About the role
AI summarisedThis is a Manager-level role in PwC's Regulatory Risk and Compliance practice within Risk Services, focusing on providing regulatory advice and compliance services to financial services clients including banks, payments, and fintech companies. The role involves conducting compliance reviews, internal audits, and helping clients navigate regulatory requirements such as MAS regulations.
BusinessFull-timeGeneral
Key Responsibilities
- Providing regulatory advice to financial services clients such as banks/payments/Fintech companies (remittance, merchant acquisition, money-changing etc.) on areas relating to risk, regulations and compliance.
- Conducting compliance reviews and internal audits, and formulating recommendations for processes and controls to better comply with regulatory requirements, regulators' expectations and industry/market practices.
- Providing regulatory advice on areas such as licensing, regulatory reporting, compliance framework development and operationalizing regulatory change.
- Providing support to financial services audit engagements on regulatory and compliance reporting.
- Helping to build our Compliance Outsourcing Services.
- Working with our strategic alliance partner to formulate new services / product to the market (e.g. regulatory technology / platform).
- Working on business developments or new market opportunities (e.g. new clients, services, proposal formulation).
- Managing key stakeholder relationships, including communication of the scope of work, findings and observations, industry updates.
Requirements
- At least 2 years of banking regulatory or external audit experience in a big 4 audit firm, regulator or financial institution.
- Previous employment with regulator(s) will be highly preferred.
- Good understanding of the banks/payments/Fintech companies (remittance, merchant acquisition, money-changing etc.) landscape.
- Experience in local MAS regulatory requirements preferred. This includes Banking Act, Payments Act, Individual Accountability and Conduct, Securities and Futures Act, Financial Advisers Act, amongst others.
- Experienced in performing internal audits or internal control reviews.
- Meticulous and attention to details, possessing an analytical and enquiring mind-set.
- Professional, confident and highly motivated self-starter, with an ability to handle multiple engagements/projects in a fast pace environment with tight deadlines.
- Positive attitude to learn and strong team player.
- Possess strong values, personal integrity and emotional intelligence.