Intern, Regulatory Compliance & Compliance Testing
3 days ago
About Us
Green Link Digital Bank is Singapore's inaugural wholesale digital bank focusing on supply chain finance, mainly serving MSMEs and aiming to ..
About Us
Green Link Digital Bank is Singapore's inaugural wholesale digital bank focusing on supply chain finance, mainly serving MSMEs and aiming to help MSMEs grow and improve digitization.
The Intern (Regulatory Compliance & Compliance Testing) will be responsible for ensuring the bank adheres to all relevant regulatory requirements, internal policies, and regulatory standards. This role involves conducting compliance testing, identifying risks, and providing regulatory analyses to ensure that the bank complies with all relevant regulations. The ideal candidate will possess a strong understanding of banking regulations, legal frameworks, and compliance testing methodologies.
Key Responsibilities
1. Compliance Testing
- Develop and execute compliance testing plans to ensure adherence to regulatory and internal bank standard, policies, and processes.
- Identify gaps and deficiencies in processes and recommend corrective actions.
- Document findings and prepare detailed reports for management.
- Monitor the implementation of corrective actions and ensure compliance with agreed timelines.
2. Regulatory Compliance
- Assist in the implementation of a comprehensive compliance-matrix to ensure bank wide compliance with all laws and regulations, including gap analyses of business units’ controls.
- Advise on legal and regulatory matters affecting the bank’s operations.
- Assist in handling regulatory inquiries, audits, and investigations.
- Stay updated on relevant banking laws, regulations, and industry practices.
3. Collaboration and Training
- Work closely with internal departments to ensure compliance with regulatory requirements.
- Support the Compliance Manager in developing and updating policies and procedures.
Requirements
- Student in a tertiary institution undertaking a degree in Law, Business Administration, Finance, or a related field.
- Interest in banking field, regulatory compliance.
- Keen to explore digital assets such as blockchain and cryptocurrencies.
- Ability to work under pressure and meet deadlines.
- Team collaboration and interpersonal skills.
- Proactive and results-driven approach.
- Able to commit to a minimum of 3 working days per week for a duration of 6 months.
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