Head, Compliance (MAMS)

Maybank Investment Banking Group; Singapore; On-site; SGD 150,000 - 240,000; Full time

Job summary

Maybank Asset Management Singapore is seeking an experienced compliance professional to lead the Compliance function for our asset management business. The successful candidate will oversee regulatory compliance and AML/CFT frameworks, providing guidance to the business and ensuring adherence to regulatory requirements and internal policies.

Key responsibilities include monitoring, reporting to Head of Compliance and subsidiaries, updating policies, conducting regular regulatory awareness

Qualifications

• Lead the Compliance function for the asset management business.
• Oversee regulatory compliance and AML/CFT framework.
• Provide compliance guidance to the business and ensure policy adherence.
• Conduct compliance monitoring and escalation as per plan.
• Maintain and update Compliance Manual and internal policies.
• Deliver regular firm-wide regulatory awareness training.
• Perform AML/KYC checking and monitoring.
• Collaborate with Risk Management on process implementation and review.

Responsibilities

• Oversee the Compliance and AML matters within Maybank Asset Management Singapore.
• Undertake compliance monitoring activities as prescribed within the Compliance Monitoring Plan.
• Record, escalate, and track issues to resolution.
• Produce reports for Head of Compliance and related subsidiaries.
• Update Compliance Manual and internal policies in response to regulatory changes.
• Facilitate regulatory training across the firm.
• Conduct AML/KYC checks and monitoring activities.
• Work with Risk Management on process implementation and review.

Skills

Regulatory compliance

AML/KYC

Stakeholder management

Leadership

Analytical skills

Policy interpretation

Education

Bachelor’s degree in law, Finance, Business, Accounting or related discipline

Professional certification in compliance / AML/CFT / risk management

Job description

We are looking for an experienced compliance professional to lead the Compliance function for our Asset Management business. The successful candidate will be responsible for overseeing the organization’s regulatory compliance and Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework, providing compliance guidance to the business, and ensuring adherence to applicable regulatory requirements and internal policies.

Key Responsibilities:

• Responsible for the overall Compliance and Anti-Money Laundering matters within Maybank Asset Management Singapore.
• To undertake compliance monitoring activities within the MAMS as prescribed within the Compliance Monitoring Plan.
• To ensure any issues identified are recorded and correctly escalated and tracked to conclusion.
• To produce reports for submission to Head of Compliance and related subsidiaries.
• To update Compliance Manual and review the internal policies/ manuals or outsourced agreement on a periodic basis and to take consideration any regulatory or business changes, or areas that need to be prioritized.
• To facilitate and conduct regular firm-wide regulatory awareness training for staff.
• To conduct AML/KYC checking and monitoring.
• To work with the Risk Management Department on implementation and review of business processes.
• Strong knowledge of the regulatory requirements and compliance obligations applicable to the asset management industry.
• In-depth knowledge of AML/CFT, KYC, sanctions and regulatory compliance frameworks.
• Strong understanding of asset management products, investment activities and business operations.
• Ability to interpret regulatory requirements and translate them into practical policies, controls and business guidance.
• Strong stakeholder management skills, with the ability to engage effectively with regulators, senior management, auditors, legal counsel and business functions.
• Sound judgement and the ability to identify, assess and manage regulatory and compliance risks.
• Strong leadership and people management capabilities.
• Excellent analytical, problem-solving and decision-making skills.
• High level of integrity, professionalism and attention to detail.
• Bachelor’s degree in law, Finance, Business, Accounting or a related discipline.
• Relevant professional certification in compliance, AML/CFT, risk management or a related field would be an advantage.
• Minimum 8 years of relevant compliance experience, preferably with significant exposure to the asset management industry.

We regret that only shortlisted candidates will be notified.