Compliance Senior Executive

Straits Financial Group; Singapore; On-site; SGD 78,000 - 112,000; Full time

Job summary

Straits Financial Group is seeking a Senior Executive to oversee regulatory compliance matters with a focus on financial crime prevention and SFA/FSA obligations. The role partners with multiple departments to strengthen controls and ensure timely responses to regulatory requirements.

The successful candidate will bring at least 5 years in financial/brokerage compliance, strong analytical capabilities, and a meticulous, proactive approach to risk management in a fast-paced environment.

Qualifications

• Degree in Business, Accountancy, Finance or equivalent.
• 5+ years of relevant experience in financial/brokerage (securities/derivatives).
• Trade Surveillance background preferred.
• Knowledge of SFA/FAA regulatory obligations and exchange regulations.

Responsibilities

• Conduct daily reviews of alerts from surveillance systems.
• Maintain understanding of commodities futures and FX markets.
• Implement and maintain a trade surveillance oversight program with regulatory requirements.
• Identify process improvements and develop the oversight program.
• Coordinate with departments on regulatory requests and follow up.

Skills

Regulatory compliance

Trade surveillance

AML

Surveillance software

SFA compliance

Education

Business/Accountancy/Finance degree

Tools

Surveillance software

Job description

We are looking for a Senior Executive with an eye for detail but able to work efficiently to assist in all regulatory compliance matters. Candidate should have experience in the space of financial crime prevention, as well as with the Securities and Futures Act. Experience in handling regulators would be helpful.

The Team:

The team is responsible for establishing and maintaining appropriate second-line governance and reporting arrangements for financial crime and compliance matters. This includes supporting existing business activities as well as the implementation of new businesses, and assisting in identifying and addressing AML, compliance and regulatory risks. The team also works closely with other departments across the organisation to support the effective management of compliance risks and ensure that appropriate processes and controls are in place.

Responsibilities:

Your primary responsibilities will be:

• Conduct daily reviews of alerts generated by surveillance systems and properly escape as necessary;
• Maintain and possess good understanding of commodities futures markets and FX trading;
• Implement and maintain a trade surveillance oversight program to ensure the appropriate handling of trade surveillance with regulatory requirements and market practice;
• Identify opportunities for process improvement and development of the oversight program;
• Follow-up on trade surveillance alerts and liaise with relevant departments as necessary;
• Carry out annual parameters review.
• Regulatory compliance
• Managing regulatory compliance across all local entities within the Group;
• Proactively anticipate and research on new regulatory requirements, including consultation papers, propose and follow through with implications on the business and implementation actions;
• Review annual compliance calendar and programs, ensuring adherence to ongoing obligations;
• Perform compliance reviews, taking action in dealing with non-compliance situations and creating realistic plans to overcome them;
• Coordinate with counterparties on regulatory requests and ensure prompt follow-up.
• Responsible for fund movement surveillance.
• Review advertising and marketing materials;
• Assist to provide advice and guidance on compliance policies and procedures relevant to the applicable rules and regulations of the company.
• Internal compliance
• Provide 2nd level monitoring and management of compliance to internal policies and procedures;
• Process improvements and other ad-hoc projects, including system implementation and testing, in relation to the above scope.
• Escalate salient matters to the Head of Compliance as necessary;
• All other tasks as allocated by Head of Compliance from time to time.

Requirements:

You should possess the following:

• At least a Degree in preferably Business, Accountancy, Finance or equivalent;
• At least 5 years of relevant working experience in the financial/ brokerage (securities/derivatives) industry;
• Candidates with Trade Surveillance background will be viewed favourably;
• Well-versed with regulatory obligations of SFA, FAA, as well as exchange regulations (e.g. CME, ICE EU, SGX).
• Able to work in a high volume, fast-paced environment that is continuously growing;
• Highly collaborative and possess excellent writing, communication and problem-solving skills;
• Team player but able to work independently;
• Meticulous, mature with a positive work attitude.