Job Description

We are seeking a suitable candidate who is proactive and meticulous as one of the key members in (1st line) Compliance Risk Management team of Global Corporate Banking and Investment Banking Divisions. In this capacity, the individual will update and maintain the 1st line compliance framework & SOP, conduct reviews & monitoring of clients\xe2\x80\x99 communication documents, coordinate first-line compliance projects & periodic risk assessment, coordinate/conduct first-line compliance trainings, participate as a member of the regulatory compliance workgroup led by Regional and Singapore Compliance Office (2nd line), and other compliance support tasks. This role is also suitable for those with Audit and/or Compliance experiences in 2nd or 3rd line of defence in Financial Institutions specialising in Corporate Banking and/or Investment Banking who look to have a career switch to 1st line of defence to broaden the business/product knowledge.

Key Responsibilities: The position encompasses the following duties:

• Coordinating compliance projects & implementation of compliance initiatives/program;
• Conducting business compliance checks (e.g. marketing materials) and follow-up with respective staff for any findings or potential risk identified;
• Assisting in data extraction and analysis as and when required by 2nd line Compliance and/or regulator (e.g. MAS);
• Performing periodic compliance monitoring tasks e.g. sampling check, gap analysis, risk identifications & mitigations;
• Coordinating Annual Global Financial Crime Risk Assessment (GRA) by extracting, analysing and calibrating data for reporting;
• Coordinating & reviewing Annual Risk and Control Self-Assessment (\xe2\x80\x9cRCSA\xe2\x80\x9d or Operational risk assessment);
• Coordinating Annual Product Risk Assessment;
• Checking accuracy and completeness of Business\xe2\x80\x99 submissions (e.g. regulatory returns, regulated products);
• Assessing impact of changed or new policies & procedures to Business lines and disseminating relevant changes, circulars & broadcasts to business lines;
• Advising Business on Compliance-related matters;
• Updating/Maintaining departmental SOP related to business compliance & regulatory requirements;
• Coordinating with various business lines for compliance trainings/ conducting introductory trainings as and when required;
• Monitoring and tracking of APAC compliance and audit issues, following up on action plan implementation to ensure issues closed in a timely manner;
• Providing administrative support to department Head;
• Carrying out ad-hoc tasks assigned by department Head and the Managements.

• Minimum Bachelor Degree in Banking, Finance or Accountancy
• Min 3 years of Compliance /KYC/AML or internal control or audit experience with exposure in Corporate Banking and/or Investment Banking
• Good grasp of MAS/Banking regulations is a plus
• Experience in MS Office (Excel and Powerpoint)
• Experience in Corporate and investment banking is a plus
• Good grasp of MAS/Banking regulations is a plus
• Strong analytical and organization skills, keen eye for details, able to manage multiple projects/tasks simultaneously, result-oriented, a team player
• Good communication and writing skills (English)