Manager/Executive - Regulatory Monitoring and Testing

Maybank; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading bank in Singapore is seeking a Manager/Executive for Regulatory Monitoring and Testing. This role focuses on ensuring compliance through Quality Assurance reviews and monitoring programs for key regulations. The ideal candidate will have a Bachelor's degree, 6–10 years of experience in banking or finance, and skills in data analytics. You will work closely with senior management to report compliance results and drive continuous improvement in regulatory standards.

Qualifications

• 6–10 years of experience in the banking or financial industry.
• Strong analytical and critical-thinking skills.
• Excellent communication and report-writing skills.

Responsibilities

• Lead independent Quality Assurance reviews.
• Design and execute compliance monitoring programs.
• Prepare and present QA and monitoring results to management.

Skills

Teamwork

Collaboration

Education

Bachelor’s degree or relevant professional qualification

Proficiency in Data Analytics

Tools

Data Analytics

Job description

Manager/Executive - Regulatory Monitoring and Testing

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Job Description

Support the Head, Regulatory Monitoring & Testing (RMT), 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.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Business Development and Sales

Industries

Banking

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