Job Description

Compliance Risk Management Program

Monitor and ensure all business units comply with company internal policy, procedures, and external regulations.
Monitor business activities regularly to detect any possible breaches of legislative, guidelines and to take remedy actions where necessary
Initiate initiatives for more efficient/ effective compliance tools/processes and in general, follow compliance plan items

Distribution compliance

Conduct reviews of sales practices of the distribution channels to determine compliance with regulatory requirements and the company policies and procedures. Identify gaps and recommend corrective actions.
Monitor the distribution application process are in accordance with the local regulatory requirement.

Regulatory Compliance

Responsible for ensuring compliance with regards to both requirements & reportings.
Identify potential compliance violations and internal control weakness; and ensure timely resolution.
Kept abreast of the regulatory environment and review/update control processes.
Providing competent, reliable and timely compliance advising regulatory compliance issues and requirements management and/or the department concerned.
Check and account for existing KAL policies and identify which ones are already approved during the LMACC, local BACC and the Board of Directors. To ensure that the approved KAL policies are current vis-à-vis all AXA Policies for further adoption and localization, to include applicable laws and regulations where necessary, for immediate implementation within the business unit. Monitor and follow up plans will be created based on the outcome of the analysis. High-risk functions or areas will be highlighted

Others

Contact and liaise with regulators on compliance issues and examination.
Responsibilities include preparation and compilation of reports such as quarterly LMACC, BACC reports, annual AML assessments, monthly Anti-Money Laundering & Anti terrorist reports, as well as ad hoc reporting with the feedback on timeliness, quality and transparency
Coordinate and report compliance related issues to the Regional Office as requested

Qualifications

Bachelor's Degree or higher in Laws, Accounting, Finance, or related fields
5-10 years experience in life insurance or financial services industry
Experience in Compliance related position(s)
Extensive knowledge of the regulatory environment, relevant legislation and regulatory requirement
Good Analytical Skills & Interpersonal skills
Capacity to work under pressure
Knowledge of regulatory requirements for life insurance business and risk management
Highly motivated, eager to learn and work well independently

About Krungthai-AXA Life Insurance

Krungthai-AXA Life Insurance Public Company Limited, created from a solid co-investment partnership between Krungthai Bank PCL. and the AXA Group, global financial protection and asset-management specialists.

The trademark of Krungthai-AXA Life Insurance is designed to indicate the combination of the two corporations. Krung Thai Bank PCL. and AXA Group logos are aligned with Thai characters displaying the company name as Krungthai-AXA Life Insurance placed above the red line and the new company signature. Redefining/Life Insurance.

Today Krungthai-AXA Life Insurance Public Company Limited is a fast-growing life insurance company with a vision – Ambition AXA.

Our Perks And Benefits

Employee and Family Health Insurance Benefits
Life and Accident Insurance Benefits
Hybrid Working and Flexible Working Hours
Annual Leave & Birthday Leave
Salary Increment & Bonus
Digital Learning - Self Learning Organization
Annual Health Check up
Provident Fund

AVP - Compliance Assurance