Compliance Officer, Regulatory Compliance M/F, Singapore

TheRegulatoryComplianceteamisresponsibleforensuringtheBankmeetsallapplicableSingaporeregulatoryrequirementsacrossallareasincludingbutnotlimitedtolicensing,staffdealing,crossborderrequirements,accreditedinvestors, controlsandmonitoring,etc.

ReportingtotheHeadofRegulatoryCompliance,youwillberesponsible:

• Todevelop,implementandreviewtheComplianceMonitoringprograms(excludingAMLTransactionmonitoring)fortheBanksoastoensurethatallemployeesunderstandallapplicablein-countrylegalandregulatoryrequirementsgoverningtheirrespectivebusinesses
• Conductcompliancereviewsincludingsellingprocessreviewsandidentifygapsinthereviewsandprovidesolutionstoaddressthosegaps
• Provideregulatoryadvicetothebusinessline,middleofficeandotherrelevantstakeholders
• Providetraining,supportandguidancetotheemployeesoftheBankonregulatoryandcompliancematters
• Plan,manageandundertaketheBank’sComplianceprojectsinrelation to the Bank’sbusinesswhichmaybeassignedbythesupervisorfromtimetotime.

In the course of carrying out the above responsibilities, the individual would be expected to be able to independently:

• Build a constructive and effective working relationship with the business line, Middle Office and all the Bank’s stakeholders who may be impacted or covered by, or involved in the implementation of Compliance policies and procedures
• Identify and resolve compliance issues (Whether in relation to the Bank’s products, businesses or otherwise) by recommending, and developing, implementing and maintaining compliance policies and procedures
• Co-ordinate his/her compliance efforts with those of the Bank’s global directives and initiatives
• Conduct on-going compliance induction and refresher training programs for the Bank’s employees
• Review and approve marketing materials, pitchbooks, website content, contracts and other Bank-related matters from a compliance perspective
• Develop compliance monitoring programs in response to new laws and regulations as well as new products and services where applicable
• Respond to law enforcement or regulatory requests and undertake necessary regulatory reporting and filings
• Report promptly to his/her supervisor any actual or potential compliance issues which may affect customer suitability, pose reputational, regulatory, legal and other risks to the Bank, or expose the Bank to potential losses, and recommend suitable courses of action to address these risks
• Ensure identified errors, improper conduct or compliance exceptions are brought to the attention of his/her supervisors and receive appropriate corrective action.