Jobs

    Administrator (Compliance) - Singapore - India International Insurance Pte Ltd

    India International Insurance Pte Ltd
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    Full time
    Description

    Assist Head of Department â€' Compliance on the following:

    AML/CFT compliance

    • To monitor AML/CFT Compliance
    • To conduct the half yearly audit and liaise with HODs on regular basis to regularise the screening process
    • Conduct the New Joiners Training programme quarterly. To do a refresher training for all existing employees along with New Joiners. Conduct one training session for Agents
    • To file the Suspicious Transactions with SPF and report to MAS
    • Identify the sanctioned entities from the emails received from various regulatory authority and send to the respective departments
    • To read through the regulations/guidelines, analyse the existing policy, and liaise with other insurance company AML professionals to get the latest update and modify the policy accordingly
    • To identify the EDD cases and work with respective departments to ensure the compliance
    • To work with IT department and Lexis Nexis and identify the areas of improvement and solutions for existing issues

    PDPA, IRAS, GIA, Companies Act and MAS Compliance

    • To follow up with necessary departments, Company secretary and comply with all regulations
    • To make a check list of all data submissions (returns & surveys) and monitor them meticulously

    S&P Annual credit rating analysis: To collate and ensure delivery of whole data requirement to S&P on time for S&P Annual credit rating analysis. Prepare presentations to S&P team.

    • To work on the Enterprise Risk Management.
    • Any other jobs relating to regulatory requirements

    Requirement:

    • Degree/Diploma/Insurance qualification
    • At least 5 years of relevant experience.
    • Familiar with local market mechanism and practices
    • Good working knowledge of underwriting methodology
    • Demonstrated sound judgement and initiative in working within underwriting guidelines
    • Ability to develop and foster relationships within and outside the company and interact effectively with multiple stakeholders
    • Dynamic, organized and possess good written and oral communication skills
    • Ability to work independently and collaboratively, think critically, and problem-solve.
    • Singaporeans only


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