Compliance and Risk Control Executive

CHINA OFFSHORE OIL (SINGAPORE) INTERNATIONAL PTE LTD; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading company in the oil and gas sector seeks a Compliance Manager to oversee and enhance the compliance program. The role requires managing compliance risks, conducting internal investigations, and collaborating with management on regulatory matters. Ideal candidates will have a bachelor’s degree and at least three years of relevant experience, ensuring adherence to industry regulations through effective compliance practices.

Qualifications

• Minimum 3 years’ experience in compliance work relevant to the oil and gas industry.
• Familiarity with International Sanction and Trade Embargo, and Know Your Customer program.

Responsibilities

• Manage and enhance compliance program, monitor compliance activities, and report on statuses.
• Conduct internal investigations and carry out compliance reporting, internally and externally.
• Support internal and external audits with required documents.

Skills

Risk Monitoring

Anti-Bribery and Corruption

Anti-Money Laundering

Data Privacy and Protection

Education

Bachelor’s degree in Law

Bachelor’s degree in Business

Job description

· Manage and enhance existing compliance program that is effective in dealing with compliance risks.

· Manage and monitor key compliance activities and report on a regular basis as to their status and actions taken to mitigate such risks.

· Maintain manual on compliance processes and procedures and ensuring this is kept updated.

· Advise on business activities that are in or out of scope, per current/future regulatory status as well as evaluate key outputs from regulators, industry bodies and advising Management and respective business/support units of the impact.

· Conduct internal investigation where needed, in relation to any compliance issue and produce investigation report.

· Carry out monthly, quarterly or ah-hoc compliance reporting, internally and externally.

· Assist in developing and improving internal control policies

· Follow up on internal control practices across departments and suggest improvements

· Support internal and external audits with required documents

· Report progress and key risk areas to management regularly

· Any other duties as assigned

Requirements:

· Minimum bachelor’s degree in law or business

· Min 3 years’ experience in handling various aspects of compliance work relevant to oil and gas industry.

Core experience includes risk and post transaction monitoring and analysis, familiarity with International Sanction and Trade Embargo, Anti-Bribery and Corruption, Data Privacy and Protection, Anti-Money Laundering and Know Your Customer program.