About FWD Group FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 34 million customers across 10 markets, including BRI Life in Indonesia. FWD's customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.
For more information, please visit www.fwd.com
Purpose - Compliance Program Oversight (Monitoring & Testing) - Lead the build and maintenance of a group-wide compliance monitoring and testing (M&T) program for the oversight of compliance risk
- Manage group-wide supervision monitoring activities through maintenance of an appropriate inventory of requirements and controls
- Lead and drive the annual Compliance M&T plan, together with Compliance senior management across the Company
Key accountabilities - Compliance Program Oversight (Monitoring & Testing) - Develop, oversee and maintain group-wide standards and strategy for Compliance M&T activities, including leading the presentation of the M&T framework with senior management and ongoing developments as necessary
- Maintain the group-wide Compliance M&T plan, with inputs from Compliance senior management
- Lead Compliance M&T reviews, as required, to assure group-level adherence with application regulatory requirements
- Identify technology solutions to improve efficiency for Compliance M&T
- Provide coaching, guidance and training to Compliance personnel across the BUs for performing quality assurance or other forms of M&T activities, including providing training on expected M&T standards, development of templates, and oversee and advise on the deliverables produced for such activities, as directed
- Contribute, and at times, lead, the development of regulatory controls and other non-financial risk controls, capturing them in an appropriate system of record
- Review group-level evidence and artifacts
- Proactively escalate issues of concern to Compliance and Risk senior management where non-financial risk issues arise
Qualifications / experience - 12+ years relevant working experience for candidates from regional or global financial institutions (insurance or banking) delivering compliance testing, internal audit, and/or other forms of assurance activities
- Experience as people manager preferred
- Professional experience in developing Compliance monitoring and testing standards and programs, including establishment of shared services, is highly regarded
- Experience in using or managing governance, risk and compliance (GRC) tools
Knowledge & technical skills - Bachelor or equivalent degree in accounting, business, or finance
- A qualified accountant (e.g., CPA), internal auditor, or a related discipline
- Business acumen to drive transformational changes while balancing the interests of relevant stakeholders
- Expert in using Excel (incl. use of macros), PowerPoint and other professional applications preferred
- Expert stakeholder management and executive communication, including experience in managing different Asian cultures and ability to influence without authority.