AVP, Risk and Compliance

RWE Renewables, Americas; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading firm in the financial services sector seeks a Compliance and Risk Management specialist to oversee compliance obligations and mitigate operational risks in Singapore. The ideal candidate will possess significant experience in the financial services industry and be well-versed in regulatory requirements. Fluency in both English and Mandarin is essential for effective communication with internal and external stakeholders.

Qualifications

• At least 8 years' experience in a risk, compliance, AML, or regulatory function.
• Proven experience in the financial services sector, particularly in securities brokerage or banking.
• Fluent in English and Mandarin, with strong writing skills in Chinese preferred.

Responsibilities

• Manage compliance and operational risks with various teams.
• Develop and oversee compliance policies and corporate licensing matters.
• Identify, measure, and control material risks in business activities.

Skills

Risk Management

Compliance

AML Surveillance

Regulatory Control

Communication in Mandarin

Education

University degree in law, banking and finance, or accountancy

Job description

Responsibilities

• Manage compliance and operational risks partnering with front and back-office teams
• Development and management of Singapore policies and processes. Handle corporate licensing matters. Interpret and disseminate regulatory updates to other department
• To identify, measure, monitor and control all material risks on business activities, formulate and review risk management policies, procedures, risk tolerance limits and methodologies.
• Enhancing the company's systems, controls and processes to ensure compliance with requirements and obligations prescribed by the MAS and other relevant authorities.
• Customer transactions AML surveillance
• Ongoing internal policies review and updating, including ongoing assessments, internal audit reviews and ad hoc reviews. Interface with internal (e.g. internal auditors, etc.) and/or external stakeholders (e.g. regulators, external auditors, legal counsels etc.) concerning compliance, operational, regulatory controls, risk management and corporate governance related matters
• Prepare and/or coordinate completion and submission of periodic and ad hoc reports and questionnaires to the regulators and government authorities. Handle or coordinate various foreign regulatory filings
• Provide compliance and regulatory advices on new business initiatives.

Requirements

• University graduate, preferably in law, banking and finance, accountancy, or related discipline
• Proven experience in financial services sector, preferably in a securities brokerage or banking or asset management
• At least 8 years' experience in a risk, compliance, AML or regulatory function.
• Fluent in both English and Mandarin; strong Chinese writer preferred