Reporting to the Risk and Compliance Manager, the incumbent is required to provide support for Risk and Compliance team day-to-day operations. This includes interacting with various departments to provide guidance on compliance matters and implement/evaluate the efficiency of controls, identify risks or non-conformity issues from the regulator, Monetary of Singapore (MAS).
Responsibilities:
- Stay abreast of regulatory guidelines and Group requirements. Provides regulatory advice to business as required.
- Assist with group compliance monitoring assessment, audit, and annual gap analysis exercise.
- Complete the group Annual Risk & Control Assessment.
- Perform due diligence, AML, and sanction screening checks prior to onboarding new partners and continuous due diligence review for existing partners.
- Fulfill MAS requirement such as keep track of and prepare annual staff declarations, CPD hours and roll out annual compliance training etc.
- Provide 2nd level monitoring and management of compliance on internal policies and procedures, and information security.
- Identify inadequacies and weakness in systems and controls of compliance and Company’s functions and suggest improvements.
- Assist with or take charge of ad-hoc projects or tasks as may be assigned from time-to-time.
Requirements:
- Diploma in law, business, or related field.
- About 3-5 years of relevant compliance experience in a financial institution (preferably insurance).
- Professional certification such as ICA Diploma in Compliance would be advantageous.
- An analytical mind and good business sense, able to grasp the complexities of business nuances and balancing that with a keen sense of applicable regulations.
- Possess good communication and writing skills.
Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.
EA License No.: 01C4394 (PERSOLKELLY Singapore PTE LTD)
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