Chief Compliance Officer

Responsibilities:

The Chief Compliance Officer (CCO) is the top compliance officer in the country that responsible to oversee the compliance function which including to cover AML/CTF & International Sanctions Control framework and undertaking his/her responsibilities as Anti-Money Laundering Officer / Money Laundering Reporting Officer. The position is also to ensure the adherence of The Group Compliance Operating Model and Compliance Management System Policy and Group AML/CTF Policy.

The CCO serves as the highest-ranking compliance executive in the country, providing strategic leadership and oversight of the organization's compliance framework. The CCO is accountable for ensuring a robust and effective compliance governance structure, including Anti-Money Laundering, Counter-Terrorism Financing (AML/CTF), and International Sanctions Control programs, while fulfilling the statutory responsibilities of the Anti-Money Laundering Officer / Money Laundering Reporting Officer.

The role drives the development, implementation, and continuous enhancement of the compliance strategy to safeguard the organization against regulatory, financial, and reputational risks. As a key member of the leadership team, the CCO ensures alignment with the Group Compliance Operating Model, Compliance Management System Policy, and Group AML/CTF Policy, while fostering a strong culture of integrity, ethical conduct, and regulatory compliance across the organization. The CCO also serves as a trusted advisor to senior management and the Board on compliance, regulatory developments, and emerging risk matters.

Qualification and Experience Requirement

Education :

Relevant degree holder in Economics and Administrative Sciences, Engineering, Accounting, Law or Risk Management from a leading university and possibly an LLM from a reputable faculty.

Experience :

Minimum 10-12 years of experience in compliance in insurance and the financial institutions market (insurance is preferred), with an international dimension of which around 7 years in insurance compliance and AFC. Specific experience with and knowledge of the life insurance.

Skills :

• Understanding of the regulatory framework, applicable regulation and related compliance obligations
• Knowledge of insurance business and operations/processes
• Familiarity with compliance risk management methodologies
• Ability to carry out effective communication and correspondence with external regulators and internal executives
• Ability to explain and follow relevant compliance policies involving applicable responsibilities, goals, processes and reporting procedures
• Organizational ability and solid leadership skills in managing teams and budgets;
• Effective and efficient problem solver with keen judgment and strong multi-tasking ability;
• Highly capable communicator with strong inter-personal and influencing skills;
• Team player with strong ability to manage time in an effective manner
• Ability to manage complex situations and meet deadlines
• Ability to work in a diverse and international environment
• Ability to deal with multiple stakeholders and executives
• Sound judgment and discretion when dealing with confidential information
• Excellent planning, organizational and decision making skills
• Excellent command of English both written and spoken
• Excellent in Ms Office applications