Compliance Manager (AML/CFT regulations, Capital Markets, )

TRUST RECRUIT PTE. LTD.; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Compliance Manager with extensive experience in regulatory frameworks and compliance management. This role involves advising management, conducting gap analyses, and managing KYC and KYT processes to ensure adherence to regulations. The ideal candidate will have a strong background in finance, law, or business, with a minimum of 8 years' experience in a regulated financial institution. Join a dynamic team dedicated to fostering a positive compliance culture and ensuring robust compliance practices in a fast-paced environment.

Qualifications

• 8+ years of experience in compliance within regulated financial institutions.
• Strong understanding of AML/CFT regulations and compliance frameworks.

Responsibilities

• Advise management on regulations and compliance issues.
• Manage KYC and KYT processes for customer due diligence.
• Implement compliance monitoring programs and provide training.

Skills

Regulatory Frameworks

Compliance Monitoring

Analytical Skills

KYC and KYT Processes

Communication Skills

Education

Bachelor’s degree in Finance

Bachelor’s degree in Law

Bachelor’s degree in Business

Job description

We are looking for an experienced Compliance Manager with a strong understanding of regulatory frameworks and a proactive approach to ensuring compliance.

Key Responsibilities:

• Advising Management and staff on regulations

• Perform gap analysis on new/updated regulations

• Drafting of Compliance procedures

• Licensing of representatives

• Managing the Singapore KYC process for customers. This includes reviewing client documents and performing due diligence on prospective customers and performing ongoing reviews of existing customers

• Managing the Singapore KYT process. This includes the review and update of AML/CFT policies and procedures in line with the prevailing regulatory requirements and review of the transaction monitoring alerts, including appropriateness of transaction monitoring parameters

• Monitoring – Implement robust Compliance monitoring programme to ensure that Compliance policies are complied with

• Provide compliance related training to staff

• Escalating compliance issues to Head of Compliance following results of reviews

• Collaborate with the business units to foster a positive compliance and governance culture through effective compliance awareness, engagement, advisory and monitoring programs

Requirements:

• Bachelor’s degree in Finance, Law, Business, or a related discipline

• Minimum 8 years of relevant work experience in a regulated financial institution, preferably with prior experience in Insurance and Trust companies’

• Knowledge of the Securities & Futures Act, Payment Services Act, Insurance and Trust Companies Acts in Singapore and corresponding prevailing AML/CFT regulations

• Meticulous with good analytical skills, detail-orientated, team player, proficient in time management and able to represent Compliance in Group projects

• Demonstrate ability to effectively review and analyse data/situation and apply judgement to resolve issues in a timely manner

HOW TO APPLY:

Interested applicants, please click on “Apply Now”. We regret only shortlisted candidates will be notified.

Important Note: Trust Recruit Pte Ltd is committed to safeguarding your personal data in accordance with the Personal Data Protection Act (PDPA).

Please read our privacy statement on our corporate website www.trustrecruit.com.sg.

Trust Recruit Pte Ltd

EA License No: 19C9950

EA Personnel: CHEN PEI-YI

EA Personnel Reg No: R25128443