Senior Compliance Manager

St. James's Place Wealth Management; Singapore; On-site; SGD 85,000 - 120,000; Full time

Job summary

A well-established wealth management firm is seeking an experienced compliance professional with a minimum of 6 years in the field. The successful candidate will ensure adherence to regulations, provide compliance advice, and conduct training for employees. The role requires excellent analytical skills and a strong understanding of the regulatory environment in Singapore.

Qualifications

• Minimum 6 years of experience in a compliance role.
• Proven experience in developing compliance programs.
• Good knowledge of relevant laws like Securities and Futures Act.

Responsibilities

• Support the Head of Compliance in regulatory awareness.
• Perform gap analysis and manage compliance reviews.
• Conduct regulatory training for employees.

Skills

Analytical Skills

Problem-Solving Skills

Project Management

Attention to Detail

Communication Skills

Job description

Key Responsibilities

• Support the Head of Compliance in maintaining awareness of the regulatory environment to promptly address the fulfillment of regulatory standards/reporting, information requests and Group requirements.

• Ensure that the Company’s internal policies and procedures such as AML/CFT Framework, Outsourcing Policy and Compliance Manual are updated and reviewed on a periodic basis, aligned with the prevailing regulatory requirements and Group.

• Provide timely, practical and accurate compliance advice to Partnership and relevant departments, as a subject matter expert of regulations from MAS.

• Undertake gap analysis, enhanced due diligence reviews, ongoing periodic compliance reviews, and manage potential fraud cases and suspicious transactions if any. This includes escalation to the regulators where appropriate.

• Design and conduct regulatory training for new joiners and existing Partnership and employees to ensure all is kept abreast of regulatory updates.

• Maintain proper records of compliance activities and ensure the timely provision of management information to facilitate internal reporting and evaluation needs by Head of Compliance.

• Liaise with auditors and/or authorities to fulfill inspection requirements when required and ensure corrective actions are implemented.

• Manage all other Compliance-related areas and undertake ad-hoc projects and system testing works as assigned.
  

Requirements

• Minimum 6 or more years of experience in a compliance role within a corporate environment.

• Proven experience in developing and implementing compliance programs and policies, as well as conducting compliance assessments.

• Good knowledge of the Securities and Futures Act, Financial Advisers Act, Insurance Act and the subsidiary legislation, as well as any other requirements.

• A good understanding of compliance, AML and risk management requirements issued by MAS as relevant to the distribution activities in Singapore

• Experience of interacting with the local regulators, auditors, authorities/associations or similar.

• Excellent analytical and problem-solving skills.

• Strong project management skills with the ability to manage multiple projects simultaneously.

• Highly self-motivated with a strong sense of accountability and attention to detail.

• Capable of quickly adapting to new methodologies and working towards deadlines.

• Excellent verbal and written communication skills.

• Detail-oriented with a high level of integrity and ethical standard.