VP, Regional Compliance, Asia Pacific

Overview

You desire impactful work.

You’re RGA ready

RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A brief overview

The VP, Head of Compliance, Asia Pacific leads and manages various aspects of regional Compliance within the region partnering with business leadership in region. Serving as a strategic partner to business teams as they develop new service offerings, obtain, or expand client engagements, respond to regulatory changes, and resolve contractual issues – all of which require collaboration with business colleagues across the region. Working closely with the Chief of Compliance, lead and execute strategic Compliance initiatives within region. The VP is a key subject matter expert who directs second-line of defense activities which provide compliance assurance to RGA. The VP will be responsible for implementing the Compliance Framework, consistent with global compliance standards and applicable regulatory guidelines. Additionally, they will oversee responsibility for the GEC Compliance second-line Assurance Plan in the region. They will also manage specific projects related to complexity with Reinsurance transactions for onshore and offshore entities, significant transactions, licensing and other related Compliance projects partnering closely with the in-market Compliance teams around the region.

What you will do

• Interpret and provide insight on regulatory regimes applicable to RGA and other services providers in the life insurance and reinsurance industry
• Development and implementation of compliance related matters in accordance with GEC procedures and schedule within the effective timeframes. Develop, communicate, and execute the Annual GEC Assurance Plan within the region
• Point person with regard to personal information protection and regulations, within Compliance to coordinate across jurisdictions as it relates to cyber security and government reporting
• Monitor, modify, and report to senior management on processes, enhancements, prioritization, and progress of the Assurance Plan. Approve second-line assurance assessment documents and procedures, including annual assessment plans, activity inventory, program documentation, reports, and management action plans. Support assurance workforce members in collaborative meetings by scheduling, attending, and / or intervening when necessary
• Evaluate controls, policies, and processes for scalability, effectiveness, and efficiency. Collaborate across the matrix to assess enterprise impact, ownership, and management action plans of completed assessments while identifying emerging risks or trends
• Ensure assessment scope, observations, recommendations, and findings are appropriate, clearly communicated, and escalated when required
• Develop professional relationships and recurring communication channels with Internal Audit, Enterprise Risk Management, Global Legal Services, the region COO and Global Risk Services leadership on risk-related topics
• Review enforcement actions, regulatory bulletins, association newsletters, and supervisory announcements to identify and investigate new or emerging regulatory requirements. Communicate such risks to internal stakeholders and SMEs. Perform surveillance over and analyze key operational and risk reports to identify systemic red flags that require additional investigation and / or escalation. Collaborate cross-functionally across the Enterprise to support the implementation of policies, systems, and programs that drive organizational compliance with relevant laws, regulations, and standards
• Provide up-to-date and accurate Compliance advice on corporate matters related to reinsurance transactions and other commercial activities. Conduct due diligence on potential investments, assessing Compliance risks, and proposing mitigating strategies. Collaborate with internal legal teams and external legal counsel to ensure seamless execution of transactions
• Stay abreast of relevant laws, regulations, and industry trends to ensure compliance across the region markets

Qualifications

What you can expect from RGA :

Gain valuable knowledge from and experience with diverse, caring colleagues around the world.

Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.

Join the bright and creative minds of RGA, and experience vast, endless career potential.

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