Key Responsibilities:
- Assist Branch Management in developing and enhancing compliance policies and procedures to ensure a robust Compliance Framework in place.
- Provide compliance advisory support to the Branch Management in the discharge of their Compliance duties.
- Ensure timely submission of Compliance Review Reports to Management and other reports to Head Office.
- Supervise Compliance team review of the Branch’s business activities to ensure strict regulatory compliance.
- Supervise Compliance team preparation of Quarterly Compliance Report before submission to Management.
- Work closely with internal auditors, external auditors and MAS pertaining to regulatory and compliance-related matters.
- Implementing Anti-Money Laundering & Countering Terrorist Financing (AML) measures and reporting of suspicious transactions to the appropriate Authorities, in consultation with Branch Management.
- Ensure timely update of Compliance Manual.
- Convene Risk Management and Compliance Committee meetings required under the terms of reference.
- Conduct Compliance Orientation for new staff and annual AML Refresher Training for all staff.
- Co-ordinate drafting and updating of the branch Business Continuity Plan.
- Carry out any other tasks as assigned by Branch Management.
Key Requirements:
- Bachelor Degree in related discipline
- At least 8 years of relevant Compliance experience in a financial institution
- Professional qualifications in Compliance will be an added advantage
- Demonstrated leadership and strong people engagement skill
- Good knowledge in regulatory and governance requirements
- Strong communication skills, ability to converse and read and write in Chinese as some agreements and HQ documents are in Chinese and need to liaise with Mandarin speaking HQ colleagues
