Assistant Vice President, Distribution Compliance Insurance - HSBC Life - #1175276

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank.

Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as an Assistant Vice President, Distribution Compliance, Insurance.

In this role you will

• Assist in the identification of Distribution Compliance risk change and potential impacts on business model.
• Assist in program implementation to quantify impacts and implement actions to address, manage and mitigate impacts of regulatory changes..
• Provide compliance advisory in respect of all market conduct matters specified to the tied agency, and review Risk Control Assessment in accordance with internal framework. Support in the assessment of new initiatives and drive conduct agenda in consultation with the business.
• Monitor and track regulatory dissemination and implementation of such regulations across all relevant risk taxonomies and assist in the preparation of relevant papers for different management committees.
• Liaise with relevant stakeholders in Singapore, Global Business and Functional teams to provide support on Distribution Compliance related matters, under the guidance of the team lead.
• Ensure the appropriate relevant risk information are collated timely and documented
• Proactive engagement with Business and support on Distribution Compliance matters and advisory

To be successful you will need

• This is an individual contributor role and experienced compliance practitioner in the insurance industry are preferred.
• Knowledge and understanding of regulatory requirements/expectations under the FAA, SFA, Fair Dealing guidelines and the associated notices issued, including those issued by LIA regarding life and health insurance businesses on the market conduct requirements, will be crucial in this role.
• Discipline to work with minimum hand holding and ability to deal with stakeholders in business, including senior leaders, confidently and professionally.
• Self-driven with a strong eye on details, perseverance in meeting goals set, analytical mind, strong communication and interpersonal skills, are attributes required for the success of this role.
• Experienced candidates from the Audit industry are welcome to apply.

You’ll achieve more when you join HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by HSBC Life (Singapore) Pte. Ltd.

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