KEY RESPONSIBILITIES
- Develop an annual calendar of compliance as per MAS rulebook and identify the GTNFS staff responsible for submission of the compliance requirements.
- Review and follow through on all compliance submissions by GTNFS staff to the concerned regulators
- Advise GTNFS on compliance requirements for new markets, countries (APAC or otherwise) in areas of transactions, specific regulatory filings, tax compliance etc in consultation with relevant third party service provider(s) where appropriate.
- Liaise with regulators in case of any non-compliance observed within GTNFS and resolve the reported matter with the concerned regulator.
- Review compliance within GTNFS to AML/KYC and CDD requirements (update and implement the policies and procedures regarding the above 3 items.
- To keep abreast with latest relevant laws and regulations required to ensure that the business units are aware of the new rules and regulations and conduct compliance training for staff.
- To deliver compliance advisory in a professional manner to ensure that the business unit complies with applicable rules and regulations.
- To be able to partner business and provide solution from regulatory perspective to achieve the intent of the rules and regulations
- Prepare an annual compliance monitoring program as per regulations of the MAS and the SFA and ensure monitoring is conducted according to the program. Any issues are notified to management and Board.
- Prepare reports to the Senior Management on breaches of relevant rules & regulations on a regular basis.
- Liaise with the Monetary Authority of Singapore and relevant stakeholders to ensure that all enquiries with regulators are promptly addressed.
- Update & Coordinate business units on matters related to FATCA, CRS or any other new regulations. Work with relevant business stakeholders to implement regulations/policies/procedures, etc.
REQUIREMENTS
- Minimum of 8 years’ compliance experience preferably has been functioning for a few years as the Head of Compliance/Compliance Manager within financial services institutions.
- Professional qualifications in Compliance will be an added advantage.
- Demonstrated leadership and strong people engagement skills.
- Good knowledge in regulatory and governance requirements.
- Passionate, results-driven and a team player.
- Excellent reporting and communication skills.
- Excellent intercultural and interpersonal skills, to effectively maintain working relationships with all stakeholders.
- Fluent in English. Good command of other Asian languages is an advantage.
- Bachelor’s degree or the equivalent combination of education, training, or work experience.
