Manager, Compliance and Risk

ROECNY PTE. LTD.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A compliance-focused financial firm in Singapore is seeking aManager, Compliance and Risk to develop and maintain risk management frameworks and ensure compliance with regulations. The role includes conducting risk assessments, providing training on compliance protocols, and liaising with external auditors. Candidates should have strong skills in risk management and compliance, along with knowledge of banking license obligations. This position offers an exciting opportunity to shape compliance initiatives within the organization.

Qualifications

• Experience in compliance frameworks and risk management.
• Knowledge of banking license obligations from the Monetary Authority of Singapore.
• Ability to conduct training related to compliance.

Responsibilities

• Develop, implement, and maintain risk management frameworks.
• Conduct regular risk assessments to identify potential issues.
• Perform internal reviews to ensure compliance with regulations.
• Design and conduct training programs on compliance protocols.
• Investigate potential compliance violations and report findings.
• Act as a liaison with external auditors and regulators.

Skills

Risk management

Compliance knowledge

Policy development

Auditing

Investigative skills

Job description

Key responsibilities of ROECNY Manager, Compliance and Risk

• Policy and program development:Develop, implement, and maintain information technology system integration, risk management frameworks, policies, and procedures to ensure compliance with laws and internal standards.
• Risk assessment and mitigation:Conduct regular risk assessments to identify potential issues, evaluate the effectiveness of controls, and develop strategies to mitigate risks to the organization's assets, reputation, and operations.
• Auditing and monitoring:Perform internal reviews, checks and re-performance of business processes to ensure compliance with established policies and regulations.
• Training and awareness:Design, procure and /or conduct training programs to educate employees on compliance protocols, legal requirements, and ethical conduct.
• Investigation and reporting:Investigate potential compliance violations, follow up on incidents, and prepare comprehensive reports for senior management on compliance status and potential risks.
• Regulatory liaison:Act as a point of contact with external auditors, regulators, and industry bodies to stay current with changes and ensure adherence to external requirements.
• Advisory role:Provide guidance and expertise to internal departments and management on risk management and compliance matters, advising on new initiatives and potential risks.
• Specific requirement:Knowledge in and implementations of the obligations of a banking licence issued by the Monetary Authority of Singapore.
• Specific requirement:Knowledge in and implementations of account onboarding and periodic monitoring processes to manage the risks relating anti-money laundering and countering the financing of terrorism.