
Executive Director
1 week ago
The Executive Director plays a crucial role in ensuring compliance with industry regulations and standards. This position demands strong leadership, regulatory knowledge, and operational oversight.
- Supervise and monitor activities to ensure adherence to specified guidelines and requirements.
- File applications for removal or addition of authorized personnel.
- Ensure strict compliance with codes of conduct and regulations.
- Submit timely disclosures, returns, and information to the relevant authorities.
- Oversee insurance solicitation activities and ensure compliance requirements are met.
- Act as single point of contact for inspections and compliance-related matters.
- Verify compliance of authorized personnel and ensure solicitation is carried out by qualified individuals.
- Address and resolve customer grievances efficiently.
This role requires:
- A bachelor's degree in any field or professional qualifications (MBA, Actuaries, CII London, IIRM, ICAI, ICSI, CFA/CAIIB).
- 50 hours of training + passing the prescribed exam (if not holding a professional qualification).
- 25 hours of training + exam for recognized professionals.
- Certification valid for 3 years.
- Fulfill additional regulatory requirements such as minimum capital, deposits, professional indemnity insurance, infrastructure, staffing, and fit & proper declaration.
The ideal candidate should possess:
- Strong knowledge of industry regulations and compliance frameworks.
- Leadership and supervisory skills.
- Excellent communication and reporting abilities.
- Customer grievance handling and resolution skills.
- Ability to coordinate effectively with regulatory authorities.
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