Assistant Director Compliance (Business Compliance Advisory)

Eastspring Investments (Singapore) Limited; Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

A leading global asset management firm in Singapore seeks a Compliance Manager to oversee compliance advisory activities. The role involves acting as the compliance partner across business functions, monitoring regulatory changes, and developing effective compliance policies. Candidates must have a Bachelor’s degree and at least 10 years of experience in the asset management sector, with strong knowledge of relevant regulations. The firm values strategic thinking, effective communication, and a collaborative approach.

Benefits

Equal opportunity employer

Qualifications

• At least 10 years of relevant compliance experience in asset management industry.
• Sound knowledge of MAS Securities and Futures Act and related guidelines.
• Familiarity with regulatory requirements applicable to private credit and active ETFs is a plus.

Responsibilities

• Act as Compliance Business Partner across various functions.
• Monitor and analyze regulatory changes relevant to the business.
• Develop compliance policies that align with group standards.

Skills

Compliance advisory

Regulatory knowledge

Strategic thinking

Strong communication

Collaboration

Organisational ability

Education

Bachelor degree in business, law, or accountancy

Job description

Eastspring is a global asset manager with Asia at its core. We create a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions. We pledge to make Eastspring a place where you can Connect, Grow and Succeed.

Work with Head of Compliance and Team Leader of Investment, Product & Distribution Compliance to ensure the smooth delivery of compliance advisory, monitoring, surveillance and operational work. Supervise and guide junior team members in the delivery of compliance advisory, reporting, monitoring and operational work.

KEY ACCOUNTABILITIES

Compliance Advisory Work

• Act as Compliance Business Partner across the firm’s value chain (e.g.: distribution, product, investments and operations) by providing active advisory support on relevant MAS and offshore regulations and controls in the respective functions’ processes and procedures and enabling business by providing compliant solutions. Role includes facilitating a positive compliance culture within the firm that is consistent with Group Compliance standards and industry best practices. These include reviewing of agreements, product documentation, marketing materials, cross border marketing activities, investment deal documentation and outsourcing arrangements.

Designated business functions include:

• Investment functions (such as the multi-asset and alternative asset classes) The work in respect of alternative asset class includes participating in and reviewing private sidebusinessinitiatives(e.g.: fund structuring), observing investment deals from agovernance perspective and participating in the review of private sideinvestment documents and other related legal documents and agreements.

• Intermediary distribution (sales, marketing, CPM) and US business. Provide oversight to ensure adherence to regulatory requirements and compliance standards in the clearance of advertising materials, reviewing for appropriate disclosures and cross border initiatives.

• Product Provide advice and operational support on fund related regulatory reporting, prospectus lodgment,investor notice, including CPFIS and Code on CIS requirements.

Regulatory change management

• Carry out monitoring/ analysis of regulatory changes relevant to the business which may arise fromthe firm’s registration in designated specifically) or fundrelated regulations. Ensure that processes are put in place to meet the new requirements arisingfrom the regulatory changes. Constantly assess to ensuretheprocesses put in place to meetthe new requirements arising from the regulatory changes remain efficient and effective.

Regulatory reporting obligations

• Ensure compliance with the relevant regulatory reporting obligations arising from corporate / fund licensing or registrations for the designated jurisdictions (e.g.: US, India, China, Korea and Australia).

Compliance controls and monitoring

• Contribute to the design of the annual compliance plan/ compliance monitoring plan and adopt different lenses to help ensure compliance controls are adequately embedded within the first line.

• Carry out compliance monitoring and provide oversight of first line functions’ risk registers.

Governance

• Policies and Procedures - Develop, shape and monitor the implementation of compliance policies and procedures (including distribution and US regulatory policies and procedures) that are conducive to a positive compliance culture and conduct requirements that are in line with Group, Eastspring Singapore as well as international practices that caters for Eastspring Investments continued expansion. Also constantly explore more effective and efficient ways of delivering the desired compliance outcome.

• Compliance training - Identify training needs to ensure compliance with Singapore and other relevant overseas regulations (specifically on distribution and investment related topics). Provide inputs to the development of training materials so as to achieve the desired regulatory compliant business outcomes.

• Compliance management reporting – Contribute to succinct and impactful compliance management reporting including reports to senior management, Prudential, relevant governance committees including Eastspring Group Risk Committee and Eastspring Singapore Board of Directors. Attend the committees/meetings as required.

Others

• Provide support to business strategic initiatives, expansion of investment capabilities andcorporate functions.

• Take leadership or participate in Eastspring Investments compliance related projects as required.

• Participate in ad hoc reviews and investigations as required.

EXPERIENCE / QUALIFICATIONS

• Minimum Bachelor degree in business, law, accountancy or equivalent qualification.

• At least 10 years of relevant compliance experience in asset management industry. Sound knowledge and practical application of the MAS Securities and Futures Act, Financial Advisers Act and related guidelines, industry best practices and US Investment Advisers Act. Familiarity with regulatory requirements applicable to private credit, active ETFs, ESG and EU regulatory requirements would be an advantage.

• Strategic thinking and ability to look beyond silos.

• Highly independent, energetic and self-motivated individual with a can-do mindset who enjoys building trusted relationships with business stakeholders.

• Strong collaboration skills as the role involves working closely within the compliance team and with business stakeholders to ensure that business solutions are both workable and regulatory compliant.

• Strong organisational ability to manage multiple competing priorities.

• Highly effective communication skills (written and presentation).

Eastspring is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.