Vice President, Private Wealth Compliance Officer (Securities), Singapore

This is a dual hatted role and will entail reporting to the Team Lead of Private Wealth Compliance in Nikko Securities and Team Lead of Compliance Team in SMBC Singapore.

• Provide advice to Private Wealth Business Unit and other stakeholders on regulatory matters including but not limited to investment suitability, licensing/ RNF matters, cross-border compliance, Personal Account Dealing, handling of MNPI, regulatory requirements involving SFA, FAA, PB Code of Conduct and other general compliance matters to ensure adherence to internal policies & procedures.
• Perform gap analysis on new regulations, regulatory changes, MAS’s Information Papers that impacts the Private Wealth Business.
• Assist in the implementation of new regulatory requirements and ensure adherence to these requirements for Private Wealth Department by assisting to update the relevant policies and procedures, controls etc.
• Conduct Monitoring & Testing reviews on various regulatory obligations including but not limited to as investment suitability, cross-border compliance, personal account dealing, gift & entertainment, email/ phone surveillance, market abuse etc.
• Perform Private Wealth Compliance Self-Assessment reviews and work with the relevant stakeholders to address gaps identified.
• Perform quality checks for AML/ CFT/ Sanctions: KYC onboarding, periodic review, clearance of alerts in screening and monitoring tools.
• Work with the other team members in maker/checker tandems, on KYC/ AML matters (where required).
• Assist to perform reviews of parameters and functionalities of KYC/ AML monitoring systems (where required).
• Prepare compliance meeting materials/ minutes and management reports.
• Conduct compliance training and carry out any ad-hoc compliance task/ project.

• Minimum 5-7 years of experience in compliance within a private bank, wealth management firm, or financial institution
• Strong working experience to general compliance frameworks, including advisory, monitoring, and policy implementation
• Experience supporting front office activities in a private banking or wealth management environment is preferred

• Minimum Bachelor’s degree in Law, Finance, Business, Accounting, or a related discipline
• Professional certifications (e.g., CAMS, ICA, CFA, or equivalent) would be an advantage

• Strong understanding of relevant regulatory requirements and guidelines, including:
• Anti-money laundering (AML) and countering the financing of terrorism (CFT)
• Cross-border regulations and suitability requirements
• Client onboarding, KYC and due diligence standards
• Conduct and sales practices applicable to private banking
• SFA/FAA requirements
• Familiarity with local regulatory expectations (e.g., MAS guidelines) and global standards

• Attention to Detail, ability to review complex client structures, transactions, and documentation with a high degree of accuracy
• Strong focus on identifying inconsistencies, gaps, and potential compliance risks
• Capability to assess issues pragmatically and provide practical, risk-based solutions
• Able to balance business needs with regulatory expectations
• Strong analytical skills to interpret regulations and apply them to real-world scenarios
• Ability to challenge assumptions and elevate concerns appropriately
• Clear and effective communication skills, both written and verbal
• Ability to interact confidently with stakeholders, including relationship managers, senior management, and regulators
• Able to translate regulatory requirements into practical guidance for the business
• Ability to identify, assess, and monitor compliance and conduct risks
• Experience in performing risk assessments, surveillance, and thematic reviews
• Good judgment in evaluating risk appetite and escalation thresholds