AVP / Senior Associate, Sales Surveillance Specialist, Private Banking, Consumer Banking Group

BMO Harris Bank; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

BMO Harris Bank seeks a compliance specialist in Singapore to enhance sales surveillance and ensure regulatory compliance. Candidates should hold a degree with 5+ years in private wealth management, showcasing strong analytical and interpersonal skills, capable of working both independently and collaboratively.

Benefits

Competitive salary and benefits package

Dynamic work environment for professional development

Qualifications

• Degree holder with at least 5 years in private wealth or compliance.
• Experience in risk & controls management or internal audit.
• Good understanding of MAS rules is an advantage.

Responsibilities

• Perform sales surveillance control checks and manage compliance.
• Review and implement control measures for regulatory requirements.
• Prepare sales surveillance reports and conduct training.

Skills

Interpersonal skills

Communication skills

Analytical skills

Self-motivation

Organization

Education

Degree holder

Tools

MS Office

Job description

Business Function

As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our customers realise their dreams and aspirations at every life stage. Our financial solutions are not only the best in the business - they were made just right for you.

DBS' Private Banking offers a one-stop, full-service touch-point for total banking requirements and provides the highest level of personalised banking. We have a team of dedicated, experienced investment advisors who identify opportunities in the various asset classes and employ the best strategies and product vehicles to cater to each client's needs. Coupled with partnerships within the DBS network and with global institutions, we strive to build long-term relationships with our Private Banking clients in Asia by providing them with high quality, timely and extensive wealth management, investment and financial solutions.

Responsibilities

• Assist to perform Sales Surveillance control checks and any ad-hoc control-assurance check.
• Escalate to management on a timely manner on any non-compliance on sales process.
• Review, update and implement related policies, procedures and control measures to ensure compliance with regulatory requirements.
• Assess and identify any internal control weakness, and implement the necessary rectification or changes in control procedures.
• Work with Front Office and Management on control related matters and escalate issues to Management, where appropriate.
• Liaise with various internal departments including Legal and Compliance, Internal Audit, IT, Operations, Sales Support, training and Ops Risk team.
• Prepare Sales Surveillance reports for management.
• Assist to review control assurance process for improvement.
• Participate in projects representing Sales Surveillance team for control assurance requirement.
• Conduct Sales Process training to sales staff.

Requirements

• Degree holder with at least 5 years of relevant working experience in the private wealth environment and field experience of risk & controls management, internal audit or compliance.
• Possess good interpersonal and communication skills.
• Ability to work independently and as part of a team.
• Self-motivated, organised, meticulous with good analytical skills.
• Ability to take on responsibility and challenges.
• Good working knowledge of MS Office e.g. Word, Excel and PowerPoint.
• Good understanding of relevant MAS rules, regulations, practices and guidelines will be an advantage.

Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.