Senior Associate, Regulatory Compliance

NETWORK FOR ELECTRONIC TRANSFERS (SINGAPORE) PTE LTD; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A compliance-focused financial institution in Singapore is seeking a Compliance Advisor responsible for ensuring adherence to all compliance regulations. The ideal candidate should have at least 5 years of compliance experience in a regulated financial setting, possess strong analytical and problem-solving skills, and be capable of guiding business units on compliance requirements. This role involves developing policies, conducting training, and managing regulatory requests to ensure organizational compliance.

Qualifications

• At least 5 years of compliance experience in a regulated financial industry.
• Attention to detail and ability to manage multiple tasks.
• Strong interpersonal and communication skills.

Responsibilities

• Ensure compliance with laws, rules, and regulations.
• Advise business units on compliance requirements.
• Develop and implement organizational policies and procedures.
• Conduct compliance training and manage regulatory requests.

Skills

Strong analytical skills

Excellent problem-solving skills

Strong team player

Strong documentation and report writing skills

Ability to operate independently

Education

Degree in computer science, IT, information security, economics, accounting or related

Job description

This role is responsible for ensuring the company’s adherence to all related and relevant compliance regulations. He/She will be the compliance advisory for various departments and collaborate with them to ensure compliance with all applicable regulations while achieving the organization’s goals.

Key Responsibilities

• Keep abreast of regulatory developments and changes impacting the company and advise the business units accordingly.
• Ensure compliance with applicable laws, rules and regulations and apply sound ethical judgment regarding business practices and conduct.
• Provide guidance to the business units on how to comply with relevant requirements in the context of issues and problems that are raised during normal business activities.
• Work hand in hand with the business units to identify and manage regulatory risk including handling time critical incident reporting to the authority.
• Assess risk when business decisions are made, with due consideration for the company’s reputation and key stakeholders’ interests.
• Develop and implement organizational policies, standards and procedures to comply with applicable regulations.
• Develop, implement, and execute compliance testing, continuous assurance, and reporting of compliance testing reviews.
• Conduct training to improve awareness of compliance policies and regulatory requirements.
• Manage regulatory requests and inform the senior management of significant compliance matters that require their attention or action in a timely manner.

Requirements

• Degree holder in computer science, information technology, information security, economics, accounting or related disciplines with at least 5 years of compliance experience in a regulated financial industry.
• Possess strong analytical skills, paying careful and particular attention to detail.
• Excellent problem-solving skills and ability to prioritize and manage multiple tasks.
• Strong team player with track record of working well in a collaborative environment with strong inter-personal and communication skills.
• Strong in documentation and report writing skills.
• Self-driven with the ability to operate independently.