Senior Vice President, Regulatory Compliance, HSBC

HSBC

Location:
Singapore, Singapore

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Senior Vice President, Regulatory Compliance (Insurance) at HSBC Life will provide compliance advisory to the insurance business with a focus on regulatory compliance. Responsibilities include advising on local regulatory requirements, overseeing compliance risks for new products and services, and maintaining strong relations with regulators. The candidate will support regulatory inspections, governance reporting, and compliance with corporate governance guidelines. They must have strong communication skills, the ability to interpret complex data, and the ability to influence senior stakeholders.

Job Responsibility:

Provide compliance advisory to the insurance business through proactive and practical advice, with focus on regulatory compliance matters, covering local regulatory requirements, expectations as well as the bank policies and framework
Exercise risk stewardship challenge relating to Compliance risk taxonomies & incident management, such as in governance forums and through effective issue management, foster a strong compliance culture with business risk and control owners
Promptly communicate new regs or changes in regulations that have impact on insurance business, including keeping abreast of key local regulatory change and oversight on business’ development of appropriate policy and framework to manage to the changes
Actively participate and engage with risk and control owners in managing the new product and services development, to ensure that potential compliance issues are properly addressed at the early stage
Identify regulatory compliance issues timely, with a view to resolve them promptly to ensure compliance risks are addressed and mitigated. Report and escalate material issues to relevant stakeholders and management from time to time
Maintain strong relations with regulators and industry bodies, including oversight on regulatory inspections and responding to any regulatory compliance queries from regulators. Prepare and furnish governance reports related to regulatory compliance matters and think critically to challenge any business inputs to these reports, to local, regional and head offices as required
Develop strong communication and working relationship within other stakeholders within the insurance and banking compliance counterparts in country and ASP/Group to ensure implementation of regulations, new policies and standards of the bank and other related requirements. Maintain and observe all HSBC control standards and implement and observe the Group Compliance Policy, including the timely implementation of recommendations made by internal/external auditors and external regulators pertaining to regulatory compliance function
Provide advisory support on MAS corporate governance related regulations such as appointment of key executive persons, individual accountability and conduct guidelines requirements

Requirements:

To hold degree (Business, Accounting or law) with strong relevant experience with insurance industry preferred, or a seasoned compliance professional in the financial service industry in a similar role. Audit background with understanding of regulatory compliance can also be considered
Compelling communication and inter-personal skills, with experience in dealing with stakeholders at all levels, particularly senior stakeholders, including able to articulate the case for risk management and policy in the language of business
Ability to develop practical solutions to complex issues and work independently yet seek direction collaboratively when needed
Experience of dealing with regulatory matters and confident interaction with Regulators
Experience of interpreting complex information/ data and provide succinct summary for management. Experience of working within a matrixed environment preferred including reporting internationally
Ability to execute excellence at work, inspire team motivation/ commitment and contribute to joining up with the other teams in Risk and Business within Singapore

What we offer:

Continuous professional development
Flexible working
Opportunities to grow within an inclusive and diverse environment

Additional Information:

Job Posted:
September 27, 2025

Expiration:
October 12, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Senior Vice President, Regulatory Compliance

HSBC

Location:Singapore, Singapore

Category:Finance

Contract Type:Employment contract