Regulatory & Compliance Senior Officer (Banking/ Up to $6k) (ID: 692207)

PERSOL SINGAPORE PTE. LTD.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A regulatory compliance consultancy in Singapore is seeking a compliance professional to implement compliance plans and conduct reviews. Ideal candidates will have at least 5 years of relevant experience and a degree in Business or a related field. Strong interpersonal skills and knowledge of the Banking Act will be advantageous. This role includes drafting compliance plans, responding to inquiries from regulatory authorities, and conducting training for staff.

Qualifications

• Minimum of 5 years of relevant experience in a regulatory compliance role.
• Experience with advisory in compliance frameworks and conducting compliance reviews/testing.
• Knowledge of the Banking Act is advantageous.

Responsibilities

• Implement the branch compliance plan effectively.
• Respond to routine inquiries from regulatory authorities.
• Develop and conduct periodic compliance reviews.
• Investigate compliance breaches and address customer complaints.
• Draft the annual compliance plan for approval.
• Conduct compliance training and provide advisory on regulatory frameworks.
• Update and implement compliance policies and procedures.
• Prepare and review periodic reports for authorities and management.
• Monitor regulatory changes and facilitate implementation discussions.
• Conduct annual regulatory risk assessments.

Skills

Compliance advisory

Regulatory knowledge

Interpersonal skills

Education

Bachelor's degree in Business or related discipline

Job description

Responsibilities

• Implement the branch compliance plan effectively.
• Respond to routine inquiries from regulatory authorities and manage requests for information.
• Develop and conduct periodic compliance reviews.
• Investigate compliance breaches and address customer complaints.
• Draft the annual compliance plan for departmental and management approval.
• Conduct compliance training and provide advisory on relevant regulatory frameworks.
• Update and implement compliance policies and procedures, aligned with local regulations.
• Prepare and review periodic reports for regulatory authorities, head office, and management.
• Monitor regulatory changes and facilitate implementation discussions with relevant departments.
• Conduct annual regulatory risk assessments.
• Perform additional tasks as assigned by the Head of Department.

Requirements

• Recognized bachelor’s degree or higher, preferably in Business or a related discipline.
• Minimum of 5 years of relevant experience in a regulatory compliance role.
• Experience with advisory in compliance frameworks and conducting compliance reviews/testing (e.g., Balanced Scorecard Review, Private Banking Sales Advisory Review).
• Knowledge of the Banking Act is advantageous.
• Strong interpersonal skills to collaborate with stakeholders across multiple departments.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

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