Director, Group Compliance

About FWD Group

FWD Group is a pan-Asian life and health insurance business that serves approximately 30 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance.

For more information, please visit www.fwd.com

PURPOSE

A key role in the Corporate Compliance team of Group Compliance to partner with Group and relevant BU functions in relation to the implementation of Data Privacy programme, Statutory training and regulatory technology (RegTech) tools.

KEY ACCOUNTABILITIES

Privacy

• Advise and provide guidance to Group and BU functions and key stakeholders on data privacy requirements to ensure compliance with our relevant obligations

• Act as key person to drive maturity of privacy programme across the group through discussions with senior management and relevant stakeholders

• Conduct and, or coordinate data privacy risk and control assessments

• Conduct privacy knowledge sharing and training

• Oversee and review data privacy assessments and monitoring work performed by local Compliance teams

• Identify key data privacy, impact of control breakdowns and advising on remediation and enhancement to relevant key and senior stakeholders

• Keep abreast of major data privacy regulations across the region and understanding how they apply to FWD operations

Statutory Training

• Take a significant role in sharing knowledge and supporting development of group-wide statutory training and awareness campaigns

• Oversee and monitor completion of mandatory training courses

• Coordinate and assist local Bus with localisations of training modules

RegTech Implementation

• Develop group-wide regtech tools, including but not limited to, lead, manage, and facilitate privacy and training-related system implementation/enhancement projects across the Bus to standardize minimum data privacy practices

• Responsible for liaising, negotiating and securing senior leadership buy-in for any regtech implementation

QUALIFICATIONS / EXPERIENCE

• 8-10 years of experience in Compliance in Insurance

• Tertiary education and relevant professional education

• Experience in establishing, developing and managing privacy programme/frameworks

• Good track record in privacy monitoring and reporting

• Familiarity with regtech tools, systems and programs

• Experienced in the ongoing monitoring and measurement of the effectiveness of compliance programs in privacy areas is mandatory for this role

KNOWLEDGE & TECHNICAL SKILLS

• Solid privacy and training management and leadership experience

• Good understanding of the Insurance regulatory environment for privacy across Asia.

• Working knowledge of applicable laws and regulations.

• Outstanding written and verbal communication and interpersonal skills

• Creative and able to simplify relevant regulatory guidelines and standards