AVP - Regulatory Compliance and AML/ABC

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AVP – Regulatory Compliance and AML/ABC Team Lead

Key Accountabilities:

Regulatory Compliance Team Lead

• To improve the insurance sales process across all stages of the sales lifecycle.
• To oversight regulatory compliance and sales conduct team and coordinate with HODs to ensure all tasks is complete as planned
• To review and manage all related reports submitting to group compliance and regulator in a timely manner.
• To set up a Compliance program and/or procedure to prevent, monitor and detect any potential risk of mis-selling or misconduct.
• To coordinate, build and maintain good relationships with the regulators and Group Compliance.
• To attend the relevant meeting and provide compliance consultations to customers (colleagues)
• To prepare the report relating to the scope areas to the management, committee, group and/or company director
• To prepare the annual compliance plan relating to regulatory compliance and market conduct to come up with the annual compliance plan for Head of Compliance, CEO, Regional Compliance and Audit Committee (AC) review and approval.
• To complete the related activities laid down in Annual Compliance Plan within timeline
• To supervise, coach, and manage subordinates to develop particular knowledge and skill following Performance Management to achieve the objectives.
• To comply with the assignment requested by Head of Compliance, and/or CRO

AML/ABC Team Lead

• To lead the effective implementation of end-to-end AML/ABC/ FC framework (i.e. from policy drafting to conduct training and awareness)
•   To be accountable on all job assignments and routine tasks done by direct reporting line AML, ABC, and Financial Crimes functions.
• To prepare the annual AML/ABC/financial crime components of compliance plan to come up with the annual compliance plan for Head of Compliance, CEO, Regional Compliance and Audit Committee (AC) review and approval.
• To complete the related activities laid down in Annual Compliance Plan within timeline
• To submit Management Information Reporting and carry out relevant analysis
• To coordinate, build and maintain good relationships with the regulators and Group Compliance.
• To ensure that effective training on AML, ABC, and FC to the required audiences and intervals as required
• To supervise, coach, and manage subordinates to develop particular knowledge and skill following Performance Management to achieve the objectives.
• To deal with outsourcing business (if any) regarding due diligence arrangement with corrective action plan and timelines for closing the gap.
• To prepare the report relating to the scope areas to the management, committee, group and
• To comply with the assignment requested by Head of Compliance, and/or CRO

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.