Manager, Regulatory Compliance

About The RoleThis role serves as one of Income's MAS Liaison Officers, acting as a key point of contact for regulatory engagements with the Authority. The incumbent will handle communications and interactions with regulators and assess new and revised regulatory requirements.

RequirementsRegulatory LiaisonAct as the regulatory liaison for the Monetary Authority of Singapore (MAS), managing the local regulatory risk profile and relationship with the MAS.Ensure the timely handling and consistency of all communications, interactions, inspections, and related matters with MAS.Review and validate responses from Business Units (BUs) to MAS queries, ensuring accuracy and completeness.Coordinate meetings and discussions with BUs and stakeholders on MAS-related matters.Support and manage preparations for MAS meetings, monitor supervisory expectations, and track commitments to ensure timely fulfilment.Build strong relationships with regulators and internal stakeholders.

Compliance MonitoringMonitor regulatory developments and evaluate their potential impact on the organisation.Ensure timely dissemination and provide concise summaries of new or revised regulations to relevant stakeholders.Track and report on regulatory commitments and supervisory expectations to ensure compliance and timely fulfilment.

Reporting and TrainingManage the preparation of various reports to Senior Management and the Board on various compliance matters.Assist in conducting compliance training for staff and representatives on regulatory compliance matters where necessary.

QualificationsAt least a Bachelor's degree or above in a relevant discipline (e.g. law, finance, accounting etc.)Any relevant professional qualifications or certifications are an added advantage.At least 5-8 years of experience in compliance-related work within the insurance or financial services industry, or in regulatory agencies.Prior experience in regulatory liaison work, either from an insurer or a regulator, will be considered an added advantage.Must be proficient in MS Office and its applications.