AVP - Regulatory Compliance and AML/ABC

About the Company

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Responsibilities

• Improve the insurance sales process across all stages of the sales lifecycle.
• Oversee regulatory compliance and sales conduct team and coordinate with HODs to ensure tasks are completed as planned.
• Review and manage reports submitted to Group Compliance and regulators in a timely manner.
• Set up compliance programs and procedures to prevent, monitor and detect potential mis-selling or misconduct.
• Coordinate, build and maintain relationships with regulators and Group Compliance; attend relevant meetings and provide compliance consultations to colleagues.
• Prepare reports for management, committees, Group and company directors.
• Prepare the annual compliance plan relating to regulatory compliance, market conduct, AML/ABC and financial crime for Head of Compliance, CEO, Regional Compliance and Audit Committee review and approval, and complete related activities within timelines.
• Lead effective implementation of end-to-end AML/ABC/financial crime framework from policy drafting to training and awareness, and ensure required training is delivered at required intervals.
• Submit Management Information reporting and carry out relevant analysis.
• Deal with outsourcing due diligence and manage corrective action plans and timelines (if any).
• Supervise, coach and manage subordinates to develop knowledge and skills following Performance Management to achieve objectives; comply with assignments from Head of Compliance and/or CRO.

Additional Information

Prudential is an equal opportunity employer. We provide equality of opportunity and benefits irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers and allow for reasonable adjustments to support people with individual physical or mental health requirements.