Assistant Manager, Singapore Compliance

Scotiabank Global Site; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading bank in the Americas is seeking a Compliance Manager in Singapore to oversee compliance activities. This role involves providing advisory support, conducting training, and preparing regulatory reports, while ensuring adherence to compliance policies and regulations. The ideal candidate should have a degree in finance or a related field, and prior experience in capital markets or financial industry is preferred. Join a diverse and inclusive team committed to operational excellence.

Qualifications

• Good understanding of global capital markets and corporate banking.
• Experience in capital markets or financial industry is preferred.
• Financial sector certification (e.g. compliance diploma) is favorable.

Responsibilities

• Provide compliance advisory support to stakeholders.
• Conduct compliance training for team members.
• Prepare regulatory reports and internal compliance submissions.
• Assist in managing regulatory change management processes.

Skills

Corporate Paralegal

Baan

IT Sales and Marketing

Civil Quality Control

Activex

Jboss

Education

Degree in finance or related discipline

Job description

Requisition ID : 238748

Join a purpose driven winning team committed to results in an inclusive and high-performing culture.

Purpose

Contributes to the overall success of the Compliance function in Singapore ensuring specific individual goals plans initiatives are executed / delivered in support of the teams business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations internal policies and procedures.

The incumbent will support the Head of Compliance Singapore and Head of APAC Product Compliance (HoC) and other members of the Singapore Compliance team to deliver the compliance program for the Global Banking and Markets & Treasury (GBM&T) businesses.

The incumbent will handle the day-to-day administration of the core compliance activities within the Singapore Compliance team including the conduct of compliance training maintenance of compliance documents for the Singapore Compliance team and being the Secretary to the monthly Singapore Compliance Committee Meeting.

Accountabilities

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
• Provide timely compliance advisory support to stakeholders in relation to their applicable regulatory requirements internal policies / procedures and matters or control decisions that may present potential regulatory risk.
• Keep abreast of legislations and regulatory developments and ensure that they are properly cascaded to stakeholders for follow-up and tracking.
• Assist senior members of the Singapore Compliance Team with the applicable Enterprise Compliance programs such as the CRCA process Regulatory Change Management and Regulatory Library Management processes.
• Coordinate and / or conduct Compliance training to update and refresh stakeholders of the applicable requirements and expectations.
• Collate and file regulatory reports in a timely manner for relevant regulators or authorities including the MAS. Key submissions include Annual CRAFT Assessment SFA Form 28 Status of Outstanding Audit and Compliance Testing Findings.
• Assist in the preparation of internal compliance reports and submissions for various governance and reporting forums internal and external surveys and internal / external audits and / or inspections that require inputs from the Singapore Compliance Team.
• Assist the HoC as an integral member of the Singapore Compliance team and undertake tasks as may be assigned from time to time.
• Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabanks Values its Code of Conduct and the Global Sales Principles while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational compliance AML / ATF / sanctions and conduct risk.
• Champions a high-performance environment and contributes to an inclusive work environment.

Education / Experience / Other Information

• Degree or equivalent in a finance or related discipline from a recognised university.
• Good understanding of the global capital markets and corporate and investment banking activities.
• Individuals with prior experience working in the capital markets or financial industry or individuals with experience working in a financial sector regulator will be considered favourably.
• Individuals with relevant financial sector certification (e.g. compliance diploma CFA) will also be considered favourably.

Location(s)

Scotiabank is a leading bank in the Americas. Guided by our purpose : for every future we help our customers their families and their communities achieve success through a broad range of advice products and services including personal and commercial banking wealth management and private banking corporate and investment banking and capital markets.

At Scotiabank we value the unique skills and experiences each individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including but not limited to an accessible interview site alternate format documents ASL Interpreter or Assistive Technology) during the recruitment and selection process please let our Recruitment team know. If you require technical assistance please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however only those candidates who are selected for an interview will be contacted.

Required Experience: Manager

Key Skills

• Corporate Paralegal
• Baan
• IT Sales and Marketing
• Civil Quality Control
• Activex
• Jboss

Employment Type

Full Time

Experience

years

Vacancy

1