At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.

It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030.

And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, who are driven to work with, and learn from some of the most inspiring and supportive leaders in the business.

Sound like you? Then read on.

About the Role

The main function of Internal Controls is to ensure that the Division is in compliance with
internal guidelines and external regulatory requirements. The members of Internal Controls
should work closely with all HODs, RCCs and DPCs in Tied Distribution Division as well as
other key personnel outside of the Division e.g. Group Internal Audit, Compliance and
Enterprise Risk Management.

•Adopt the use of data analytics to provide insights to the Management.
• Communicate new regulatory developments as well as updates on Company’s
policies to the respective business functions.
• Assist and provide advisory support to the business on various business initiatives
in meeting regulatory and corporate requirements.

• Work with the business to design processes and controls relating to key regulatory
or compliance focus areas e.g. Consultation Papers, Market Conduct, FAA, sales Advisory
and PDPA.
• Work with the business on remedial action to close gaps identified from MAS/
Compliance and Internal audit findings.
• Conduct regular quality assurance reviews to ensure the business comply with
relevant statues, regulations and guidelines.
• Monitor the business mandatory regulatory reporting obligations by sending
periodic reminders and perform follow-ups with the relevant departments to ensure
compliance with all mandatory reporting and communications within the stipulated
timelines.
• Perform timely escalation of issues or potential delays to management in order to
prevent any breach which may result in regulatory or financial penalty.
• Assist  Chief  Distribution  Officer  and  respective  business  functions  to  meet  Risk  &
Compliance  obligations  in  accordance  to  Annual  RCC  Work  Plan  which  includes
EXCO Certification of Regulatory Register and Risk and Control Assessment etc.
• Support HOD/Team Lead in any ad-hoc request/project.

Requirements:

• Bachelor Degree in any discipline but preferably Business, Data Analytics, Risk
Management
• Minimum 4 -6 years of working experience in audit and compliance relevant to the
insurance / financial industry
• Good understanding of regulations, insurance business and operations
• Good problem solving and communication skills
• Good analytical skills
• Report writing skills
• Able to work under pressure and independently

Believe in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way! 

#LI-SF1

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.