Vice President, Distribution Compliance Insurance - HSBC Life

HSBC Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank 
Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.
Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as a Vice President, Distribution Compliance Insurance.

In this role you will:

• Assist in the identification of Distribution Compliance risk change and potential impacts on HSBC Life business model.
• Assist in program implementation to quantify impacts and implement actions to address, manage and mitigate impacts of regulatory changes on HSBC Life .
• Provide compliance advisory in respect of all market conduct matters specified to the tied agency, and review Risk Control Assessment as per the Non-Financial Risk framework. Support in the assessment of new initiatives and drive conduct agenda in consultation with the business.
• Monitor and track regulatory dissemination and implementation of such regulations across all relevant risk taxonomies and assist in the preparation of relevant papers for different committees including Board risk committee.

To be successful you will need:

• Experienced compliance practitioners in the insurance industry are preferred. Candidates with audit backgrounds will also be considered, where the experience is relevant and transferable.
• Knowledge and understanding of regulatory requirements/expectations under the FAA, SFA, Fair Dealing guidelines and the associated notices issued, including those issued by LIA with regard to life and health insurance businesses on the market conduct requirements, will be crucial in this role.  
• A matured candidate with the discipline to work with minumum hand holding and ability to deal with stakeholders in business, including senior leaders, confidently and professionally.
• Self driven with a strong eye on details, perseverance in meeting goals set, analytical mind, strong communication and inter-personal skills, are attributes required for the success of this role.

You’ll achieve more when you join HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by HSBC Life (Singapore) Pte. Ltd. 

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