Head of Compliance, Hong Kong

Primary Details Time Type: Full time Worker Type: Employee Primary Responsibilities Ensure appropriate and relevant advice is provided to Senior Leadership on the management of regulatory changes within the Industry Ensure corporate compliance with requisites prescribed by the laws, the Insurance Authority, Company Registry, Inland Revenue, and other relevant regulatory entities including QBE Head Office and Regional Office Advise on areas of sanctions, anti-corruption, AML/CTF,

QBE Insurance - Hong Kong - Full time

Salary: Competitive

Primary Details
Time Type: Full time

Worker Type: Employee

Primary Responsibilities
  • Ensure appropriate and relevant advice is provided to Senior Leadership on the management of regulatory changes within the Industry
  • Ensure corporate compliance with requisites prescribed by the laws, the Insurance Authority, Company Registry, Inland Revenue, and other relevant regulatory entities including QBE Head Office and Regional Office
  • Advise on areas of sanctions, anti-corruption, AML/CTF, Insurance Authority's Guidelines, distribution compliance and corporate compliance matters for QBE in Hong Kong
  • Provide constructive input into the business planning process
  • Maintain and enhance the compliance management framework and strategy
  • Review changes to compliance legislation, regulations and guidelines to ensure that the compliance management strategy (CMS) is and remains compliant with the requirements of all relevant regulators
  • Coordinate the development of the compliance management policy and standards and ensure that regulatory requirements throughout the organization are monitored and reported through the appropriate channels
  • Identify, consult and work collaboratively with key customers/customer groups to ensure informed decision making
  • Educate and raise awareness across the business on enterprise regulatory & compliance
  • Communicate major initiatives, issues and actions with key stakeholders on a timely and routine basis
  • Register and give briefing to the management on insurance related regulatory developments such as new guidance notes from the IA, new laws
  • Ensure all Regulatory and Internal QBE Compliance requirements are fully met and maintained
  • Responsible for the control of all aspects of Compliance function of the Company and advise management on compliance issues
  • Responsible for preparing and maintaining official corporate notices, records and actions in accordance with government and regulatory requirements
  • Review the current status of the company's compliance programs and identifies appropriate actions to improve them
  • Ensure all compliance related information and publications are distributed to the relevant staff or departments
  • Analysis the potential impact of regulatory trends and developments
  • Fulfill statutory compliance and corporate governance functions in general
  • Liaise between management and various departments such as auditing, corporate security, legal counsel on compliance matters
  • Manages subordinates and facilitate the team achievement of KPIs and prepare and implement Performance Management Process with team to ensure expectations are understood and meet
  • Assist in staff training in C&RM disciplines
Qualifications :
  • Degree holder in Accounting/ Business Administration/Law, relevant business Degree
  • Working experience in corporate compliance management or audit and control assurance or strategic business planning in insurance industry/financial institutions
  • Strong records of implementation of sound compliance, corporate governance and ERM framework in insurance companies
  • Strong communication skills and experience in working with regulators and stakeholders
  • Relevant experience in company secretary roles including board reporting in international insurance companies and in leading or support large projects
  • Relevant experience in working closely with regional office/head office under matrix reporting
  • Professional qualification relevant to insurance industry like CPA, FLMI, ACII, CIA, Law, etc.
  • Sound knowledge of Hong Kong Ordinances relating to insurance entities, insurance related regulatory framework, insurance statutory returns, insurance complaint handling and corporate governance disciplines, guidance notes and other relevant codes
  • Proficiency in the applications of corporate compliance management
  • Advanced knowledge of the General Insurance industry and current market environment at a domestic and international level
  • Advanced knowledge of all insurance products including domestic competitor activity and international trends, distributional strategy include brokers, agents and Bancassurance
  • Ability to lead and manage through a team of senior professionals and a large business unit
  • Strong analytical skills, sound judgment and decision-making abilities
  • Excellent report writing and organizing skills with attention to details and able to meet tight deadlines
  • Excellent command in both written and spoken English and Chinese
  • Proficiency in computer skill, including MS Word, Excel and PowerPoint
How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
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