JOB PURPOSE : This role has the responsibility to contribute as a senior member of Compliance team to formulate company’s compliance strategies, conduct and manage compliance activities in coordination with all departments aiming at minimizing / controlling the legal risk in our new / existing business, particularly that of Agency distribution channel and contributing to build compliance culture throughout the company.
ACCOUNTABILITIES 1.Effectively contribute as a senior member of the team and lead the subordinate staff to accomplish the missions of Compliance Team under supervision of Compliance Head, specifically as follows : o Plan, review and improve the compliance program which is the action plan to improve compliance and reduce misconducts.
o Implement, review the result of compliance program and facilitate all the departments to implement Plan-Do-Check-Action cycle for that purpose.
o Review the internal rules regarding (Agency / Alt. Distribution) Compliance and have the sufficient internal rules, including Agency Compliance Manual and the guideline to handle sales materials, in place and ensure their timely update.
o Establish and maintain effective misconduct / misappropriation handling procedure, including classification / criteria of misconducts / punishment.
o Manage, decide / recommend the punishment for and implement the punishment for the misconduct cases in accordance with the relevant internal rules.
o Represent the company or give sufficient support to who represent the company and manage the relevant procedures for the legal disputes relevant to Agency channel including legal cases at the court (co-
responsible with Legal team). o Report periodically about misconduct / misappropriation cases to Management and relevant committees.
o Recommend and implement internal education framework for both employees and agents (e.g. periodical compliance seminar, compliance news etc.
o Establish and maintain database of compliance issues, including misconduct cases in cooperation with Legal team. 2. Be involved in various internal projects particularly for those relevant to Agency channel / Alt.
Distribution channel to give appropriate advices from compliance point of view proactively. 3. Others as assigned from Head of Compliance from time to time.
JOB SPECIFICATION Education, no. of year experience :