Trust Compliance Officer

Riverside Trustees Limited; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

A boutique tech-enabled fiduciary firm in Singapore seeks an experienced Compliance Officer. This role involves ensuring compliance with MAS regulations and overseeing a digital-first onboarding process. The ideal candidate will have over 5 years of experience in fiduciary/trust services and be proficient in regulatory and legal compliance, as well as data protection. Expectations include working closely with a young team and utilizing advanced tech solutions. This position offers generous leave and a unique work culture.

Benefits

25 days annual leave

Annual office shutdown between Christmas and New Year

Innovative work environment

Qualifications

• 5+ years as Compliance Officer in Fiduciary/Trust Services.
• Local Talent: Singapore Citizen or Permanent Resident.
• Digital fluency with onboarding platforms.

Responsibilities

• Ensure compliance with Singapore's Anti-Money Laundering laws.
• Oversee regulatory ecosystem and liaise with MAS.
• Develop annual compliance plan and deliver staff training.

Skills

Regulatory Compliance

Legal Compliance

Data Protection

Tech Oversight

AML/CFT Training

Education

Relevant professional qualification (ACAMS, STEP, etc.)

Bachelor’s degree or equivalent in law, accountancy or business

Tools

SONAR

Microsoft OS

Job description

Company: Trustees Limited

Location: Singapore (Central)

Experience: 5+ Years as Compliance Officer in Fiduciary/Trust Services

About Riverside Trustees

Riverside is not your typical trust company. We are a boutique tech-enabled Singapore fiduciary firm that bridges the gap between bespoke Private Trust Company (PTC) and family trust arrangements, to scalable digital retail trusts. With a 4-year track record and a growing portfolio of over 8,000 digital trust accounts, we are industry veterans with a "Trust-Tech" infrastructure. We specialise in making estate planning accessible for every family by replacing legacy paper trails with a proprietary, digitised approach with automated client data onboarding and tech-enabled asset monitoring.

www.riversidetrustees.sg

The Role

Following a retirement, we are looking for a local Compliance Officer who thrives at the intersection of traditional MAS regulations and modern FinTech efficiency. Reporting to the Managing Director, the Compliance Officer is a critical role at the Company and the post holder must intimately know current rules and regulations of the trust industry in Singapore to ensure that our reputation and capital are protected by maintaining a good standing with our regulators, clients, staff and business partners. You will oversee our regulatory ecosystem. You aren't just a gatekeeper; you are an enabler of our digital-first onboarding process.

The post holder will also perform the role of Data Protection Officer.

The Riverside Advantage

• Lifestyle: 25 days of annual leave + a guaranteed annual office shutdown between Christmas and New Year.

• Culture: A young, high-calibre team where you own the compliance "engine room" rather than being a cog in a machine.

• Tech-First: Say goodbye to manual filing. You will lead a compliance framework that leverages AI-driven screening and digital ID verification.

· The post holder will also perform the role of Data Protection Officer.

Main Duties and Responsibilities

• Regulatory Compliance: Ensure the Company continues to meet the Singapore regulatory requirements for Anti-Money Laundering and Counter-Terrorist Financing under the CDSA, MAS Notice TCA-N03 and MAS FSG-G01 guidelines issued May 2025 on Fit and Proper criteria.

• Legal Compliance: Ensure the Company continues to meet the Singapore regulatory requirements under the Trust Companies Act, Trust Companies Regulations and the Guidelines laid down by MAS.

• Strategic Compliance: Supported by our Compliance Assistant, work alongside our Senior Trust Administrator and Trust Admin Assistant teams to ensure digital client data is high-quality, auditable, and secure.

• Tech-Oversight: Manage and refine our 10-Step Digital Onboarding workflow to ensure it meets the latest MAS Notice TCA-N03 (June 2025 updates).

• MAS Liaison: Act as the primary contact for MAS, handling all MAS-Tx filings and ensuring Riverside remains a "Fit and Proper" gold standard.

• Innovation: Help us integrate new tech (like Proliferation Financing risk scoring) into our digitised Enterprise-Wide Risk Assessment (EWRA).

• Internal IPPCs: Review and advise the Board on amendments to the Internal Policies, Procedures and Controls documentation so as to ensure that it can adequately address the risks faced by the Company.

• Annual Compliance Plan: Maintain and continue to develop our annual compliance plan to ensure that the risks faced by the Company are adequately addressed through the Internal Policies, Procedures and Controls documentation and Enterprise-Wide Risk Assessments with proposals for suggested amendments to the Board.

• Quarterly Compliance Report: Prepare a quarterly compliance report for the Board summarising relevant matters from the past quarter such AML matters, onboarding matters, new staff compliance, new regulatory updated circulated, changes to polices and other specific other relevant matters etc.

• Investigate suspicious transactions reported by the staff or collaborating party user interface providers and advise Management on the appropriate actions to take. Lodge Suspicious Transition Reports ("STR") via SONAR digital portal and maintain STR Register.

• Internal Audit: Review past internal audit reports on the Company’s AML/CFT policies, procedures and controls and liaise with Internal Audit team in relation to annual reviews and monitoring of compliance and corporate governance policies.

• AML/CFT/PF Training: Develop and deliver AML/CTF/PF compliance training to new and existing staff.

• Data Protection: As appointed Data Protection office (DPO) deal with matters arising in relation to data protection, including keeping DP policies and procedures up- to-date.

Requirements

• Local Talent: Singapore Citizen or Permanent Resident.

• Expertise: 5+ years in a Licensed Trust Company (LTC).

• Digital Fluency: Comfortable with Microsoft OS, digital onboarding platforms, and SONAR/STR filing.

• Mindset: You value efficiency, automation, and the work-life balance that a boutique startup provides and have dual commercial and protective outlook.

• Qualifications: relevant professional qualification, such as from ACAMS, STEP, SAICSA, ICA or equivalent;

Desirable

• bachelor’s degree or equivalent in law, accountancy or business;

• past experience as Data Protection Officer;

• past experience dealing with MAS.

Why Join Riverside?

• Dynamic Portfolio: Gain exposure to a mix of traditional family trust arrangements of various types and innovative Trust-Tech digital arrangements with end to end digital onboarding, providing a wealth of technical learning.

• The STEP Connection: Work directly with STEP-qualified veterans who are committed to your professional development.

• Innovation: Help shape the future of "Trust-Tech" by providing feedback on our proprietary administrative systems.

• Generous holiday entitlement