Compliance Executive (Balance scorecard- BSC, FA, Insurance Industry)

TRUST RECRUIT PTE. LTD.; Singapore; On-site; SGD 48,000 - 80,000; Full time

Job summary

TRUST RECRUIT PTE. LTD. is seeking a Compliance Specialist to support the Risk and Compliance department in Singapore. The role involves ensuring regulatory compliance, conducting due diligence, and reviewing marketing materials to align with FA Act, PDPA and MAS guidelines.

The candidate should have a Diploma or equivalent with 2–5 years of FA/insurance compliance experience and strong investigative and analytical skills to stay abreast of regulatory developments and assist implementation.

Qualifications

• Diploma or equivalent qualification required.
• 2–5 years’ compliance experience in FA/insurance.
• Knowledge of FA Act, PDPA; MAS notices and guidelines.

Responsibilities

• Support the Risk and Compliance department.
• Ensure regulatory compliance including audits, reporting, complaints handling, investigations.
• Process recruitment and cessation of financial adviser representatives.
• Review and approve marketing materials.
• Stay updated on regulatory developments and communicate changes.
• Conduct due diligence on new business relationships and ongoing partner checks.
• Perform other tasks as assigned by management.

Skills

Attention to detail

Analytical skills

Interviewing

Regulatory knowledge

Communication

Education

Diploma or equivalent

Job description

Job Responsibilities

• Support the Risk and Compliance department
• Perform responsibilities to ensure company complies with regulatory requirements which include balanced scorecard audits, regulatory reporting, complaints handling, investigation and resolutions.
• Processing recruitment and cessation of financial adviser representatives.
• Reviewing and approval of marketing materials.
• Motivated to stay abreast of regulatory developments and take charge of communicating the changes and support implementation; not limited to Financial Advisers Act, Personal Data Protection Act.
• Conduct due diligence on new business relationships and support on-going due diligence requirements from business partners.
• Any other tasks assigned by Management.

Job Requirements

• Minimum academic qualification of a Diploma or equivalent.
• At least two (2) to five (5) years’ in working within compliance background in financial advisory (FA) industry, preferably if he or she has compliance qualification or experiences in the FA or insurance industry.
• Able to handle documentation work with an eye for details.
• Skilled at conducting investigative interviews and strong analytical skills.
• Familiar with Financial Advisers Act and Regulations, Personal Data Protection Act, MAS notices and guidelines.