Senior Compliance Officer

Capital Human Resource Management Pte. Ltd; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

A leading company in the Finance industry is seeking a Compliance Officer to enhance its compliance framework. The role involves critical responsibilities such as regulatory compliance, risk assessments, and client onboarding, suited for a detail-oriented professional with 2 years of relevant experience. This position offers a robust career path and incentives based on client management.

Benefits

Career Advancement

Accessible via MRT

Qualifications

• Minimum 2 years of experience in compliance within a CSP or financial services.
• Familiarity with Singapore’s regulatory requirements for CSPs.
• Strong ability to work independently and in teams.

Responsibilities

• Monitor and ensure compliance with laws, regulations, and guidelines.
• Oversee client onboarding, performing due diligence and KYC checks.
• Develop and update internal compliance policies and procedures.

Skills

Analytical skills

Attention to detail

Communication skills

Problem-solving

Education

Bachelor's degree in Law, Business, Finance

Tools

Compliance software

MS Office Suite

Job description

Our Client, in the Finance Industry located in West has opening for Compliance Officer.

• 5 Days work week

• Accessible via MRT

• Career Advancement

Job Description:

The Compliance Officer will play a key role in supporting and enhancing our compliance framework. This role requires a detail-oriented professional with at least 2 years of experience in compliance within the CSP or financial services industry.

• We offer an incentive of $100/year per Nominee Directorship taken up. The Compliance Officer will also be responsible for reviewing and approving the clients they’re comfortable representing. If any client is assessed to be too high-risk, they have full discretion to decline. We have solid SOPs in place to support this, including World-Check (used by global banks), a 30/30 compliance rating from ACRA, and professional indemnity insurance for added assurance.

• On average, we onboard 20–30 Nominee Director clients per month, with a renewal rate of over 50%. To give you a sense of the earning potential:

• Taking on 10 clients per month = $1,000/year

• After 6 months = 60 clients = $6,000/year

• With renewals factored in, this amount compounds over time and can build into a steady, recurring income stream.

Key Responsibilities

• Regulatory Compliance: Monitor and ensure compliance with applicable laws, regulations, and guidelines, including ACRA, MAS, and AML/CFT requirements.

• Client Onboarding and KYC: Oversee client onboarding, performing due diligence and KYC checks in line with regulatory standards and company policies.

• Policies and Procedures: Develop, review, and update internal compliance policies and procedures to ensure adherence to regulatory changes.

• Risk Assessment: Conduct risk assessments on clients and business activities to identify potential compliance risks and propose mitigation strategies.

• Monitoring and Reporting: Implement and maintain a compliance monitoring program; report compliance issues and breaches to senior management, recommending corrective actions.

• Training: Educate and train employees on regulatory compliance, AML/CFT requirements, and any updates in relevant policies and procedures.

• Audit Support: Assist in preparing for internal and external audits, ensuring documentation and processes meet audit requirements.

• Liaison: Act as the point of contact with regulatory bodies, staying informed of regulatory updates and ensuring timely filings and notifications.

Requirements

• Education: Bachelor's degree in Law, Business, Finance, or a related field.

• Experience: Minimum of 2 years of experience in compliance within a Corporate Service Provider (CSP) or financial services environment.

• Knowledge: Familiarity with Singapore’s regulatory requirements for CSPs, including ACRA, AML/CFT, and MAS guidelines.

• Strong analytical and problem-solving skills.

• Excellent attention to detail and high level of accuracy

• Strong written and verbal communication skills

• Ability to work independently and as part of a team

• Proficiency in compliance software and MS Office Suite.

Qualified or interested candidates, kindly apply to us in

the FOLLOWING FORMAT to facilitate the short listing process;

Attachment of CV’s in MS WORD FORMAT

Resumes please INCLUDE:

• Personal Particulars

• Education background

• Work experiences in point forms

• All Reasons for leaving

• Current and Expected salary

• Date of availability / Notice Period

**We regret that only shortlisted candidates would be notified.

Your Profile will be kept in our database for more career opportunities.

We wish you all the best in your job search.

Kyan Hou Shenglong

Reg No: R1435754

EA No: 19C9570