Asset & Wealth Managed Services (AWMS) - Risk & Compliance Solutions - Senior Associate

PwC Singapore; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

PwC Singapore is seeking experienced professionals for our Risk & Compliance Solutions, Asset & Wealth Management practice. You will work with leading asset managers and capital market intermediaries to strengthen governance, risk and compliance capabilities while delivering practical controls and regulatory insights.

You will join a fast-paced, Singapore-based team that values technical excellence and client impact.

Qualifications

• Bachelor’s Degree in Accounting / Commerce / Business; Singapore CA, ICAEW, CIA or CISA accreditations preferred
• At least 2 years of external audit, internal audit or IT audit experience, preferably in Big 4 or corporate internal audit departments

Responsibilities

• Provide advice to fund management companies, wealth managers, digital assets providers and other capital markets intermediaries to optimise governance, risk management and regulatory compliance
• Cover areas such as compliance and risk management frameworks, monitoring programmes, and business conduct practices across portfolio management, fund operations, sales and product compliance, AML/CFT, outsourcing, conduct, and technology risk
• Conduct business processes and controls reviews, identify gaps, assess risks and provide remediation recommendations
• Perform walk-through interviews, identify key controls and tailor audit procedures to evaluate design and operating effectiveness of internal controls
• Draft findings in report deliverables with clear business writing and present to senior management
• Provide outsourced compliance support including regulatory reporting, AML/KYC reviews and regulatory advice
• Manage key stakeholder relationships and communicate scope, findings and observations, industry updates
• Support engagement leaders and managers in other internal and external deliverables

Skills

Regulatory compliance

Risk management

IT audit

Education

Bachelor’s Degree in Accounting / Commerce / Business

Job description

Job Description & Summary

At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help clients build, accelerate and sustain momentum. Find out more at www.pwc.com. A career within Risk & Compliance Solutions, will provide you with the opportunity to help companies rethink their approach to compliance and risk and create a sustainable risk advantage. We’re a part of a unique client proposition, assisting our clients to develop proper internal controls by sharing our technical know-how and leveraging on analytics and technology solutions to underpin efficient execution of governance, to optimise their risk and compliance policies and processes, and improve business performance. Our Asset and Wealth Management team in Risk & Compliance Solutions is expanding rapidly and we are looking for seasoned professionals to join us. We are Singapore’s leading Asset and Wealth Management in Risk & Compliance Advisory team, and you will experience a dynamic and fast-paced working environment. You’ll work as part of a fast growing team of subject matter experts with extensive industry experience in areas relating to regulatory compliance, risk and internal controls. Your clients include leading local, regional and global asset managers, alternative asset managers (private equity, private credit, real estate, hedge funds and venture capital), wealth management, digital wealth managers, digital assets and other capital market intermediaries. Digital alliances and digital solutions are core to the delivery of our services to clients. You will enjoy a stable yet flexible working environment with certainty in hours, and the ability to manage and control your own time.

Job Description & Summary

At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help clients build, accelerate and sustain momentum. Find out more at www.pwc.com. A career within Risk & Compliance Solutions, will provide you with the opportunity to help companies rethink their approach to compliance and risk and create a sustainable risk advantage. We’re a part of a unique client proposition, assisting our clients to develop proper internal controls by sharing our technical know-how and leveraging on analytics and technology solutions to underpin efficient execution of governance, to optimise their risk and compliance policies and processes, and improve business performance. Our Asset and Wealth Management team in Risk & Compliance Solutions is expanding rapidly and we are looking for seasoned professionals to join us. We are Singapore’s leading Asset and Wealth Management in Risk & Compliance Advisory team, and you will experience a dynamic and fast-paced working environment. You’ll work as part of a fast growing team of subject matter experts with extensive industry experience in areas relating to regulatory compliance, risk and internal controls. Your clients include leading local, regional and global asset managers, alternative asset managers (private equity, private credit, real estate, hedge funds and venture capital), wealth management, digital wealth managers, digital assets and other capital market intermediaries. Digital alliances and digital solutions are core to the delivery of our services to clients. You will enjoy a stable yet flexible working environment with certainty in hours, and the ability to manage and control your own time.

Specific Responsibilities Include But Are Not Limited To

• Providing advice to fund management companies, wealth managers, digital advisors, digital assets providers and other capital markets intermediaries (i.e. REIT managers, brokerages, corporate finance advisors and trust companies); to help optimise their governance, risk management and compliance with regulatory requirements;
• Your advice will cover areas such as compliance and risk management frameworks and monitoring programmes, as well as business conduct practices in areas such as portfolio management, fund operations, sales and product compliance, AML/CFT, outsourcing, culture and conduct, and technology risk;
• Conducting business processes and controls reviews, including control assurance reporting to identifying gaps, assessing risks and providing recommendations for remediation;
• Perform walk-through interviews, identify key controls and tailor audit procedures to evaluate the design and validate operating effectiveness of internal controls in various business processes;
• Review and recommend practical business process improvements to address control gaps and to enhance efficiency where possible;
• Draft findings in report deliverables with clear and concise business writing abilities;
• Providing outsourced compliance support to clients. This includes regulatory reporting, operationalising changes and updates to regulations, conducting compliance monitoring and reporting to senior management, assisting on AML/KYC reviews and providing regulatory advice;
• Managing key stakeholder relationships, including communication of the scope of work, findings and observations, industry updates;
• Support engagement team leaders and managers in other internal and external key deliverables and business requirements.

About You

• Bachelor’s Degree in a related area of Accounting / Commerce / Business including students from a local/overseas university. For candidates with other degree specialisations, preference will be given to candidate that have obtained or are in the process of pursuing Singapore CA, ICAEW, CIA or CISA accreditations.
• At least 2 years of external audit, internal audit or IT audit experience, preferably in a Big 4 Accounting Firm and/or commercial organisations’ in-house internal audit department.
• Good understanding of the asset and wealth management/digital assets/capital markets landscape and IT audit experience preferred
• Knowledge of local MAS regulatory requirements for capital markets intermediaries gained through experience in regulatory compliance, internal audit or processes, risk and controls experience.

Experience In The Following Areas Would Be Beneficial

• auditing under the relevant frameworks (for ISAE 3402, ISEA 3000, AUP); and
• technology-related regulatory requirements, which includes Technology Risk Management, Cyber Hygiene and Business Continuity Management; and
• direct dealings and interactions with the MAS.
• Good track record of academic achievements
• Meticulous and attention to details, possessing an analytical and enquiring mind-set
• Professional, confident and highly motivated self-starter, with an ability to handle multiple tasks in a fast-paced environment with tight deadlines,
• Positive attitude to learn and strong team player.
• Able to work under pressure and tight deadlines
• Possess strong values, personal integrity, and emotional intelligence.