, Sanctions controls, client on-boarding, Market Security, financial crimes prevention etc)

Contribute to risk management assessments and controls across Lockton Asia entities

Provide management information to local and group management, keeping them aware of the state of various controls of the company, matching the state of control with the company’s risk appetite

Maintain the business continuity plan in accordance with the Lockton Group requirements

Qualifications and Experience

• Bachelor’s degree or above in business management or related field;

Experience in insurance is desirable but not essential.

Critical thinking and strong attention to details

Ability to communicate effectively and professionally both verbally and in writing with management and associates

Commitment to continued learning, remaining well-informed regarding external and internal standards and business goals. Ability to keep up with changes that are relevant to operation of the business.

Ability to manage time, prioritize and ensure that deadlines are met without compromising quality

Position details

Seniority level : Mid-Senior level

Employment type : Full-time

Job function : Consulting

Industries : Insurance, Insurance Agencies and Brokerages, and Insurance and Employee Benefit Funds

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