Assistant Vice President, Compliance Advisory

Singapore, Singapore

Job Description


Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we\xe2\x80\x99re 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world\xe2\x80\x99s most trusted financial group, it\xe2\x80\x99s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Job Responsibilities:

Advisory

To provide sound regulatory & policy advice and work with relevant stakeholders to co-develop risk-proportionate, pragmatic & cost-effective solutions that balances regulatory and business requirements. Key stakeholders are the Regional and Singapore Branch departments based in the Singapore office \xe2\x80\x93 including but not limited to, Branch Management, Regulatory Affairs, Human Resources, Technology, Operations, Risk Management, Financial Accounting, Legal & Internal Audit.

To work in close partnership with other ACO Subject Matter Experts (\xe2\x80\x98SMEs\xe2\x80\x99) for the successful delivery and implementation of global/regional programs, including the Compliance Centres of Excellence (\xe2\x80\x9cCOE) based in India.

To provide the appropriate review, challenge & approval as required, to ensure the Bank\xe2\x80\x99s ongoing compliance with regulations and policy requirements.

To participate at relevant governance forums such as the monthly Outsourcing Committee (OC) meetings, chaired by Singapore Risk Management team.

To review Privacy Impact Assessment (\xe2\x80\x9cPIA\xe2\x80\x9d) and Cross Border Data Management (\xe2\x80\x9cCBDM\xe2\x80\x9d) assessments submitted by the Corporate Sectors & Support Units in support of the Global Efficiency Initiatives relating to offshoring & outsourcing initiatives.

Where required, assist the team leads in conducting compliance assessment or review of business activities and queries pertaining to the Singapore Branch based on MAS requirements and Bank\xe2\x80\x99s compliance policies and procedures.

To support projects, initiatives or take on added responsibilities, as required by ACO Management or Singapore Compliance Officer.

Branch Governance & Reporting

On a rotational basis, to take on role of the primary contact point for the management of the monthly Singapore Compliance Committee meetings (\xe2\x80\x9cCCM\xe2\x80\x9d). This includes scheduling meetings, organising internal timelines and drafting &/or collating the Management Information (\xe2\x80\x9cMI\xe2\x80\x9d) reporting from various teams within ACO to facilitate the preparation of the CCM materials, performing reasonableness review of the consolidated CCM materials, preparing CCM minutes, etc.

To work in partnership with colleagues from other teams in ACO &/or Head Office in the construction of Core Compliance CRA/MI reporting to ACO management, local branch management and any other local governance committees where necessary. Monitor action plans to ensure compliance gaps are closed promptly to mitigate compliance risk.

Prepare MAS regulatory reports that are under ACO\xe2\x80\x99s responsibility for submission to the MAS.

To coordinate and collate the Core Compliance responses for the relevant regulatory queries and for internal/external audit.

To support compliance reporting to the Head Office as required.

Job Requirements:

Degree qualified or any other tertiary qualification

Minimum 3 to 7 years of regulatory compliance experience at a financial institution in Singapore.

Good appreciation and broad-based understanding of banking and financial regulations in Singapore (Banking Act, Securities & Futures Act, Financial Advisers Act, Personal Data Protection Act) \xe2\x80\x93 Preferably with focus in Outsourcing, Third Party Risk Management, Data Protection & Privacy, Technology and Operations as well as general governance, risk management & compliance related regulations will be advantageous.

Confident. Have strong analytical & interpersonal skills and be able to persuade and communicate (verbal and written) effectively with stakeholders across various functions and seniority levels.

Strong project management & organisation skills whilst being meticulous, task oriented to effectively manage various timelines.

Ability to work both independently and as part of a team. Positive attitude, driven, motivated, and proactive in supporting the team\xe2\x80\x99s compliance deliverables. Ability to thrive in a changing environment and remain resilient under pressure.

We regret to inform that only shortlisted applicants will be notified.

MUFG Bank Ltd & MUFG Securities Asia Limited (collectively referred to as \xe2\x80\x9cMUFG\xe2\x80\x9d) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.

MUFG

Beware of fraud agents! do not pay money to get a job

MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Job Detail

  • Job Id
    JD1327410
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned