Associate VP (Business Control) - Sumitomo Mitsui Banking …, Singapore

Proactively identify areas for improvements and assist to implement/enhance procedures, processes, internal controls to strengthen the first line of defence for offices under APAC and East Asia region. Evaluate internal controls and compliance programs through compliance monitoring and training sessions. Perform independent surveillance on existing process and internal controls Assess training needs, develop and review training materials related to regulatory/compliance/internal policies/rules. Provide sound and coherent advice, interpretation and recommendation on compliance laws, rules, internal policies and procedures relating to new business, cross border marketing and licensing etc. Familiar with MAS regulations and relevant reportings Provide guidance and approvals to Front office regarding compliance and governance matters eg. Advertising/Presentation materials, Entertainment & Gifts, MNPI/COI information etc Assist to manage and co-ordinate internal and external audits including regulatory inspections and to follow upon any issues raised. Perform risk assessments to assess effectiveness of key controls designed to address business compliance risk. Promote stronger compliance culture and literacy in the department. Job Requirements A university graduate At least 7-10 years of working experience within a compliance function in a financial institution Strong appreciation of compliance and governance structure Ability to prioritize and work effectively in a rapidly changing environment with the capacity to proactively anticipate, identify, prevent and resolve issues , within tight/ conflicting timelines Good interpersonal skills with ability to build partnerships within the bank to manage oversight of compliance risk High level of integrity, dependable, adaptable and committed with a high level of initiative