Compliance Officer - Prudential Myanmar Life Insurance | New Day Jobs (Yangon, Myanmar)

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Compliance Officer

Compliance Officer

Job Type : Full-Time
Education Requirement : Bachelor Degree
Skills : Auditing  Communication skills  risk management 
Experience : 3 to 5 years
Work Days : Monday To Friday
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Job Detail

Principle Accountabilities

  • Support the implementation and management of effective compliance program covering all requirements with respect to Anti-bribery & Corruption (ABC) Risk Assessment, Anti-Money Laundering (AML) Risk Assessment, sanction screening and due diligence.
  • Monitor and track on-going projects implementation.
  • Coordinate with relevant functional departments.
  • Perform driving Compliance framework & governance program across the Company.
  • Perform driving ethics and compliance culture through compliance weeks, newsletter, certifications, trainings, awareness sessions etc.
  • Perform analysis regulatory requirement and company policies.
  • Monitor dissemination and interpretation of various guidelines, circulars and regulations to the stakeholders and its implementation across the company.
  • Conduct regular GAP analysis through awareness of industry trends on regulatory compliance, emerging threats and appropriate steps to mitigate the risks.
  • Implement a process to ensure timely and robust responses on information requests & notices from regulatory & statutory bodies.
  • Conduct ad-hoc operational reviews / testing to ensure the Company meets regulatory requirements.
  • Prepare detail report to management and regulator as required.
  • Follow up on compliance issues that require investigation including escalations where required.
  • Provide support for regulatory inspections where necessary.

Job Requirements

  • Bachelor’s Degree in Accounting/Business Studies/Finance/Insurance or any other related fields;
  • 3-5 years of working experience in the area of compliance, internal audit, external audit or risk management in the financial services industries;
  • Good knowledge of regulatory requirements and procedures of financial service industry would be preferred;
  • Meticulous, self - motivated team player who displays great analytical & interpersonal ability;
  • Ability to communicate and work with different stakeholders across functions;
  • High level of integrity and professional ethics to take accountability of work Analytical with data, meticulous in report writing.
  • Excellent verbal and written language skill in both English and Burmese.

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About Prudential Myanmar Life Insurance



Team Size: 50-100   *   🏢:  Life Insurance    *   📌: Yangon, Myanmar;



Prudential Myanmar Life insurance



About Us



Prudential plc is an Asia-led portfolio of businesses focused on structural growth markets. The business helps individuals to de-risk their lives and deal with their biggest financial concerns through life and health insurance, and retirement and asset management solutions.



Prudential Corporation Asia is a leading life insurer with operations spanning 13 markets in Asia, covering Cambodia, China, Hong Kong, India, Indonesia, Korea, Malaysia, Myanmar, the Philippines, Singapore, Taiwan, Thailand and Vietnam.



Prudential's history in Myanmar dates back to 1923 when it first established its operations in the country. In 2013, when the government re-opened the market, Prudential re-entered Myanmar with a representative office licence, the first European life insurer to do so.



Benefits: Why Employees Love Us



😁Fun environment with friendly team members



⚖️Work/Life Balance, Fair Time-Off Policy



🏢Centrally-located office at Sule



💻Tablets/ Computer / PC provided



📈Charting out career progression



⏫Opportunities grow in your role and get promotions



🏅Fair, friendly, inspiring management team



🏆Award-winning company



💰Annual Bonus



❤️Life Insurance/ Health Insurance 



☕️🍿Free Coffee and Treats in the Office



📱Phone bill Allowance/ Free Sim Cards



➕Other benefits



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