Job Description:
SeaMoney is a part of Sea Group, a leading global consumer internet company. SeaMoney's mission is to better the lives of individuals and businesses in our region with financial services through technology. SeaMoney's offerings include mobile wallet services, payment processing, credit offerings, and related digital financial services and products. These are available in seven markets across Southeast Asia and Taiwan under various brands, including SeaInsure, ShopeePay, SPayLater, and other brands.
Job Description:
- Manage and enhance the compliance framework as required by the regulators
- Be the regulatory liaison with regulatory authorities on behalf of the business units of the insurance brokerage
- Act as the gatekeeper for business units on regulatory compliances, rules and operational standards
- Manage the adoption and localization of internal group policies to the insurance brokerage entity under the applicable Philippines regulatory framework.
- Implementation of compliance programs for regulatory compliance, for example, Outsourcing and Data Privacy
- Administration and governance of the company compliance programs
- Work collaboratively with country and HQ corporate, regulatory and contract legal teams to implement and enhance the necessary compliance frameworks
- Communicate regulatory/ industry updates and implications to business teams
- Prepare and support the cyclical regulatory submissions and audits, where applicable
- Conduct regular reviews of the operational and system processes and suggest enhancements.
Requirements:
- At least 6 - 10 years work experience in compliance and legal functions in a local financial institution, preferably in the insurance industry (insurance company, insurance brokerage or insurtech company)
- Possess in depth and updated understanding of the regulatory framework and directions for the insurance distributions or another financial services domain
- Specific Knowledge: Philippines corporate, AML and insurance laws, rules and regulations, corporate governance initiatives and policy development
- Be comfortable to get hands dirty and contribute independently, as well as working in a dynamic project team
- Open-minded and possess strong interest in FinTech, Digital Insurance and related regulatory innovations.
- Excellent interpersonal skills, verbal and written communication skills, comfortable communicating with business heads, senior management, Board of Directors, and the regulators
- Dynamic problem solver, resilient and possess no fear to challenge status quo
- Detail-oriented with strong organizational skills
- Must be willing to work in Podium, Mandaluyong
