Total 3 job vacancies by Bank Of Taiwan

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.

Job Description

• Keep abreast with regulatory changes, and assist the Compliance Manager in managing, monitoring, and reporting new regulatory changes to local Management and Head Office.
• Updating of local SOPs to comply with current/new regulatory requirements.
• Perform periodic compliance reviews and/or testing for compliance monitoring purposes of policies and procedures.
• Review and validate the quality of the Customer Due Diligence (CDD) and Know Your Customer (KYC) information on the bank's customers, in line with policies, at onboarding and periodic reviews.
• Provide advice to relevant business and support functions on compliance, KYC/CDD issues.
• Other ad-hoc tasks and projects as assigned by the Compliance Manager.

Requirements

• A recognized University Degree.
• Experience in KYC/client onboarding/periodic review role.
• Meticulous and detail oriented.
• Possess strong analytical, written, and verbal communication skills.
• Proficiency in Mandarin is an advantage as the role requires some understanding of documents in Mandarin from Head Office.
• Previous experience working in Banks will be an added advantage.

Job Description

• Review and validate the quality of the Customer Due Diligence (CDD) and Know Your Customer (KYC) information on the bank's customers, in line with policies, at onboarding and periodic reviews.
• Keep abreast with regulatory changes, assist the Compliance Manager in managing and monitoring new regulatory changes as well as updating SOPs to comply with regulatory requirements.
• Provide advice to relevant business and support functions, on compliance, KYC/CDD issues.
• Assist with CRS validation and reporting.
• Carry out periodic testing of relevant policies and procedures, to ensure that they are being correctly carried out.
• Other ad-hoc tasks and projects as assigned by the Compliance Manager.

Requirements

• A recognized University Degree.
• Experience in KYC/client onboarding/periodic review role.
• Meticulous and detail oriented.
• Possess strong analytical, written, and verbal communication skills.
• Proficiency in Mandarin is an advantage as the role requires understanding documents in Mandarin from Head Office.
• Previous experience working in Banks will be an added advantage.