Head of Compliance (Fund Services)

michael page international pte ltd; Singapore; On-site; SGD 150,000 - 210,000; Full time

Job summary

Our client, a growing financial services group, seeks a local Head of Compliance and MLRO in Singapore to lead regulatory compliance, AML/CFT and financial crime oversight for the Singapore platform. You will build the local governance and risk framework, working with regional and global teams to align with group standards.

You will oversee investigations, regulatory reporting and ongoing regulatory developments, shaping policies and controls as the business scales its Singapore operations.

Qualifications

• Minimum 8 years of relevant Compliance and AML/CFT experience within financial services, ideally in fund administration, asset servicing, securities services, trust services or investment management.
• Experience acting as MLRO, Deputy MLRO or Compliance professional with responsibility for suspicious activity investigations and AML controls.
• Strong knowledge of Singapore regulatory requirements and experience dealing with regulators, audits or supervisory reviews.
• Knowledge of fund structures, fund services or institutional investment businesses, with ability to assess regulatory and financial crime risks across client and fund arrangements.

Responsibilities

• Act as the local Head of Compliance and MLRO, overseeing regulatory compliance, AML/CFT and financial crime for the Singapore business and its administered funds.
• Establish and maintain compliance frameworks, risk assessments, monitoring programmes and control plans.
• Review and investigate suspicious activity, higher-risk relationships, PEPs, sanctions and other financial crime matters, with escalation and reporting.
• Lead regulatory engagement, including responses to regulatory enquiries, inspections, questionnaires, audits and ongoing regulatory developments.
• Develop and maintain local policies and procedures; align with regional and global Compliance teams.

Skills

AML/CFT

Regulatory compliance

Risk assessment

Leadership

Regulatory reporting

Job description

• Lead Compliance and MLRO for a growing Singapore fund services platform
• Shape the compliance framework for a new institutional services business

About Our Client

Our client is an established international financial services group with a strong global presence across institutional and investment services. The organisation supports asset managers, investment funds and institutional investors through a broad range of fund and asset servicing solutions across multiple markets.

As part of its continued expansion in Asia, the group is establishing a new Singapore operation and is building out its local governance, compliance and financial crime capabilities. This represents an opportunity to join the business at an early stage and contribute directly to the development of its Singapore platform.

Job De ion

• Act as the local Head of Compliance and MLRO, overseeing regulatory compliance, AML/CFT and financial crime matters for the Singapore business and its administered funds.
• Establish and maintain compliance frameworks, risk assessments, monitoring programmes and control plans appropriate to the business and individual fund structures.
• Review and investigate suspicious activity, higher-risk relationships, PEPs, sanctions and other financial crime matters, ensuring appropriate escalation and reporting.
• Lead regulatory engagement, including responses to regulatory enquiries, inspections, questionnaires, audits and ongoing regulatory developments.
• Develop and maintain local policies and procedures while working closely with regional and global Compliance teams to ensure alignment with group standards.

The Successful Applicant

• Minimum 8 years of relevant Compliance and AML/CFT experience within financial services, ideally gained within fund administration, asset servicing, securities services, trust services or investment management.
• Prior experience acting as an MLRO, Deputy MLRO or Compliance professional with direct responsibility for suspicious activity investigations, higher-risk clients and AML controls.
• Good understanding of Singapore regulatory requirements and experience dealing directly with regulators, audits or supervisory reviews.
• Strong knowledge of fund structures, fund services or institutional investment businesses, with the ability to assess regulatory and financial crime risks across different client and fund arrangements.

What's on Offer

This is an opportunity to take on a highly visible leadership role within the new Singapore operation of an established global financial institution. You will have the opportunity to shape the local Compliance and AML framework from an early stage, work closely with senior stakeholders across the region and globally, and play an important role in the long-term development of the Singapore business.

The organisation offers a competitive compensation package, strong international exposure and the opportunity to build a meaningful Compliance function within a growing institutional financial services platform.