Director, Corporate Compliance at Manulife in Dist.7

Job description

The job holder will be a leader in compliance function and will act second line of defense to control & monitor the key compliance sub-risk types in the organization: Key Responsibilities: Management and oversight of regulatory compliance, financial crime risk, anti-bribery and corruption, business code of ethic, personal data protection risk, regulatory reporting, record retention (refer as corporate compliance). Ensure new and change in regulatory obligations are identified and cascaded to business and function for implementation. Overall responsibility for the Corporate Compliance team delivery • Develop and implement the compliance monitoring and testing program providing on-going assessment of control effectiveness of corporate compliance risks. Assist Chief Compliance Officer and Senior Management to promote an ethical business culture & compliance awareness throughout Manulife Vietnam (“MVL”); Provide expert counsels to Process Owners to issue internal rules, policies & standards for corporate compliance risk management (including AML/ATF, FATCA, ABAC, Privacy & Data Protection, Records Management and Regulatory Compliance Management generally) and advise to related corporate compliance issues. Work with 1LOD to identify, monitor and report the corporate compliance risk that may arise to Chief Compliance Officer or Executive Management team. Ensuring effective compliance risk management controls are in place to comply with regulatory requirements and company policies/ procedures; Establish/revise policies and procedures related to Corporate Compliance’ scope of work Develop and carry out the annual or unscheduled compliance check program ((specialized in Financial Crimes Risk Management & Regulatory Compliance Risk Management) to ensure the compliance with the provision of law, internal rules and regulation and the professional ethic standards. Working closely with the Chief Compliance Officer and Senior Management, build strong relationship with the regulators/ associations that oversee MVL’s business operations; Attend business and functional risk committee meetings as the representative of Corporate Compliance Through independent compliance assurance/ checking, monitoring and oversight, identify potential compliance violations and internal control weakness; and work with related departments to ensure development of corrective or preventive measures; Timely update to Senior Management, Regional Compliance and Chief Compliance Officer on the overall status of corporate compliance at MVL and other significant issues; Participate in ad hoc divisional compliance projects / reviews. Provide training & education to employees and distribution channels on regulatory requirements and internal policy and procedures; Create a culture of open communication, collaboration, inclusiveness and high-performance within the Corporate Compliance team; Other task as assigned by management team. Required Qualifications Bachelor degree or higher (background in investment management, finance, law, operations, or audit). Minimum 7 years relevant experience in insurance, financial services industry or regulatory bodies in Compliance/Legal. Knowledge of financial services industry, related legislations, regulators (ISA, MOF), generally accepted industry practices and professional standards, specially in regulatory compliance, financial crime risk, anti-bribery and corruption, business code of ethic, personal data protection risk, regulatory reporting, record retention. Experience interacting with regulators, auditors, and fund service providers. Ability to analyze industry regulations; adapt and develop policy and procedures to meet compliance requirements. Strong project management skills with an ability to understand business and IS processes and their risk implications, analyze complex situations, reach appropriate conclusions and make value-added and practical recommendations. Good interpersonal skills to work with various stakeholders and