The incumbent will primarily oversee the Compliance function (including AML/CFT matters). The scope of the role includes the following:
· Independently provide advice and support to management and staff on compliance related areas, rules and regulations as well as bank's internal policies and procedures.
· Carry out daily full spectrum of compliance work (Routine compliance review program, ad-hoc compliance review) as required.
· Keep abreast of relevant laws and regulations.
· Review and implement compliance policies, procedures and guidelines to meet local regulatory requirements.
· Conduct impact analysis on regulatory developments and communicate to relevant stakeholders.
· Deal with external parties (regulators, external counsel, clients) as required.
· Conduct regular compliance training.
Requirements:
- Sound knowledge of Banking Act, Banking Regulations and Notices issued by MAS is essential.
- At least 5-6 years’ experience in Compliance or audit function in the Singapore banking industry.
- Possess a recognised University Degree in Accountancy, Banking and Finance, Business or Law.
- Certification from an accredited institution (E.g. ICA or ACAMS) will be advantageous.
- Possess strong analytical, good interpersonal and communication skills. Co-operative team player.
- Proactive, meticulous and able to work independently.
- Proficiency in Chinese is essential as the incumbent is required to understand Chinese documents and prepare reports in Chinese.
