Regulatory Compliance Specialist

Trust Bank; Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

A leading digital bank in Singapore is seeking a Regulatory Compliance Specialist to support compliance risk management. The ideal candidate will have a minimum of 7 years in the financial industry, with strong skills in compliance advisory and stakeholder management. Responsibilities include designing compliance frameworks and ensuring regulatory alignment. This role offers the opportunity to work in a fast-paced environment with innovative teams.

Qualifications

• 7 years of financial sector experience.
• At least 5 years in regulatory compliance second line of defence roles.
• Advanced level proficiency in compliance advisory on regulations.

Responsibilities

• Support the Chief Compliance Officer in managing compliance risks.
• Design and implement regulatory compliance frameworks.
• Perform second line of defence role for compliance risk management.

Skills

Regulatory compliance advisory

Data management compliance advisory

Stakeholder management

Problem-solving

Job description

Overview

Trust is the first of a new breed of banks in Singapore – digitally native and focused on delivering a delightful customer experience. You will work in a fast-paced and collaborative environment to solve new and interesting challenges each day. Together with our Trust team, you will help shape the future of our bank and be able to work on and solve many interesting challenges which we are facing, learn new ways of working, and help build delightful high-quality products for our customers.

As a Regulatory Compliance Specialist, you'd be able to work on and solve many interesting challenges which we are facing, learn new ways of working, and help build delightful innovative products and journeys for our customers.

Job Description

You will be responsible for supporting the Chief Compliance Officer, in managing Regulatory Compliance (RC) and Conduct risks, aligning to the Enterprise Risk Management Framework. You will be responsible for the implementation of RC and Conduct frameworks, policies and procedures for the Bank.

Role Responsibility

• Provide advice and training on regulatory requirements, with a focus on the Securities and Futures Act, the Financial Advisers Act and associated regulations and guidelines, policies and standards of fair dealing and professional conduct.
• Support the design and end-to-end implementation of appropriate RC and Conduct frameworks, policies and procedures for identifying, assessing, managing, monitoring, mitigating and reporting RC and Conduct risks, including data conduct, for digital-led retail wealth management and bancassurance in Singapore, and ensure effective management of issues and risks in collaboration with relevant stakeholders, and compliance with applicable regulations, policies and procedures.
• Perform second line of defence role for managing RC and Conduct risks, facilitate the whistleblowing process, and escalate issues, as appropriate.
• Keep abreast of regulatory developments, manage regulatory consultations and support regulatory change implementation.

Role Specific Technical Competencies

• Singapore regulatory compliance advisory — Advanced
• Data management compliance advisory — Core

Our Ideal Candidate

• 7 years of financial sector experience, with at least 5 years in RC second line of defence roles.
• Possess advanced level of proficiency in compliance advisory on regulations, policies and standards, as well as core level of proficiency in data conduct.
• Able to solve problems under pressure, innovate and achieve results sustainably.
• Possess strong stakeholder management skills; able to collaborate and communicate effectively.

Good to have (Optional)

• Privacy notices and consent handling experience (if applicable to the role).

Privacy and Equal Opportunity

If you apply for a job with Trust or submit any personal information in connection with a possible job opportunity, you agree to our privacy notice for job applicants.

Trust is an inclusive and open-minded workplace. If you are good at what you do and care about doing a good job, that’s what we focus and want from you. Trust is an equal opportunity employer. We prohibit discrimination and harassment of any kind. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to age, gender, physical ability, race, religion or belief, family or parental status, sexuality, or any other status protected by laws or regulations. We encourage applicants of all ages.