Regulatory Compliance Officer, Private Banking

BTI Executive Search Pte Ltd; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading firm is seeking an experienced Compliance professional to enhance the regulatory compliance function in their Private Banking segment. The role will involve developing compliance frameworks, regulatory training, and maintaining compliance policies to adhere to local laws and regulations, particularly in the areas of AML and KYC. Candidates should possess a Bachelor's degree and over 5 years of relevant experience, along with a strong proficiency in Mandarin.

Qualifications

• Over 5 years of experience in regulatory compliance within Wealth Management or Private Banking.
• Strong knowledge of Private Banking products and regulatory landscape.
• Experience in AML reviews and KYC processes highly desirable.

Responsibilities

• Ensure compliance policies meet internal and local regulatory requirements.
• Support training and advise on regulatory matters.
• Conduct compliance reviews and risk assessments focused on AML.

Skills

Regulatory compliance

Anti-money laundering (AML)

Know Your Customer (KYC)

Analytical skills

Problem-solving skills

Detail-oriented

Proficiency in Mandarin

Team-oriented

Education

Bachelor’s degree

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

Our client is seeking an experienced Compliance professional to support the regulatory compliance function within their Private Banking business. The role focuses on ensuring adherence to relevant laws and regulations, particularly in anti-money laundering (AML), and contributing to the development of effective compliance frameworks.

Key Responsibilities:

• Ensure the Private Banking business maintains and updates compliance policies and procedures in line with both internal standards and local regulatory requirements.

• Support the Compliance Lead in delivering compliance training, advising on regulatory matters, and providing guidance on new regulations, business initiatives, product approvals, and licensing requirements.

• Monitor regulatory developments and promptly communicate relevant updates to management and business units.

• Coordinate responses to regulatory inquiries, audits, and internal investigations, and maintain constructive relationships with regulatory bodies where applicable.

• Conduct compliance reviews and risk assessments, with a focus on AML and regulatory compliance.

• Review marketing materials and client-facing documents to ensure regulatory alignment.

• Evaluate agreements and contracts related to Private Banking activities.

• Assist in broader Legal and Compliance Department responsibilities as needed.

To Succeed in This Role, You’ll Need：

• Bachelor’s degree with over 5 years of experience in regulatory compliance within Wealth Management, Private Banking, or relevant professional services (e.g., Big 4 firms).

• Experience in AML reviews and KYC processes is highly desirable.

• Strong knowledge of Private Banking or Wealth Management products and the regulatory landscape.

• Possesses proficiency in Mandarin to effectively communicate with Mandarin-speaking clients.

• Self-motivated, detail-oriented, and capable of working independently.

• Strong analytical and problem-solving skills with a strategic mindset.

• Team-oriented with a proactive and positive attitude.

• Proficient in Microsoft Excel and PowerPoint.

If you are keen to explore and have a confidential chat, feel free to share your resume by applying for this role.

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