About the role
AI summarisedJoin KPMG in the heart of the rapidly evolving financial services landscape. You will advise a diverse range of financial institutions—including private banks, commercial banks, digital banks, capital markets intermediaries, payment service providers, and fintechs—on enhancing performance, enabling better decision-making, and satisfying compliance demands by shaping risk strategy and implementing pragmatic recommendations.
ConsultingOnsite
Key Responsibilities
- Uplifting fintech and digital banking clients' regulatory compliance processes and controls, including developing regulatory policies and procedures.
- Advising financial institutions on regulatory definitions and interpretations, performing quality reviews of existing risk processes and controls.
- Developing relevant regulatory risk processes and controls to help manage institutions’ regulatory obligations.
- Reviewing business plans, license applications, new products/services, and defining target operating models for clients.
- Developing regulatory governance frameworks, policies, and procedures to enable effective management of regulatory risks.
- Providing internal audit services and deploying regulatory specialist resources for short-to-long term projects.
- Providing customized training to clients, including senior executives, on banking and capital markets laws and regulations.
- Driving business development initiatives alongside the Solutions team, including ideation of regulatory risk management tools.
Requirements
- Bachelor or Master degree in Accountancy, Banking and Finance, or Law.
- At least 6-7 years of relevant experience in financial institutions, compliance advisory firms, or public accounting firms.
- Sound understanding of the key operations of a banking institution, capital markets intermediary, and/or payment service provider.
- Knowledge of Singapore’s Banking Act, Securities and Futures Act, Financial Advisers Act, and/or Payment Services Act and subsidiary legislations.
- Understanding of derivatives and financial instruments is required.
- Keen interest in risk and controls, fintech/regtech, and the financial services landscape.
- Ability to work across KPMG and clients at various organizational levels and with diverse cultures.