Senior Compliance Specialist - AIA International Limited.

FIND YOUR BETTER AT AIA

We dont simply believe in being The Best. We believe in better - because theres 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, wed love to hear from you.

About the Role

Support the Head of Sales and Product Compliance to ensure that AIAHK & Macau operates in accordance with the AIA Group policies and guidelines and local regulatory requirements in the following SME areas and towards this end, driving and overseeing implementation of compliance framework in these areas: 1. Assist in the maintenance, development and oversight of the Sales and Product Compliance Framework 2. Review of Product and Marketing materials 3. Review and advise on communications with regulators 4. Oversee the implementation of sales and product compliance-related Group standards and regulatory requirements 5. Manage and support with sales and product compliance related reporting and reviews

Roles and Responsibilities:

1. Assist in the maintenance, development and oversight of the Sales and Product Compliance Framework (40%)

• Develop controls and monitoring framework to identify, oversee, and mitigate sales and product compliance risk, including supervision and oversight of all distribution channels
• Engage key stakeholders for the execution of the sales and product compliance framework
• Review the effectiveness of the sales and product compliance framework for the management and mitigation of compliance risk, and enhancing the framework where required
• Design, maintain, and implement the sales and product compliance program

• Review and advise on product and marketing materials
• Assist in developing and enhancing review standards and requirements to improve consistency and quality for all relevant reviews
• Review and advise on sales and product marketing materials across all types of products, services and distribution channels.
• Identify systemic issues on product and marketing materials and initiate necessary actions to enhance the quality, while taking proactive steps to embed the knowledge in the first line of defence
• Execute compliance reviews

• Review written correspondence from or to regulators including complaints referred by regulators in respect of sales and product compliance risk areas
• Ensure the in-scope regulatory correspondence are handled in accordance with relevant internal protocol sand escalate to management team for any key enquiry or communication with regulators

• Design and execute an oversight program for the implementation and compliance with sales and product compliance related Group standards and regulatory requirements
• Provide compliance advice to the first line and conduct assurance program to ensure relevant Group standards and regulatory requirements are complied with

• Manage and support with compliance reporting and review on Sales & Product Compliance areas
• Ad hoc tasks assigned by Head of Sales and Product Compliance, e.g., risk assessment paper review, projects, back-up for other team members

• Bachelors degree in Accounting, Finance, Law or Business with a minimum of 15 years solid working experience in the financial services industry focused on compliance, legal and/or internal controls
• Professional qualification in Compliance, Legal, Internal Audit or related disciplines is preferred
• Regulatory compliance experience in insurance or banking industry is preferred
• Experience with regulators is an advantage
• In-depth understanding of insurance business is preferred
• Good interpersonal and communication skills and self-motivated
• Excellent written and spoken communication skills in English and Chinese
• Independent and be able to work under pressure
• Be organized, detail-oriented and with good problem solving skills
• High level of integrity and take ownership and accountability of results

• You are required to obtain relevant licence if your job involves in regulated activities

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.

Information :

• Company : AIA
• Position : Senior Compliance Specialist - AIA International Limited.
• Location : Hong Kong
• Country : HK