Chief Compliance Officer, Asia Pacific

Job Level:  Management
Location: 

Area of Expertise:  Legal & Compliance
Unit:  Allianz Singapore
Employing Entity:  Allianz SE
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  42782
Position Cluster:  Allianz Senior Executive

 | Legal & Compliance | Management | Allianz Senior Executive | Allianz Singapore | Full-Time | Permanent

 

Job Purpose

The role is to lead the compliance function in Allianz SE Singapore Branch, to steer and manage the respective Compliance functions of  Allianz Asia Pacific Operating Entities (OEs), and to enforce regulatory compliance across all operating entities. The role entails strengthening and embedding a compliance risk management framework and culture, and implementation of various compliance policies and procedures. It comprises rendering advice and guidance to Allianz Group, Regional, and OEs Management on relevant compliance matters incl. briefings on policy and strategy with respect to compliance risks and issues. The role provides oversight and steering, coordination of risk assessments and related control environment, advice, and compliance quality assurance of all Allianz Asia Pacific operating entities. 

 

What you do
I.    Prevention & Advisory:
•    Advising Regional Management and CEOs in Operating Entities on compliance matters and associated control environment
•    Steering the regional design and implementation of all Allianz Compliance Programs
•    Monitoring legal and regulatory developments in Europe and Asia Pacific, analyzing the business impact of such changes to ensure timely response and implementation of effective controls to mitigate compliance risks
•    Member and/or chair of regional compliance-related committees (e.g. Integrity Committee)
•    Creating and sustaining strong working relationships with all AZAP and Allianz Group stake
•    Representing Allianz Asia Pacific Compliance interests in the Global Compliance Standard Committee as well as various global and regional projects, business work-streams and committees
•    Leveraging available and possible digital solutions for compliance risk prevention and mitigation 
•    Interface with senior management to ensure effective awareness of key compliance risk areas and strong engagement by local businesses and operations and develop and implement training as needed on relevant compliance regulations and processes
•     Work collaboratively with Asia Pacific business partners and senior management including those in IT, Risk Management, Legal, and Internal Audit; and participate in risk committee meetings
II.    Risk, Control & Quality Assurance
•    Proactively identifying emerging compliance risks and trends, develop, and implement appropriate policies and procedures to support the management of risks
•    Steering & managing the Regional Compliance Quality Assurance program (incl. compliance and targeted reviews aimed at testing the design and effectiveness of processes and controls) 
•    Supporting regional strategy through comprehensive compliance risk prevention and mitigation programs
•    Facilitate effective training and communication to drive employee ownership of the compliance risks
•    Interface and closely cooperate with key control functions to ensure a comprehensive overview of risks and controls
•    Lead and manage compliance investigations and compliance incidents
•    Setting strategies and plans to manage compliance misconduct
•    Work closely with peers in AZAP to ensure consistent processes and approaches are followed and that synergies are realized, breaking through silos and encouraging a collegial and globally coordinated and consistent AZAP management model.
III.    People’s Management (Skilling and Staffing)
•    Leading the compliance department at Allianz SE Singapore Branch
•    Maintain sound organizational structure within the team with necessary resources, experience, and skillset, and to support required training and development 
•    Steer sound organizational structure within the regional team with necessary resources, experience, and skillset, and to support required training and development

 

What you bring
•    Demonstrated experience interfacing with various stakeholders on compliance matters with the ability to build internal support at all levels of the organization •    Strong interpersonal skills 
•    Proven team player with the ability to establish and maintain working relationships with colleagues from different backgrounds, functions, and cultures
•    Strong analytical, problem-solving, implementation, and communication skills 
•    International working experience with a strong knowledge of European and Asian regulations 
•    Fluent verbal and written English are required
•    Very good understanding of the Group, solid knowledge of global business
•    Knowledge of regulations relating to insurance, customer protection, anti-corruption, anti-money laundering, terrorism financing, and economic sanctions
•    Good understanding of insurance products and industry
•    Allianz Group organizational structure and authorities and Group Compliance policies and procedures
•    Allianz Insurance Business Acumen / Know-How
•    Result-oriented – focus on the outcome without compromising on risks and quality

•    Change agent – facilitate, drive, and embrace change to improve and strengthen compliance culture
•    Very good communication and presentation skills
•    Leadership experience in a medium or large-sized entity or a regional business division

•    At least 12-15 years of practical experience in compliance, audit, risk, or related role within an insurance or financial services company

 

What we offer

Allianz Group is one of the world's most trusted insurance and asset management companies. Caring for our employees, their ambitions, dreams, and challenges makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, grow, and shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal-opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love, or what you believe in.

We, therefore, welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, or sexual orientation.

Join us. Let's care for tomorrow.