AVP, Compliance and Business Control, SPDA

Job Responsibilities

• Proactively identify areas for improvements and assist to implement/enhance procedures, processes, internal controls to strengthen the first line of defence for offices under APAC and East Asia region.
• Evaluate internal controls and compliance programs through compliance monitoring and training sessions.
• Perform independent surveillance on existing process and internal controls
• Assess training needs, develop and review training materials related to regulatory/compliance/internal policies/rules.
• Provide sound and coherent advice, interpretation and recommendation on compliance laws, rules, internal policies and procedures relating to new business, cross border marketing and licensing etc.
• Familiar with MAS regulations and relevant reportings
• Provide guidance and approvals to Front office regarding compliance and governance matters eg. Advertising/Presentation materials, Entertainment & Gifts, MNPI/COI information etc
• Assist to manage and co-ordinate internal and external audits including regulatory inspections and to follow upon any issues raised.
• Perform risk assessments to assess effectiveness of key controls designed to address business compliance risk.
• Promote stronger compliance culture and literacy in the department.

Job Requirements

• A university graduate
• At least 7-10 years of working experience within a compliance function in a financial institution
• Strong appreciation of compliance and governance structure
• Ability to prioritize and work effectively in a rapidly changing environment with the capacity to proactively anticipate, identify, prevent and resolve issues , within tight/ conflicting timelines
• Good interpersonal skills with ability to build partnerships within the bank to manage oversight of compliance risk
• High level of integrity, dependable, adaptable and committed with a high level of initiative