Senior Manager, Compliance and Risk

ROECNY PTE. LTD.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading compliance and risk management firm in Singapore is seeking a Senior Manager for Compliance and Risk. The candidate will develop and maintain risk management frameworks, conduct risk assessments, and ensure compliance with laws and internal standards. Responsibilities include conducting training programs and acting as a liaison with regulators. The ideal applicant should have strong expertise in compliance protocols, risk management, and knowledge of banking obligations set by the Monetary Authority of Singapore.

Qualifications

• Expertise in risk management and compliance frameworks.
• Strong ability to conduct risk assessments and audits.
• Knowledge of banking license obligations in Singapore.

Responsibilities

• Develop and maintain risk management frameworks and policies.
• Conduct risk assessments and develop mitigation strategies.
• Design and conduct training programs on compliance.

Skills

Risk management frameworks

Compliance protocols

Auditing and monitoring

Investigation techniques

Regulatory knowledge

Job description

Key responsibilities of ROECNY Senior Manager, Compliance and Risk

• Policy and program development:Develop, implement, and maintain information technology system integration, risk management frameworks, policies, and procedures to ensure compliance with laws and internal standards.
• Risk assessment and mitigation:Conduct regular risk assessments to identify potential issues, evaluate the effectiveness of controls, and develop strategies to mitigate risks to the organization's assets, reputation, and operations.
• Auditing and monitoring:Perform internal reviews, checks and re-performance of business processes to ensure compliance with established policies and regulations.
• Training and awareness:Design, procure and /or conduct training programs to educate employees on compliance protocols, legal requirements, and ethical conduct.
• Investigation and reporting:Investigate potential compliance violations, follow up on incidents, and prepare comprehensive reports for senior management on compliance status and potential risks.
• Regulatory liaison:Act as a point of contact with external auditors, regulators, and industry bodies to stay current with changes and ensure adherence to external requirements.
• Advisory role:Provide guidance and expertise to internal departments and management on risk management and compliance matters, advising on new initiatives and potential risks.
• Specific requirement:Knowledge in and implementations of the obligations of a banking licence issued by the Monetary Authority of Singapore.
• Specific requirement:Knowledge in and implementations of account onboarding and periodic monitoring processes to manage the risks relating anti-money laundering and countering the financing of terrorism.