Head of Compliance

STRIVEX PTE. LTD.; Singapore; On-site; SGD 125,000 - 150,000; Full time

Job summary

An established bank in Singapore seeks a dynamic Head of Compliance to lead its compliance function and financial crime prevention framework. Reporting to the CEO, you will oversee regulatory adherence and risk mitigation while managing a team of compliance professionals. Your expertise in AML/CFT and knowledge of Singapore banking regulations will be crucial. The role involves liaising with the Monetary Authority of Singapore and providing compliance guidance to senior management.

Qualifications

• Deep expertise in AML/CFT within banking or financial services.
• Proven experience in managing compliance teams.
• In-depth knowledge of Singapore banking regulations.

Responsibilities

• Lead the Singapore Compliance function for risk mitigation.
• Develop and execute AML/CFT framework and policies.
• Serve as the liaison with MAS for regulatory matters.
• Provide compliance advice to business leaders.
• Review legal documentation to manage compliance risks.
• Mentor and develop the local compliance team.
• Align local policies with group standards.

Skills

AML/CFT expertise

Regulatory compliance knowledge

Team management

Stakeholder management

Communication skills

Education

Degree in Law, Finance, Business, or related field

Tools

Regulatory reporting tools

Job description

About the Organisation Our client is an established bank with a significant and growing presence in Singapore. They are seeking an experienced and dynamic Head of Compliance to lead the Singapore compliance function. This is a pivotal role within the senior management team, offering high visibility and the opportunity to shape the compliance culture.

Job Summary

Reporting directly to the CEO, Singapore, with a functional reporting line to the Group Head of Compliance at Head Office, you will lead the Singapore branch’s compliance and financial crime prevention framework. You will act as the key interface with the Monetary Authority of Singapore (MAS) and lead a team of compliance professionals to ensure regulatory adherence and risk mitigation.

Responsibilities

• Lead the Singapore Compliance function, embedding a strong compliance culture and governance frameworks across all business units to mitigate regulatory and financial crime risks
• Develop and execute the AML/CFT framework, including policies, procedures, customer due diligence, transaction monitoring, sanctions screening, and management of suspicious activity reports to ensure regulatory compliance
• Serve as the primary liaison with MAS and other regulatory bodies, delivering timely, accurate, and high-quality regulatory reporting and submissions
• Provide authoritative, practical, and timely compliance advice to business leaders and senior management on regulatory requirements, emerging regulations, and compliance risks to support informed decision-making
• Review and vet legal and compliance-related documentation, including agreements and NDAs, coordinating with internal teams and external counsel to manage legal risk
• Lead, mentor, and develop the local compliance team, fostering a high-performance culture focused on continuous learning and professional growth
• Collaborate closely with the Group Head of Compliance to align local policies and procedures with group standards and regulatory expectations

Required competencies and certifications

• Deep, hands‑on expertise in AML/CFT and broad regulatory compliance within the banking or financial services sector
• Proven experience managing and developing compliance teams to achieve operational excellence
• In‑depth knowledge of Singapore banking regulations and MAS expectations, demonstrated through effective regulatory engagement

Preferred competencies and qualifications

• Experience reviewing and negotiating legal documentation to mitigate compliance and legal risks
• Excellent communication, presentation, and stakeholder management skills, with the ability to operate independently and influence senior management
• A degree in Law, Finance, Business, or a related field
• Relevant professional certifications such as CAMS or ICA