Senior Compliance Executive

Phillip Securities Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a dedicated compliance executive to enhance their compliance programs and provide regulatory guidance. In this role, you'll conduct compliance reviews, oversee onboarding processes, and develop risk-based compliance initiatives. Your expertise will help advise various business units on meeting regulatory requirements, ensuring that internal processes are robust and effective. This position offers a unique opportunity to contribute to the integrity of the Trust business while working in a collaborative environment. If you are detail-oriented and passionate about compliance in the financial sector, this role is perfect for you.

Qualifications

• Experience in compliance or risk management in the financial industry preferred.
• Knowledge of Trust Companies Act is advantageous.

Responsibilities

• Conduct compliance reviews and monitoring across the Trust company’s activities.
• Advise business units on regulatory requirements and compliance risk policies.

Skills

Compliance Management

Risk Management

Regulatory Advisory

Analytical Skills

Communication Skills

Attention to Detail

Job description

Role Overview:

The executive will assist in managing and executing the compliance programs, provide regulatory advisory/guidance in respect of the Trust business.

Responsibilities:

• Conduct compliance reviews and monitoring/surveillance across the Trust company’s business activities;
• Responsible for on-boarding matters such as source of wealth and source of funds review and the subsequent periodic reviews and ongoing transaction monitoring;
• Develop risk-based compliance programs to facilitate the execution of compliance reviews and monitoring;
• Advise the business units in meeting regulatory requirements through implementing appropriate compliance risk policies, assisting with the creation, revision and implementation of risk and compliance management initiatives/policies, and enhancing and improving internal processes and procedures;
• Review the Internal /external audit report from each area of the business, identifying trends and areas of concern and working with the business units of the Group to reduce any unacceptable exposures to regulatory risk;
• Provide compliance training and support through issuing of internal compliance updates and training modules.
• Any other tasks and/or responsibility that commensurate with the role and may be expected by the Board of Directors from time to time.

Requirements:

• Experience in compliance or risk management in the financial industry (banking, securities dealings or financial advisory) preferred.
• Knowledge of key applicable regulations e.g. Trust Companies Act and/or Trustee Act is advantageous
• Good writing, strong communication skills
• Good analytical, interpersonal, decision-making skills
• Attention to details
• Be able to work independently and monitor timelines
• Team player