Compliance monitoring and testing

JAC Recruitment Pte Ltd; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A recruitment agency in Singapore seeks a candidate with around 10 years of compliance testing experience in the private banking industry. The role involves leading compliance reviews and managing KYC processes. Familiarity with regulatory changes is essential. Only shortlisted candidates will be contacted.

Qualifications

• Around 10 years of compliance testing or assurance experience from the private banking/wealth management industry.
• Familiar with recent regulatory changes/developments pertaining to the private banking industry.

Responsibilities

• Lead recurring and thematic compliance reviews, risk and control assessments.
• Manage KYC onboarding and periodic reviews.
• Handle internal/external audit queries.

Skills

Compliance testing

Risk assessment

Knowledge of regulatory changes

Client communication

Job description

• Lead recurring and thematic compliance reviews, risk and control assessments and responding to ad-hoc regulator requests

• Cross-border, adherence to country manual requirements (RM travel, account opening, client communication)

• Pre-trade investment suitability (i.e. order taking, solicitation marking, product risk disclosure, K&E mismatches)

• Pricing controls (identify overcharging on transactions vs bank’s standard price list/ bilateralagreement with client)

• Perform Quality assurance on: Non-Vulnerable Client assessment on Client investment profile, Performance Review, etc

• Perform reviews on KYC (Eg; onboarding, periodic reviews- IDV, ownership structure, SOW/SOI, AI)

• Handle internal /external audit queries

To be eligible for this role you will require:

• Around 10 years of compliance testing or assurance experience from the private banking/wealth management industry.

• Familiar with recent regulatory changes/developments pertaining to the private banking industry.

We regret to inform that only shortlisted candidates will be notified.
Appreciate your understanding.
EA: JAC Recruitment Pte. Ltd.
EA Licence: 90C3026
EA Personnel: R1110469
EA Personnel Name: Zhong Zhengnan, Paul
#LI-JACSG #countrysingapore