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Senior Compliance Specialist

Liberty Specialty Markets Singapore
Posted 9 days ago Permanent Competitive

Senior Compliance Specialist

Liberty Specialty Markets Singapore
Senior Compliance Specialist
General information

Country: Singapore

Creation Date: 19-Aug-2026

Employment Type: Permanent

Employment Type: Full time

Ref #: 1234573337

Description & Requirements

The role will be responsible for all facets of the Company's compliance program. You will work closely with the Company's senior management, legal counsel and business stakeholders in managing regulatory interaction and compliance risks. You will proactively assess and identify existing and emerging compliance risks, provide sound compliance advice, and develop strategies and guidance to ensure compliance with regulations and global policies. You will carry out actions that have an impact upon the rights, privileges and responsibilities of the Company while maintaining high standards of compliance, business ethics and professional responsibility.

Responsibilities:

  • Implement an effective compliance program to ensure the company complies with applicable laws, regulations and policies, including (but not limited to) the Insurance Act, MAS Regulations & Notices, and internal corporate policies.
  • Stay abreast of regulatory requirements, changes and developments, and provide timely update on regulatory development to the business stakeholders and senior management.
  • Responsible for the development and operating effectiveness of sanction screening and AML controls.
  • Work with Liberty's corporate compliance team, Global Compliance & Ethics (GC&E), to maintain a culture of compliance, responsibility and doing things right, and proactively facilitate GC&E's initiatives to embed ethics and compliance in the Company.
  • Promote Compliance awareness and culture through establishing engagement events and trainings for employees and insurance agents of the Company.
  • Provide regular reports to GC&E, board of directors and senior management on, amongst other items, emerging risks, regulatory changes, misconduct allegations, investigations or discipline related to compliance misconduct.
  • Collaborate with Legal and Internal Audit in the investigation of complaints and allegations of violations of the Company's rules, including managing the communication of findings, conclusions, and recommendations to the management.
  • Manage regulatory queries, regulatory inspection and audits relating to compliance. Ensure timely management responses are provided, and improvements are implemented within agreed timelines.
  • Escalate matters to GC&E in accordance with written escalation policies and request support from GC&E on any compliance matter as needed.
  • Perform compliance risk assessment of the Company, including identification of emerging risks and issues, and ensure the timely completion of compliance monitoring and testing plans.
  • Monitor the implementation of compliance policies and procedures by the business units and functions, and perform periodic compliance monitoring and testing by reviewing business practices against regulatory and policy requirements, report results to management and oversee the implementation of corrective actions.
  • Provide sound and effective advice and guidance on the Company's compliance standards, policies, Code of Business Ethics and Conduct and internal policies.
  • Develop Compliance processes and ensure the implementation of appropriate controls to manage risks within the Company's risk appetite.
  • Manage the planning and execution of compliance plan and policies.
  • Actively participate in cross functional, cross country, regional or global projects where required.
  • Take a leading role in facilitating the training and development of less experienced team members. May design and teach formal trainings on audit methodology, SBU products and systems.

Experience & Knowledge:

  • Minimum 6-8 years of relevant experience in Big 4 or financial institutions
  • Familiar with relevant rules, regulations and expectations of the MAS and PDPC
  • Strong interpersonal skills and the ability to interface with all levels within the company
  • Excellent analytic, problem solving and project management skills
  • Able to identify and analyze organizational needs with solid problem-solving abilities
  • Able to analyze complex issues and propose pragmatic solutions with business acumen
  • Has experience working in a diverse, international, fast-moving and mature regulatory environment
  • Able to effectively manage cross-functional and cross-country projects and working relationships
  • Able to communicate effectively in English, both written & oral
  • Advanced proficiency in Microsoft Office applications, including Word, Excel and PowerPoint
Job ID  21233
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