Job purpose
Develop policies and procedures, provide advisory services, supervise, and perform inspection and control activities to ensure that staff, employees, and sales force comply with applicable legal regulations related to insurance business operations and the company’s internal regulations.
Ensure the company’s operations comply with relevant laws and regulations.
Responsibilities
Sales Compliance Monitoring
· Coordinate with relevant departments to assess legal risks in customer acquisition and servicing, propose remedial measures, and ensure compliance.
· Collaborate with business units to evaluate potential compliance risks in sales activities, analyze impact, and recommend appropriate risk mitigation measures.
· Develop policies, processes, and procedures for sales activities, monitor sales compliance, and mitigate compliance risks.
· Conduct compliance assessments for products and services prior to market launch: identify risks, assess impact, propose solutions, and ensure alignment with legal and internal standards.
· Participate in training programs and communication initiatives to enhance awareness and compliance culture within the sales team.
· Periodically review and update sales compliance policies and processes to align with changes in internal operations, legal regulations, and market practices.
AML và FATCA
Advise on the implementation of AML and FATCA policies, processes, and standards.
· Participate in training sessions and communication to raise awareness and strengthen compliance in relation to AML and FATCA requirements.
· Assist in working with SBV, MOF, and other competent authorities regarding AML/FATCA compliance matters.
· Monitor and evaluate AML/FATCA compliance of the business units.
· Coordinate with the AML team and relevant departments to address customer issues related to AML/FATCA and recommend remediation plans.
· Collaborate with legal, risk, and compliance teams in customer due diligence and reporting activities in line with AML/FATCA standards.
Policy Management and Advisory
· Advise on the implementation and management of internal policies and compliance guidelines in relation to corporate standards.
· Participate in policy review and development activities to ensure alignment with compliance requirements and best practices.
Other tasks and responsibilities as assigned by manager
