Howden Insurance Brokers (HK) Limited is part of the London-headquartered Howden Broking Group, a leading independent, global broker with offices in over 30 countries worldwide. It is the world’s largest majority employee-owned insurance group. Its regional footprint covers Hong Kong, Indonesia, Malaysia, Philippines, Singapore (regional headquarters), Thailand. Howden creates and services insurance programs across a diverse range of insurance and reinsurance specialisms on a global basis. We are professional insurance brokers who represent clients, not insurance companies. We act as an intermediary between clients and insurance companies, helping the former find the solution that best suits their needs in terms of risk management practices and financial controls, balancing premiums against a recommended level of cover. We are looking for a Manager to join our Compliance team. This individual will lead the Risk and Compliance function, playing a crucial role in ensuring adherence to all local laws, statutes, and regulations while balancing the needs of the business. The Manager will be knowledgeable about local regulatory requirements for insurance broking and financial institutions, ensuring that company policies and procedures remain current and effective. Additionally, this role includes providing thorough training to all employees to ensure compliance with all regulatory standards. YOUR ROLE AND RESPONSIBILITIES: Lead and oversee the Risk and Compliance functions, ensuring alignment with organisational goals. Develop and implement comprehensive policies and procedures for the compliance program, ensuring they meet local legal and regulatory standards. Review the Regulatory, AML, and Data Protection requirements, ensuring compliance with local insurance broking and financial regulations (e.g., IA and MPFA). Facilitate the process of regulatory inspections and external/internal audits. Prepare and present compliance reports to senior management and the board, outlining compliance status, risks and recommendations. Serve as the primary point of contact for regulator, managing communications and ensuring timely responses to regulatory inquiries. Work closely with business units and the executive management team to provide strategic leadership and high-level compliance advisory. Oversee and enhance the effectiveness of screening processes, such as ComplyAdvantage. Promote a culture of compliance by disseminating updated information and conducting strategic training sessions for staff. OUR IDEAL CANDIDATE WILL BE: Degree holder in Business, Law, or other related disciplines. A minimum of 8 years’ working experience in legal/compliance/risk management related area. Experience in insurance or the financial industry will be an advantage. Sound knowledge on KYC/AML/CTF framework, insurance ordinance and compliance practices. Excellent communication skills in both English and Chinese. High integrity, meticulous, organised, and able to multi-task. Effective team player, capable of communicating well with various stakeholders. Proficiency in MS Office Suite. YOUR BENEFITS AND SALARY: Commensurate with qualification and experience Working in a collaborative and upbeat environment with development opportunities Yes, we offer all the usual rewards and benefits – including
hybrid working, free beverage in workplace, competitive compensation, birthday leave, employee stock options and more
– but we know you expect all that. What you might not expect is a job where everyone has a voice, where volunteering in the community is part of the day job, and where everyone is encouraged to play a part towards our sustainability goals. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community. Howden starts with people
– a culture driving force in our work, pushing us to create a company we’re proud of. One that leverages the power of insurance to shape a better future, for our clients and our communities. Our culture: People first We have seen time and again that when we give our teams the space to perform and the support to grow, our clients reap the rewards. Diversity & Inclusion We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances. If you are interested in the above role, please send your Curriculum Vitae with full career details, availability, current and expected salary to us. (Data collected will be used for recruitment purpose only.) Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance Industries: Insurance and Insurance Agencies and Brokerages
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