Manager/Executive - Regulatory Monitoring and Testing

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

Job summary

Maybank Singapore Limited is seeking an experienced professional to support the Head of Regulatory Compliance Testing (RCT) in managing regulatory compliance risks. The role involves leading QA reviews, conducting cross-functional testing across regulatory and financial crime areas, and developing QA frameworks.

Strong analytical skills, data analytics potential, and stakeholder management are essential. You will oversee surveillance programs, enhance testing methodologies, and contribute to

Qualifications

• Bachelor's degree or professional qualification in a related field.
• Degree in Banking & Finance or ICA Diploma preferred; Data Analytics is an advantage.
• 6–10 years of experience in banking/financial industry with exposure to risk, compliance, operations, or audit.
• Excellent communication, report-writing, and stakeholder management skills.

Responsibilities

• Lead independent QA reviews to assess adherence to regulatory requirements, policies and Group standards.
• Conduct QA across Regulatory Compliance and Financial Crime Compliance areas to ensure quality and consistency of outputs.
• Develop and maintain QA frameworks, templates, and tools; identify gaps and track remediation.
• Provide training to enhance QA understanding and standards.
• Design and execute surveillance and monitoring programs for regulatory compliance.
• Review testing methodologies, sampling, control assessment, and data analytics techniques.
• Develop, review, update compliance frameworks, policies, and procedures; collaborate with risk partners.
• Prepare and present QA results, findings, and trends to senior management and committees.
• Consolidate monthly/quarterly compliance reporting including dashboards for Group Compliance.
• Support regulatory reporting and governance documentation; ensure accuracy and timeliness.
• Track issue resolution and remediation progress; coordinate with Group counterparts.

Skills

Teamwork

Collaboration

Education

Bachelor's degree or relevant professional qualification in a related field

Degree in Banking & Finance or ICA Diploma preferred

Job description

Job Description

Support the Head, Regulatory Compliance Testing (RCT), Singapore, in managing the overall regulatory compliance risks of Maybank Singapore Limited.

Job Description

Support the Head, Regulatory Compliance Testing (RCT), Singapore, in managing the overall regulatory compliance risks of Maybank Singapore Limited.

Job Responsibilities

• Quality Assurance (QA):
• Lead and perform independent Quality Assurance reviews to assess adherence to regulatory requirements, internal policies, and Group standards.
• Conduct QA reviews across both Regulatory Compliance and Financial Crime Compliance (FCC) areas to ensure the quality and consistency of monitoring outputs.
• Develop and maintain QA frameworks, templates, and tools to standardize the review process and enhance quality outcomes. Identify process and control gaps, recommend enhancements, and track remediation actions to completion.
• Provide training or feedback sessions to enhance reviewers’ understanding of QA expectations and standards.
• Control Testing & Monitoring:
• Design and execute surveillance and monitoring programs to provide independent assurance on compliance with key regulations (e.g., Banking Act, SFA, FAA, PDPA).
• Review and enhance testing methodologies, including sampling, control assessment, and data analytics techniques.
• Conduct control testing and thematic reviews to assess the adequacy and effectiveness of business and compliance controls.
• Develop, review, and update compliance frameworks, policies, and procedures (excluding FCC) to ensure alignment with regulatory and Group requirements. Collaborate with business units and risk partners to address identified issues, ensuring effective remediation and sustainable control improvements.
• Reporting & Governance:
• Prepare and present QA and monitoring results, key findings, and trend analysis to senior management and compliance committees.
• Consolidate monthly and quarterly compliance reporting (including dashboards and metrics) for management and Group Compliance.
• Support regulatory reporting and governance documentation requirements, ensuring accuracy, completeness, and timely submission.
• Track and monitor issue resolution, follow-ups, and thematic observations to provide management with clear oversight of remediation progress.
• Coordinate with Group counterparts on QA results, deviation justifications, and compliance performance metrics to maintain consistency in reporting standards.

Job Skills

• Teamwork
• Collaboration

Job Requirements

• Bachelor’s degree or relevant professional qualification in a related field.
• Degree in Banking & Finance or ICA Diploma preferred; proficiency in Data Analytics is an advantage.
• 6–10 years of experience in the banking or financial industry with exposure to business, risk, compliance, operations, or audit.
• Strong analytical and critical-thinking skills, with an interest in leveraging Data Analytics and Generative AI for monitoring and assurance activities.
• Excellent communication, report-writing, and stakeholder management skills.