Compliance Analyst

BANK OF TAIWAN; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A leading financial institution in Singapore is seeking a Compliance Officer to assist in managing regulatory changes and conducting compliance reviews. The ideal candidate will have a recognized degree and strong analytical skills. Proficiency in Mandarin is preferred. Fresh graduates are welcome to apply.

Qualifications

• Meticulous and detail-oriented.
• Possess strong analytical, written, and verbal communication skills.
• Previous experience in KYC/client onboarding/periodic review role is an advantage.

Responsibilities

• Assist Compliance Manager in managing and reporting regulatory changes.
• Conduct gap analysis on regulatory updates.
• Update SOPs to comply with regulatory requirements.
• Perform periodic compliance reviews.
• Review and validate Customer Due Diligence (CDD) information.
• Advise on compliance and KYC/CDD issues.

Skills

Analytical skills

Communication skills

Attention to detail

Proficiency in Mandarin

Proficiency in Mandarin

Education

Recognized University Degree

Job description

Job Description

• Keep abreast with regulatory changes, and assist the Compliance Manager in managing, monitoring, and reporting new regulatory changes to local Management and Head Office.
• Conduct gap analysis on new/existing MAS Notices, Guidelines, Information papers and Circulars related to regulatory updates.
• Updating of SOPs and procedures to comply with current/new regulatory requirements.
• Perform periodic compliance reviews and/or testing for compliance monitoring purposes of policies and procedures.
• Review and validate the quality of the Customer Due Diligence (CDD) and Know Your Customer (KYC) information on the bank's customers, in line with policies, at onboarding and periodic reviews.
• Provide advice to relevant business and support functions on compliance, KYC/CDD issues.
• Other ad-hoc tasks and projects as assigned by the Compliance Manager.

Requirements

• A recognized University Degree.
• Previous experience in KYC/client onboarding/periodic review role will be an added advantage.
• Meticulous and detail oriented.
• Possess strong analytical, written, and verbal communication skills.
• Proficiency in Mandarin is an advantage as the role requires some understanding of documents in Mandarin from Head Office.
• Previous experience working in Banks will be an added advantage.
• Fresh graduate may be considered.