Manager - Compliance (Prefer Background in insurance / broker)

Position Title     Manager Compliance

Department       Legal and Compliance 

Report to           CEO / Head of legal and compliance

Job Purpose

The Compliance Supervisor is responsible for ensuring that the company adheres to legal standards and in-house policies. This role will be instrumental in enforcing regulations in all aspects and levels of business, providing guidance on compliance matters, and overseeing the implementation of the company’s compliance program.  

Roles & Responsibilities

1. Develop and Implement Compliance Policies: Design, develop, and implement comprehensive compliance policies and procedures to ensure the company meets all regulatory requirements.

2. Monitor Regulatory Changes: Stay updated with relevant laws and regulations, and ensure the company's policies are aligned with any changes in legislation.

3. Conduct Compliance Audits: Plan and execute internal compliance audits and investigations to identify and mitigate risks, ensuring adherence to internal policies and external regulations.

4. Training and Education: Organize and conduct compliance training programs for employees to ensure awareness and understanding of compliance issues and responsibilities.

5. Reporting: Prepare and present regular compliance reports to the senior management and the board of directors, highlighting key compliance risks and issues.

6. Liaison with Regulatory Bodies: Serve as the main point of contact with regulatory agencies, manage regulatory examinations, and ensure prompt and accurate responses to regulatory inquiries.

7. Collaboration with Other Departments: Work closely with other departments to ensure a cohesive approach to compliance across the organization.

8. Perform other related duties as assigned.

Role Competencies

• Comprehensive understanding of relevant laws, regulations, and standards specific to the insurance industry, particularly non-life insurance.

• Attention to detail to identify and address discrepancies and ensure accuracy in regulatory documents, compliance reports, and company and group policies.

• Strong analytical skills to interpret complex regulatory requirements, analyze compliance data, and identify potential risks.

• Excellent written and verbal communication skills, with proficiency in English to effectively communicate with international stakeholders and ensure clarity in compliance matters.

• Strong problem-solving abilities to address compliance issues promptly and implement effective corrective actions.

• Leadership abilities to guide and mentor compliance team members, promoting a culture of compliance and ethical behavior within the organization.

• Flexibility to adapt to changing regulatory environments and internal business needs, ensuring the organization remains compliant.

Candidate Specifications

• Bachelor’s degree in Law is preferred.

• Minimum of 4 years of experience in compliance, legal, or regulatory roles within the insurance industry, preferably in non-life insurance.

• Proven experience in managing compliance programs, conducting audits, and dealing with regulatory bodies.

• Excellent written and verbal communication skills in Thai and English to effectively interact with international stakeholders and within the group company.

• Strong analytical skills to interpret regulatory requirements and assess compliance risks.

Only qualified candidate will be contacted and there will be at least 3 interview rounds in recruitment process.