Our client, a leading foreign bank, is seeking a skilled Regulatory and Compliance Senior Officer (QFB) to join their team.
Main Tasks and Duties:
- Conduct the implementation of the branch compliance plan.
- Respond to regulatory authorities’ routine queries and coordinate completion of surveys and other requests for information.
- Develop and perform periodic compliance reviews.
- Investigate compliance breaches and customer complaints.
- Draft the annual compliance plan for HOD and management approval.
- Conduct compliance training and provide advisory on Banking Act, SFA, FAA, and other compliance matters.
- Implement and update compliance policies and procedures based on Head Office and local regulatory requirements.
- Prepare/review periodic reporting to local regulatory authorities, Head Office, and Management.
- Track/monitor changes and updates on local regulations, conduct briefings and discussions on implementation with relevant departments, and perform post-implementation reviews.
- Conduct annual regulatory risk assessments.
- Handle any other tasks or duties assigned by the Head of Department or the Company.
Job Requirements:
- Recognized bachelor degree or above, preferably in Business or a related discipline.
- At least 5 years of relevant experience in a regulatory compliance role.
- Experience in SFA/FAA advisory.
- Performed compliance review/compliance testing such as Balanced Scorecard Review, Private Banking Sales Advisory Review, Continuing Professional Development review, Fit and Proper Review, etc., or due diligence for new product onboarding/product variation of existing products.
- Working knowledge of the Banking Act would be advantageous.
- Strong knowledge of local rules and regulations.
- Good interpersonal skills to handle stakeholders across multiple departments.
Greenlane is a recruiting firm based in Singapore, specializing in banking, trading, tech, and other industries. Feel free to reach out to us via WhatsApp at +65 9188 0521.
EA Licence No.: 20C0261 | Registration No.: R2094847
