Compliance Officer- Associate/Assistant Manager

KIMBERLEY CONSULTING PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial consulting firm in Singapore seeks a Compliance Officer to oversee KYC processes and ensure adherence to regulatory requirements. The ideal candidate will have a diploma in Compliance or AML, along with strong analytical skills and 2-3 years of relevant experience. This role involves monitoring industry regulations, updating compliance policies, and conducting audits to maintain company standards.

Qualifications

• 2-3 years KYC/AML/compliance experience in the finance industry.
• Knowledge of AML CFT requirements, SFA law, and international regulations.

Responsibilities

• Perform KYC and Due Diligence process for clients.
• Review and implement compliance policies and procedures.
• Conduct compliance audits and business process reviews.

Skills

Knowledge of MAS regulations

Understanding of internal controls

Experience with MS Office

Excel proficiency

Education

Industry recognised diploma or certificate in Compliance, AML or related fields

Job description

Dedicated investment management platform for providing global investors with a gateway to invest through differentiated alternative investment strategies, with a CMS license in Fund Management issued by MAS

Role Definition

• Perform KYC and Due Diligence process for onboarding and ongoing monitoring of the clients including name screening.
• Keep abreast of developments, including MAS circulars and announcements, in fund regulatory requirements and industry practices, and analyse them to advise Management accordingly for any policy updates and implementation.
• Provide compliance advisory both regulatory and on AML to support the business units. Able to work on regulatory filings including periodic surveys, circulars, meetings.
• Review, update and implement compliance policies and procedures on a periodic basis and upon new relevant laws and regulations changes.
• Identify inadequacies and weaknesses in systems and controls of Compliance and Company functions and suggest improvements.
• Carry out yearly reviews (business process reviews and compliance audits) to ensure that the Company complies with rules and regulations as well as with the company’s policies and internal control procedures.
• Review documentation including board resolutions, fund documents, agreements, etc.
• Assist in adhoc projects or tasks assigned from time-to-time, e.g.: automation of compliance and AML processes, Document management system, etc.

Skill-set

Functional Skills

• Knowledge and understanding of the MAS regulations specifically on AML CFT requirements, SFA law, international rules and regulation applicable to fund management.
• Knowledge and understanding of internal controls and systems.
• Experience with MS Office and Excel.

Soft Skills

• Industry recognised diploma or certificate in Compliance, AML or related fields.
• Self driven and possess strong motivation and drive to succeed.
• Flexibility to liaise with various departments in India and offices in other jurisdiction.

Experience

• Asset Management/Hedge Fund/Mutual Fund company, MAS, Legal.
• Min 2-3 years KYC/ AML/ compliance experience in the finance industry.