Analyst, Compliance Officer, Compliance

CLSA; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

CLSA in Singapore hosts a broad Compliance mandate across multiple licensed entities and business lines, reporting to the Head of Legal and Compliance with support from head office. The role offers exposure to institutional cash equities, research, Delta One, equity derivatives, fixed income, ECM, DCM and asset management activities.

The incumbent will develop well-rounded Compliance knowledge, work under a shared framework, and assist with monitoring, advisory duties and regulatory interactions

Qualifications

• At least 3 years of compliance/audit/regulatory experience in financial services.
• Excellent analytical and quick logical thinking skills.
• Strong written and verbal communication; presentation abilities.
• Proven ability to work independently and multi-task.
• Proficiency in MS Office for data analysis and reporting.
• Understanding of Securities and Futures Act and SGX-ST rules.

Responsibilities

• Maintaining and executing the ongoing Compliance Monitoring Programme.
• Trade surveillance analysis using SMARTS Broker.
• Monitoring staff dealing activity and staff gifts/entertainment.
• Handling MAS licensing and SGX registration for new front office staff.
• Assisting with internal/external audits and MAS/SGX inspections.
• Drafting local Compliance policies and procedures.

Skills

Analytical skills

Interpersonal skills

Writing and presentation skills

Independent multi-tasking

MS Office proficiency

Risk-based compliance

Tools

SMARTS Broker

MS Excel

PowerPoint

Job description

As a member of the Singapore Compliance team reporting to the Head of Legal and Compliance, Singapore, and with further support from head office, the incumbent will have the exciting opportunity to be given broad Compliance mandate which extends to a number of licensed entities in Singapore and multiple business lines, including, institutional cash equities sales and trading, research, Delta One & Equity Derivatives, fixed income sales and trading, ECM, DCM and asset management businesses.

In addition to the above, given the broad mandate of this role, it is expected that the incumbent will have the opportunity to develop well-rounded Compliance knowledge and be well-versed in a broad spectrum of Compliance skills, and not be restricted to specialized Compliance roles.

Key Areas of Responsibilities

The incumbent will have the following shared responsibilities with other members of the Singapore Compliance team:

Compliance Monitoring and Surveillance

• Maintaining and executing the ongoing Compliance Monitoring Programme, which includes, amongst others:
• Trade surveillance by analysing trade data and via the use of SMARTS Broker trade surveillance tool;
• Monitoring of staff dealing activity and compliance with staff dealing policy;
• Monitoring of staff outside directorships, business interests and activities;
• Monitoring of gift and entertainment of staff;
• Monitoring of fly-in-fly-out activities of licensed staff;
• Conducting Compliance desk reviews/thematic reviews, as may be required, based on emerging risks or new regulatory requirements;

Central Compliance

• Managing the MAS licensing and SGX registration process for new front office staff;
• Monitoring and following up with existing MAS appointed representatives and SGX trading representatives on their continuing obligations, amongst others, changes in personal particulars and business interests, Continuing Education Program and register of securities;
• Liaising with relevant internal stakeholders to complete surveys/forms/questionnaires requested by MAS/SGX;
• Handling simple requests and queries from regulators/auditors;
• Ensuring that all Compliance correspondences/records and registers are duly tracked and maintained;
• Conducting Compliance induction training for all new staff and other basic training as may be required by the Head of Compliance, Singapore;
• Facilitating staff completion of mandatory Compliance trainings and declarations;
• Assisting with Compliance reporting to local and group management;

Compliance Advisory (depending on bandwidth)

• Responding to simple internal queries, for example, those relating to licensing requirements or group Compliance policies/procedures such as staff dealing, outside business interests, and gift and entertainment, etc;
• Assisting the Head of Compliance, Singapore, to track and manage regulatory changes/new regulatory requirements;
• Be part of a project team to manage new regulatory changes or new business activities, as may be required by the Head of Compliance, Singapore;
• Assisting the Head of Compliance, Singapore, to handle all internal/external audits and MAS/SGX inspections;
• Assisting the Head of Compliance, Singapore, to draft local Compliance policies and procedures, as may be required; and
• Assisting with all other ad-hoc tasks as required by the Head of Compliance, Singapore.

Requirements

• At least 3 years of Compliance/audit/regulatory experience in the financial services sector
• Compliance monitoring/testing experience will be an advantage
• Excellent analytical skills and quick logical thinking ability
• Strong interpersonal skills
• Good writing and presentation skills
• Ability to operate independently and to multi-task
• Proficiency in Microsoft Office Applications for both data collection and interpretation of the results that can presented clearly and concisely
• Understanding of Compliance role and risk-based Compliance approach, and ability to identify and remediate key Compliance risks
• Basic understanding and application of the Securities and Futures Act and SGX-ST rules