Internal Control Specialist

Indosuez group; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Indosuez Wealth Management in Singapore seeks a dynamic First Line of Defense Internal Control Specialist to strengthen risk governance and oversee front office activities.

Reporting to the Internal Control Team Lead, you will drive 1LoD controls, KRIs, and surveillance, focusing on sales suitability, advisory processes, and audit readiness.

You will collaborate with Compliance, Second Line Risk, and operations, providing training and guidance to sustain a robust risk culture.

Qualifications

• Bachelor's degree or equivalent professional credential.
• Minimum 5 years in internal control, risk management, or audit in Private Banking.
• Deep knowledge of private banking advisory and selling processes.
• Strong analytical, data literacy and problem-solving abilities.
• Excellent communication and stakeholder management.
• Proficiency with Microsoft Office; VBA, Power BI, Tableau, Python or SQL is a plus.

Responsibilities

• Execute and evolve the Bank's 1LoD risk framework, implementing and monitoring KRIs for Front Office activities.
• Perform Front Office control and surveillance on sales suitability, advisory processes, fees and fund transfers.
• Lead regular business and control reviews with actionable insights for senior management.
• Conduct deep-dive data analyses and trend assessments to identify control lapses.
• Drive end-to-end remediation with proper documentation of closure evidences.
• Advise Front Office teams on internal policies and regulatory compliance.

Skills

Analytical skills

Data literacy

Problem solving

Time management

Communication

Stakeholder management

Education

Bachelor's degree

Tools

Microsoft Office

Power BI

Tableau

Python

SQL

VBA

Job description

We are seeking a dynamic and experienced First Line of Defense Internal Control Specialist to strengthen the risk governance framework and oversee business activities within our Private Banking Singapore branch.

Reporting to the Internal Control Team Lead in Singapore, you will drive, manage and execute comprehensive front office internal controls, with a strong focus on sales suitability, selling processes, KRI monitoring, and operational risk mitigation.

This role requires strong autonomy, sound judgement, and the ability to independently manage branch control governance while supporting strategic business initiatives. In this role, you will have the opportunity to support the below tasks, but not limited to: -

• Execute and evolve the Bank's First Line of Defense (1LoD) risk management framework, driving the implementation and ongoing monitoring of Scorecard Key Risk Indicators (KRIs) to ensure Front Office activities strictly align with internal and regulatory mandates
• Perform full suite of Front Office control and surveillance activities, focusing closely on sales suitability, advisory and selling processes, fees and commissions, and first- and third-party fund transfer controls

Analysis, Monitoring and Remediation

• Lead regular business and control reviews to deliver actionable insights and comprehensive risk assessments that support senior management decision-making
• Conduct deep-dive data analysis and trend assessments to proactively identify control lapses, and design strategic process enhancements
• Drive remediation efforts from end to end, ensuring all tracked issues are resolved with high-quality outcomes and fully documented evidence of closure

Stakeholder Collaboration & Advisory

• Provide advisory and guidance to Front Office teams, Investment Advisors, and Product Specialists regarding internal policies and regulatory compliance
• Partner seamlessly with cross-functional teams across Compliance, Second Line Risk Management, and operational functions to sustain a unified, robust risk culture
• Act as a key point of contact for internal and external auditors, steering evidence preparation and managing prompt responses to audit findings

Training & Project Support

• Champion risk awareness by delivering targeted training and continuous guidance to employees on internal control principles and policies.
• Drive and support strategic business initiatives, process-related risk projects, working groups, and governance forums.
• Manage ad-hoc risk tasks and corporate workstreams, ensuring high-quality, timely delivery of updates

Requirements

To be successful in this role, you should possess:

• Education: Bachelor's or University Degree (or equivalent professional credential)
• Experience: Minimum 5 years of experience in either internal control, risk management, business management, audit, first-line-of-defense function or other relevant experience within Private Banking or Wealth Management
• Industry Knowledge: Strong understanding of the broader private banking business, with deep knowledge of advisory and selling processes, and a commitment to keeping abreast of industry trends and regulatory updates
• Analytical Skills: Excellent analytical ability with high attention to detail, alongside the capacity to evaluate diverse factors comprehensively to devise and execute effective solutions
• Data Literacy: Good technical proficiency in analysing business data, with the ability to draw actionable insights from large or multiple data sets to drive process optimsation, automation and reporting
• Problem Solving: Proactive mindset with independent judgement and robust problem-solving capabilities
• Time & Project Management: Outstanding organisation skills to effectively manage a multifaceted role with time-sensitive priorities and multiple concurrent assignments
• Communication & Collaboration: Strong team player with exceptional communication and stakeholder management skills, with a proven ability to confidently partner with and engage Front Office/ Relationship Managers and senior management
• Technical Skills: Advanced proficiency in Microsoft Office (Excel, Word, Powerpoint); prior exposure to VBA macros, Power BI, Tableau, Python or SQL is a distinct advantage but not essential