Regulatory and Financial Crime Compliance Executive

IFAST FINANCIAL PTE. LTD.; Singapore; On-site; SGD 45,000 - 60,000; Full time

Job summary

A prominent financial service provider in Singapore is seeking a Compliance Officer to manage and promote adherence to regulation in the capital market and financial advisory industry. The role involves conducting compliance reviews, regulatory reporting, and staff training on AML/CFT compliance. Ideal candidates will possess a degree in relevant fields and demonstrate strong analytical and communication skills, along with integrity and attention to detail.

Qualifications

• Good degree in Accountancy, Business, Banking & Finance, or Law.
• 1-2 years of compliance experience or entry-level applicants are encouraged.
• Strong understanding of AML/CFT regulations and relevant legislation.

Responsibilities

• Conduct reviews and assessments on compliance issues related to AML and CFT.
• Implement compliance initiatives and frameworks to meet regulatory changes.
• Facilitate compliance training for staff to promote a compliance culture.

Skills

Analytical skills

Interpersonal skills

Communication skills

Attention to detail

Education

Degree in Accountancy

Degree in Business

Degree in Banking & Finance

Degree in Law

Job description

Responsibilities

• Conduct reviews and assessments on targeted compliance issues, investigations, or potential problems, including those related to Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT)
• Stay informed about developments and changes in regulations governing the capital market, financial advisory industry, and AML/CFT. Plan, develop, monitor, revise, and implement compliance initiatives in response to these changes
• Prepare and submit various reports to regulators and authorities as required
• Facilitate compliance-related training for staff and directors, including AML/CFT training, to promote a strong compliance culture within the company.
• Implement and maintain robust frameworks for compliance reviews, including AML/CFT compliance reviews, to assess adherence to applicable rules and regulations.
• Provide timely and accurate compliance advisory, including AML/CFT compliance guidance, to relevant stakeholders to ensure regulatory compliance.
• Handle other compliance duties and ad-hoc projects as assigned.

Requirements:

• Good degree in Accountancy, Business, Banking & Finance, or Law
• Minimum 1-2 years of compliance experience in the capital market and financial advisory industry. Candidates without working experience are also encouraged to apply
• Good understanding of regulations affecting business operations, which include but are not limited to the Securities and Futures Act (SFA), Financial Advisers Act (FAA), Personal Data Protection Act (PDPA) and AML/CFT regulations
• Good command of English and communication skills
• Independent, driven, resourceful and meticulous
• High sense of responsibility and integrity
• Strong interpersonal and analytical skills
• Able to cope with pressure and tight deadlines