Job Description

Job Summary

• Singapore
• Permanent
• JN -062023-1940111
• Jun 16, 2023
• Competitive

Exciting opportunity to join a fast growing digital bank. In this role you will be part of the Compliance Assurance team to develop and execute assurance program for the bank.

As part of this growing team, you will work closely with the Head of Legal & Compliance to develop and execute an assurance program for the bank. They are seeking a confident and proactive individual with exceptional interpersonal and organizational skills, who can exercise sound judgment in a fast-paced environment. Your role will involve collaborating with a diverse range of stakeholders, including regulatory authorities and various internal departments. If you have a strong background in regulatory audit, compliance, or assurance, and possess a deep understanding of banking and fintech regulations in Singapore, feel free to apply!

Responsibilities

• Develop and implement a comprehensive compliance and AML assurance program to ensure adherence to applicable laws, regulations, and internal policies, effectively managing regulatory, licensing, AML/Sanctions, and privacy risks for the organization.
• Conduct regular proactive assessments of regulatory risks using a structured methodology.
• Execute compliance and AML reviews, evaluating Enterprise-Wide Risk Assessment outcomes and approach, monitoring issue resolution progress, and leading remediation initiatives to address non-compliant areas.
• Apply innovative compliance and AML testing solutions, leveraging data analytics, to optimize value and reduce costs associated with compliance activities.
• Deliver timely assurance reports and progress summaries to senior management and relevant stakeholders.
• Collaborate closely with internal teams and functions to ensure comprehensive compliance with regulatory and licensing requirements, enhance the control environment, and foster sustainable growth.
• Identify and communicate industry best practices, sharing insights with relevant groups and teams within the organization on an ongoing basis.

Requirements

• Have a minimum of 10 years of relevant experience in regulatory audit, wholesale banking audit, IT audit, compliance, or compliance assurance (strongly preferred).
• Possess extensive knowledge and skills in regulatory and compliance matters, with the ability to comprehend governance, processes, and controls.
• Familiarity with banking, payment systems/services, and the regulatory requirements pertaining to fintech in Singapore.
• Exhibit effective negotiation skills, proactive communication style, and the capacity to express independent viewpoints.
• Demonstrate the ability to work collaboratively and independently, navigating through the complexities of an organization.
• Proficiency in Mandarin is required to effectively communicate with stakeholders who speak Mandarin.

Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as notification that you have not been shortlisted.

Morgan McKinley Pte Ltd EA Licence No: 11C5502 | EAP Registration No: R1549612 Dhanushi De Silva

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