Member Supervision Regulatory Compliance (Associate)

ASIA PACIFIC EXCHANGE PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial services organization in Singapore seeks a Regulatory Compliance Officer. The role involves supervising members, ensuring compliance with regulations, and maintaining relationships with regulators. Candidates should have a degree in Accountancy and at least 3 years of relevant experience in a global audit firm. This position demands a meticulous self-starter capable of handling multiple projects.

Qualifications

• 3 years or more relevant working experience in a global audit firm.
• Experience with clients in the financial services industry is preferable.
• Ability to produce quality work under pressure.

Responsibilities

• Supervise members to ensure compliance with Trading and Clearing Rulebooks.
• Review and implement policies for internal controls.
• Maintain communications with regulators like the Monetary Authority of Singapore.

Skills

Regulatory compliance

Detail-oriented

Self-starter

Ability to multitask

Education

University degree in Accountancy

Job description

The candidate will support the Legal, Regulatory and Compliance Department (“LCD”) and reports to the Chief Regulatory Officer.

Key Duties and Responsibilities

• Member Supervision
  • Lead APEX’s supervision of members to ensure that they are fulfilling their obligations under the APEX Trading and Clearing Rulebooks.
  • Review and strengthen frameworks, policies and procedures for member supervision
  • Monitor members on their compliance with the relevant Trading and Clearing Rules, and carry out disciplinary actions if necessary.
  • Perform relevant processes under the APEX Trading Procedures and Clearing Procedures, which include:
    • Member admission, onboarding and resignation
    • Review of regular financial returns and ad-hoc notifications
    • Prepare and conduct off-site reviews and on-site inspections
• Regulatory Compliance
  • Develop and strengthen the compliance culture in APEX and related entities
  • Review and implement policies and procedures to monitor and enhance APEX’s internal controls
  • Ensure APEX’s compliance with regulatory obligations under the Securities and Futures Act, and related regulations, including, but not limited to, submission of regulatory returns, assessment of potential non-compliance and breaches, and supporting departments in their compliance needs.
  • Maintain effective communications and relationships with APEX’s regulators, such as the Monetary Authority of Singapore
• Support other functions undertaken by LCD if necessary, including corporate secretariat.

Requirements

• University degree in Accountancy from reputable institutions. Other relevant degrees may be considered.
• 3 years or more relevant working experience in a global audit firm, preferably with clients in the financial services industry.
• Motivated self-starter and able to produce quality work under pressure.
• Meticulous and detail-oriented, with ability to multi-task and manage multiple projects at once.