Compliance Officer (Banking,Central)

PERSOLKELLY Singapore Pte Ltd (Formerly Kelly Services Singapore Pte Ltd); Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

An established industry player in the banking sector is seeking a skilled compliance officer to enhance their compliance framework. This role involves providing ongoing compliance support, monitoring regulations, and assessing internal controls. You will be instrumental in developing policies and managing compliance risks while ensuring adherence to regulatory requirements. Join a dynamic team where your expertise will drive impactful projects and contribute to the organization's success. If you are a proactive problem solver with a passion for compliance, this opportunity is perfect for you.

Qualifications

• 3-5 years of experience in Regulatory Compliance is essential.
• Strong knowledge of Banking Act, FAA, SFA, and PDPA regulations.

Responsibilities

• Provide compliance support and advice on operations and new initiatives.
• Monitor emerging regulations and assess regulatory breaches.

Skills

Regulatory Compliance

Analytical Skills

Problem-Solving Skills

Interpersonal Skills

Communication Skills

Policy Writing

Organizational Understanding

Education

Degree in Law

Degree in Business

Job description

Our client is one of the leaders in the banking industry, they are seeking an experienced compliance officer to join the team.

Location: Central

Salary: Up to $3800

Contract: Till End of 2025

Job Description:

• Provide ongoing compliance support and advice on day-to-day operations in compliance with the Bank’s compliance framework, including new business initiatives, products and projects, outsourcing arrangements, and third-party arrangements.

• Proactively monitor and assess new and emerging regulations issued by MAS, PDPC and other relevant regulatory authorities.

• Assess regulatory breaches.

• Validate customer complaints in relation to investment and insurance sales and advisory process.

• Develop and maintain compliance framework and policies to ensure compliance with regulatory requirements.

• Assess the adequacy and effectiveness of internal controls, procedures, and guidelines to ensure all significant compliance risks are identified and managed appropriately.

• Drive and/or participate in projects to implement internal policies or regulatory requirements.

• Support in preparing reports for governance and management meetings.

• Coordinate internal and external audits within the compliance department, including commenting on and closing audit findings and/or recommendations.

• Any other work assigned by the Bank.

Requirements:

• General degree holder, preferably in Law or Business.

• Minimum of 3-5 years of relevant Regulatory Compliance experience.

• Good working knowledge of Banking Act, FAA, SFA, PDPA and other local regulations applicable to full banks.

• Good interpersonal and communication skills.

• Organizational understanding and strong team player.

• Strong analytical and problem-solving skills, together with good policy writing ability.

• Ability to multi-task effectively.