EY

Insurance Regulatory Compliance (Financial Services) Consultant/Senior Consultant, Risk Consulting

EY
BusinessSG, 048583Full-time1 weeks ago

About the role

AI summarised

This role is for a Consultant/Senior Consultant in Insurance Regulatory Compliance within Risk Consulting at a professional services firm. The consultant will help insurance clients navigate regulatory requirements, conduct compliance reviews, and develop risk management frameworks.

BusinessFull-timeGeneral

Key Responsibilities

  • Advise insurance clients on regulatory compliance matters including MAS regulations, AML/KYC, and data protection.
  • Conduct compliance health checks and gap analyses against regulatory requirements.
  • Develop and implement compliance policies, procedures, and controls.
  • Assist in regulatory reporting and liaison with authorities.
  • Perform risk assessments and recommend mitigation strategies.
  • Support internal audit engagements related to compliance.
  • Deliver training sessions on regulatory updates and compliance best practices.
  • Prepare detailed reports and presentations for client management and regulators.

Requirements

  • Bachelor's degree in Law, Business, Finance, Accounting or related field.
  • At least 3-5 years of experience in insurance regulatory compliance or risk consulting.
  • Strong knowledge of Singapore insurance regulations and MAS guidelines.
  • Experience with AML/CFT, data privacy, and market conduct regulations.
  • Excellent analytical and problem-solving skills.
  • Strong written and verbal communication skills.
  • Ability to manage multiple projects and work under tight deadlines.
  • Professional certifications such as CFA, CPA, or CISSP preferred.
  • Proficiency in Microsoft Office Suite.
  • Willingness to travel occasionally for client engagements.