Head of Pension Compliance - Insurance

As the Head of Pension Compliance, you will lead and oversee the pension compliance function across the company’s Hong Kong business operations. You will be responsible for ensuring strict adherence to the Mandatory Provident Fund Schemes Ordinance (MPFSO), guidelines issued by the Mandatory Provident Fund Schemes Authority (MPFA), the Insurance Authority (IA), and other relevant regulatory bodies.

In this strategic role, you will act as the key advisor on all pension-related compliance matters, manage regulatory relationships, implement robust compliance framework initiatives, and safeguard the business from legal, regulatory, and reputational risks.

Key Responsibilities

1. Strategic Leadership & Compliance Management

• Lead and mentor the Pension Compliance team to foster a strong culture of compliance and ethical conduct.
• Maintain and update the organization’s pension compliance strategies, policies, standards, and manuals in alignment with regulatory changes and company strategy.
• Serve as the primary subject matter expert (SME) on MPF and ORSO (Occupational Retirement Schemes Ordinance) products, sales practices, and operational compliance.

2. Regulatory Oversight & Advisory

• Monitor, analyze, and interpret regulatory developments (e.g., MPFA updates, eMPF Platform integration, IA guidelines) and assess their operational and strategic impact on the business.
• Provide clear, actionable advice to business units, product development, operations, and senior executive management regarding pension products and distribution channels.
• Ensure smooth integration and ongoing compliance with Hong Kong’s eMPF Platform ecosystem and digital transformations.

3. Regulatory Engagement & Reporting

• Serve as the primary point of contact for the MPFA, IA, and other relevant regulatory authorities on pension-related inquiries, audits, and statutory filings.
• Prepare, review, and submit timely regulatory returns, notifications, and compliance reports to executive committees and regulatory bodies.
• Lead regulatory examinations, inspections, and internal/external audits focused on pension operations.

4. Training & Culture

• Design and deliver mandatory compliance training programs for internal staff and licensed pension intermediaries/agents.
• Promote continuous awareness of regulatory requirements, ethical standards, and market best practices across the organization.

Key Qualifications and Requirements:

• Bachelor’s degree in Law, Finance, Business Administration, Risk Management, or a related discipline.
• 14+ years of progressive experience in legal, regulatory, or compliance roles within the financial services sector, with at least 5 years specializing in Hong Kong pension/MPF compliance.
• Prior experience in a leading life insurance company, MPF trustee, or pension scheme sponsor in Hong Kong is strongly preferred.
• Proven track record of direct interaction with Hong Kong regulators (MPFA, IA, SFC).
• Deep expertise in Hong Kong pension regulations (MPFSO, ORSO, MPFA Code of Conduct) and life insurance regulatory frameworks.
• Outstanding leadership, stakeholder management, and strategic thinking capabilities.
• Excellent analytical, problem-solving, and communication skills.
• Fluent in written and spoken English and Cantonese (Mandarin is a plus).