Director, Business Compliance and Governance (GWM)

maybank singapore; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

Maybank Singapore is seeking a Governance, Risk & Compliance leader to develop and oversee governance frameworks across CFS and Group Wealth Management (GWM). The role provides independent risk advisory, oversight of controls, and ensures regulatory alignment while supporting efficient operations.

The ideal candidate has a strong background in capital markets and wealth management, with analytical and stakeholder engagement skills to drive governance discipline across Asia.

Qualifications

• Bachelor's degree in Banking, Business, Finance or related discipline.
• Strong knowledge of capital markets, structured products and derivatives.
• Professional certifications in financial services or risk management advantageous.
• Strong understanding of wealth management and private banking operations and risks.
• Familiarity with regulatory requirements across Asia, including MAS Singapore Private Banking Code.
• Strong analytical, logical and critical thinking abilities.
• Ability to design governance frameworks and control methodologies.
• Meticulous documentation skills and attention to detail.
• Ability to engage and influence stakeholders across multiple business units.

Responsibilities

• Governance framework development and oversight across CFS and GWM.
• Preventive risk management and control advisory for business units.
• Independent oversight and risk monitoring of KRIs and approvals.
• Controls testing and assurance oversight across CFS and GWM teams.
• Wealth advisory framework oversight and regulatory alignment.

Skills

Governance design

Risk management

Stakeholder engagement

Analytical thinking

Documentation

Wealth management knowledge

Capital markets

Regulatory awareness

Education

Bachelor's degree in Banking/Finance

Job description

• Drive the governance framework, methodologies and control standards across CFS and/or Group Wealth Management (GWM) business units to support effective risk management, regulatory compliance and operational consistency.
• The role provides independent oversight, advisory and assurance over key business processes, including sales advisory, while guiding business units on control enhancements and risk mitigation.
• This supports the business by strengthening governance discipline, promoting consistent standards across CFS and/or GWM units, and ensuring regulatory requirements are met while maintaining operational efficiency.

Job Responsibilities

1. Governance Framework Development and Oversight

• Develop and enhance governance frameworks, methodologies and control standards across CFS and/or GWM.
• Drive consistent governance practices across different CFS and/or GWM business units.
• Periodically review governance processes to ensure alignment with regulatory requirements and business needs.
• Promote adoption of best practices and standardisation across the organisation.

2. Preventive Risk Management and Control Advisory

• Identify emerging risks and recommend preventive control measures.
• Provide advisory support to business units on strengthening control processes.
• Facilitate knowledge sharing and skills transfer across CFS and/or GWM teams.
• Promote awareness of risk management practices within GWM.

3. Independent Oversight and Risk Monitoring

• Provide independent assessment of exceptional approval requests.
• Review Key Risk Indicator (KRI) breaches and assess risk implications.
• Provide objective oversight on governance and risk matters.
• Ensure consistent application of internal policies and standards.

4. Controls Testing and Assurance Oversight

• Establish and maintain control testing and assurance frameworks, standards and methodologies across CFS and/or GWM teams.
• Provide oversight and challenge to ensure assurance activities are conducted effectively and in line with established requirements.
• Monitor and assess the adequacy of remediation plans and the timely closure of identified control gaps and weaknesses.
• Report on assurance outcomes, control effectiveness and emerging risk themes, escalating significant issues to management as appropriate.

5.Wealth Advisory Framework Oversight

• Oversee sales advisory frameworks to ensure alignment with regulatory and internal policies.
• Review advisory processes to ensure adherence to business and regulatory requirements.
• Identify advisory risks and provide observations to relevant stakeholders.

Qualification

• Bachelor's Degree in Banking, Business, Finance or a related discipline.
• Strong knowledge of capital markets, structured products and derivatives.
• Professional certifications related to financial services or risk management would be advantageous.
• Strong understanding of wealth management, private banking operations and associated risks.
• Familiarity with regulatory requirements across Asia, including Singapore's Private Banking Code under the oversight of the Monetary Authority of Singapore.
• Strong analytical, logical and critical thinking capabilities.
• Ability to design governance frameworks and control methodologies.
• Meticulous documentation skills and attention to detail.
• Ability to engage and influence stakeholders across multiple business units.

*Only shortlisted candidates will be identified.