Position Overview
We are seeking an experienced Compliance Officer to oversee and ensure adherence to regulatory requirements, policies, and procedures in accordance with MAS guidelines. The ideal candidate will have a strong understanding of futures trading, and leverage FX, along with a keen eye for detail and a proactive approach to compliance matters.
Key Responsibilities
• Regulatory Compliance: Ensure full compliance with MAS regulations, rules, and guidelines pertaining to capital markets products.
• Policy Implementation: Develop, review, and implement compliance policies, procedures, and controls to mitigate risks and ensure adherence to regulatory standards.
• Monitoring and Reporting: Conduct regular monitoring, surveillance, and audits to identify and address any compliance issues or potential risks.
• Training and Education: Provide compliance training to staff members on relevant regulatory requirements and updates.
• Internal Advisory: Serve as a key point of contact for internal queries related to compliance matters, offering guidance and support to various departments.
• External Communication: Interface with regulatory authorities and external auditors as necessary, ensuring timely and accurate responses to inquiries and reporting requirements.
• Risk Assessment: Conduct risk assessments and assist in the development of risk management strategies to maintain a robust compliance framework.
• Stay Updated: Keep abreast of regulatory changes, industry trends, and best practices to ensure the firm's compliance practices remain up-to-date and effective.
Qualifications and Skills:
• Bachelor’s degree in Finance, Law, Business Administration, or related field. Advanced degrees or certifications (e.g., CAMS, ICA Diploma in Compliance, etc.) is a plus.
• Minimum of 5-8 years of experience in compliance within the financial services industry, specifically in MAS-regulated entities dealing with futures and leverage FX.
• Comprehensive knowledge of MAS regulations, guidelines, and best practices related to capital markets, futures, and leverage FX.
• Strong analytical skills and attention to detail with the ability to interpret and apply regulatory requirements effectively.
• Excellent communication and interpersonal skills to interact with various stakeholders, both internally and externally.
• Proven ability to work independently, prioritize tasks, and handle multiple projects simultaneously.
• Ethical conduct and integrity, maintaining confidentiality and professionalism in all matters.
