Regulatory Compliance Testing (12-Month Contract)

LMA RECRUITMENT SINGAPORE PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

LMA Recruitment Singapore PTE. LTD. invites experienced professionals to join its Regulatory Monitoring & Testing team in Singapore.

The role focuses on assessing regulatory controls, identifying gaps, and driving timely remediation to ensure compliance with Singapore banking and securities regulations. You will plan and execute independent compliance testing, evaluate controls, conduct QA reviews, prepare clear reports and dashboards, and collaborate with risk partners to close findings and

Qualifications

• Bachelor's degree in Banking & Finance, Business or related discipline.
• At least 3 years of relevant experience in Regulatory Compliance Testing, Compliance Monitoring, or Compliance Quality Assurance within banking or financial services.
• Experience testing Singapore banking and securities regulations preferred.
• Strong analytical, reporting, and stakeholder management skills.
• ICA qualifications or equivalent compliance certifications beneficial.

Responsibilities

• Support regulatory monitoring and testing to identify compliance gaps and remediation.
• Plan and execute independent testing against Singapore regulations.
• Evaluate adequacy and effectiveness of controls and propose improvements.
• Conduct independent quality assurance reviews for regulatory compliance.
• Prepare testing reports, dashboards, and trend analyses for management.
• Collaborate with Group Compliance and risk partners to close findings.

Skills

Regulatory compliance testing

Compliance monitoring

Quality assurance

Data analytics

Remediation tracking

Stakeholder management

Education

Bachelor's degree in Banking & Finance

Business

Tools

Data analytics tools

Job description

Support the Singapore Regulatory Monitoring & Testing team in assessing the effectiveness of regulatory controls, identifying compliance gaps, and driving timely remediation to ensure adherence to applicable Singapore regulatory requirements.

Regulatory Compliance Testing: Plan and execute independent compliance testing and monitoring reviews against applicable Singapore regulations, including the Banking Act, Securities and Futures Act, and Financial Advisers Act.

Control Assessment: Evaluate the adequacy and effectiveness of regulatory compliance controls, processes, and procedures; identify gaps and recommend practical improvements.

Quality Assurance: Conduct independent quality assurance reviews to assess compliance with regulatory requirements, internal policies, and established standards.

Issue Remediation: Work closely with Business Units and Risk Partners to address findings, monitor corrective actions, and ensure timely and sustainable closure of identified issues.

Reporting & Analysis: Prepare clear and concise testing reports, management updates, dashboards, and trend analysis to highlight key findings, control weaknesses, and areas for improvement.

Framework Enhancement: Contribute to the development and enhancement of compliance testing methodologies, sampling approaches, review criteria, policies, and procedures.

Stakeholder Collaboration: Coordinate with Group Compliance and relevant stakeholders to ensure consistency in testing approaches, reporting standards, and compliance oversight.

Job Requirements

Bachelor's degree in Banking & Finance, Business, or a related discipline; relevant professional qualifications are advantageous.

At least 3 years of relevant experience in Regulatory Compliance Testing, Compliance Monitoring, or Compliance Quality Assurance within the banking or financial services industry.

Demonstrated experience in testing non-FCC/AML regulatory compliance requirements, preferably covering Singapore banking and securities regulations.

Good understanding of regulatory compliance frameworks, control testing methodologies, issue identification, and remediation tracking.

Strong analytical, critical thinking, and report-writing skills, with the ability to translate testing findings into actionable recommendations.

Proficiency in data analytics tools and techniques is an advantage; ICA qualifications or equivalent compliance certifications would be beneficial.

Good communication and stakeholder management skills, with the ability to work effectively with business and compliance teams.

Company Reg No.: 201131609D | License No.: 24S2411 | Reg No:R21102223 | Goh Choon Mui