Assistant Vice President, Compliance

Reporting to the Head of Compliance & Information Security, this role supports our Head Office (HO) in Tokyo in helping our business units in Asia achieve the compliance objectives set by our MS&AD Group and MSIG Asia, and run their annual compliance and internal control programs.

Responsibilities

• Develop, update, implement, and maintain compliance, fraud, AML/CFT, and outsourcing policies, regulations, and guidelines, and annual compliance program regulations
• Enhance awareness of compliance and fraud prevention best practices by developing and sharing compliance training materials, publishing quizzes, and conducting annual compliance training and induction briefings for new employees
• Support in enforcing and monitoring compliance and information security (including outsourcing) in accordance with evolving insurance laws, regulations, risks, and the policies and guidelines set by the Group and Asia
• Review, monitor, and report on corrective and improvement measures related to audit and self-check issues, fraud incidents, dishonest and unlawful acts, regulatory sanctions, AML/CFT/sanction suspicious transactions, non-compliance in outsourcing, and issues identified through the incident control process
• Mitigate the risks identified through Compliance Risk Assessments (CRA), Fraud Risk Assessments (FRA), Outsourcing Risk Assessments, AML/CFT Risk Assessments, and the review of risk registers and mapping
• Design, develop, enhance, implement, and maintain automated/digitalised compliance workflow management and reporting applications such as AML/CFT screening platforms with API integration capabilities
• Manage and execute the annual Internal Control Program (ICP/JSOX) for Asia
• Handle and manage the periodic reporting tools for regional monitoring, ensuring the accurate consolidation of results
• Prepare, refine, and finalise reports and documents for internal committee meetings
• Manage and provide guidance and advice on investigations related to fraud and/or related incidents, and whistleblowing procedures
• Lead and coach junior staff in compliance-related tasks, guiding them in resolving complex issues through close collaboration with the Head of Department
• Support the Head of Department to represent the company and articulate the Group’s direction in alignment with Head Office’s strategy
• Support the Head of Department in partnering with senior management to foster a culture of good governance to achieve sustainable business growth

Requirements

• Degree in Law, Finance, Accountancy or a related field
• Certifications in Audit, Compliance and/or Insurance is preferred
• Minimum 12 years of experience in regional compliance planning, strategy, operations, risk management, and project management within the insurance industry, including a minimum of 6 years in a middle management position
• Good knowledge of applicable regional laws and regulations, risks and controls (for compliance, fraud, anti-bribery, Outsourcing/information security, AML/CFT/sanctions), internal control methodologies and framework, and compliance trends and risks
• Experience with AML/CFT risk management and screening, with hands-on experience using platforms such as Refinitiv (World Check One) or Dow Jones
• Experience in managing digitalization and automation projects, and proficiency in Microsoft Office 365
• Experience in navigating Asian cultural contexts and business dynamics, enabling effective collaboration with our business units in Asia
• Skilled in managing and influencing stakeholders through advisory, presentations, and consulting
• Strong analytical and problem-solving abilities, paired with business acumen and strategic planning skills