Compliance Executive (FA, Insurance Industry)

TRUST RECRUIT PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

TRUST RECRUIT PTE. LTD. is seeking a compliance professional to support the Risk and Compliance department in Singapore. You will contribute to regulatory reporting, investigations, and ensuring adherence to applicable acts and guidelines.

The role involves reviewing marketing materials, due diligence on business relationships, and handling recruitment and cessation of financial adviser representatives, with management directing priorities.

Qualifications

• Diploma or equivalent academically.
• Experience with regulatory compliance and investigations preferred.
• Familiarity with FA Act, PDPA, MAS notices or guidelines is a plus.

Responsibilities

• Support the Risk and Compliance department and ensure regulatory compliance.
• Conduct due diligence on new business relationships and ongoing partners.
• Review and approve marketing materials.
• Stay updated on regulatory developments and implement changes (FA Act, PDPA, MAS).
• Handle recruitment and cessation of financial adviser representatives.
• Perform miscellaneous tasks as assigned by Management.

Skills

Attention to detail

Investigative interviewing

Analytical skills

Regulatory knowledge (FA Act, PDPA,MAS

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.