Job Description

The Japan Research Institute (JRI) Limited is a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC) Group. SMBC Group is a Tokyo-based bank holding company that is ranked among the largest 25 banks globally by assets under management. JRI provides comprehensive, highly value-added information services through the coordinated application of its 3 functions i.e. information systems, consulting and think-tank. As a system integrator, JRI offers services in IT strategy planning, implementation and outsourcing to a broad range of industries and activities. JRI Singapore currently supports the overall IT functions of Sumitomo Mitsui Banking Corporation (SMBC) in the Asia Pacific region.

The Role

The Compliance Specialist is responsible to ensure the Company complies with external regulations, legal requirements and its internal policies. He/she will work closely with various stakeholders to identify risk areas and implement effective compliance policies and procedures.

Job Responsibilities

Audit

• Facilitate and support communications with internal/external audit in collaboration with respective departments
• Provide guidance to staff on managing requests from auditors
• Review adequacy of audit submissions by departments
• Follow up audit findings and lessons learnt from External and Internal Audit

Corporate Policy and Procedure

• Provide an independent oversight and observation
• Facilitate regular reviews of policy and procedure for alignment with regulatory requirements and implement best practices.
• Facilitate adoption of policy and procedure by departments

Training, Assessment and Monitoring

• Conduct and provide training on external regulations and relevant policies
• Ensure that all required trainings and due diligence checks are completed within schedule and maintain training records
• Evaluate and examine whether the activities performed by Business Units are effective, appropriate and compliant with key regulations
• Monitor expiry of any certificate, license and registration and ensure timely renewal
• Participate and provide support in compliance investigations
• Initiate and support Annual System Risk Assessments with respective System Managers and follow up on any identified risks for mitigation and closure.
• Initiate regular BCP tests and follow up actions

Handling Regulatory Related Matters

• Identify applicable laws and regulatory requirements
• Keep abreast of regulatory changes/updates and perform gap analysis for alignment of entity policy and procedures as needed
• Review and assess breaches flagged to compliance

Others

• Support Team Lead in providing guidance stakeholders on compliance matters
• Perform other duties as and when assigned

Job Requirements

• Bachelor\'s Degree in Law, Business Administration, Finance, Accounting, Information Systems or related field.
• Min. 3 years of relevant work experience in compliance, internal control, risk management or internal audit.
• Preferably with professional certifications such as CISA, CISM, CISSP, CIPP, CBCI, CRM, ICA, CA).
• Possess a strong understanding of Singapore laws, regulations (including MAS guidelines and notices) and relevant industry standards such as information processing and financial industries
• Preferably with working experience in financial services, IT industry in particular related to system development and integration
• Preferably with IT audit experience.
• Excellent technical writing and documentation skills
• Advanced skills in using Microsoft Office products
• Good appreciation for risk related subjects
• Strong communication, interpersonal and presentation skills
• Possess excellent analytical skills, attention to detail to ensure quality of deliverables
• Experience in operating and maintaining Crisis Notification System
• Effective communication and management of stakeholders
• A self-starter team player who can work proactively with minimum supervision
• Ability to multi-task, work under pressure and meet tight deadlines
• High level of integrity and takes accountability over work

Sumitomo Mitsui Banking Corporation