About the role
AI summarisedThis is a senior compliance role at a bank, responsible for providing specialist business compliance advisory to business units and ensuring adherence to regulatory requirements. The role involves monitoring regulatory changes, conducting compliance risk assessments, and supporting the implementation of compliance frameworks.
BusinessFull-timeGeneral
Key Responsibilities
- Provide specialist compliance advisory to business units on regulatory requirements and internal policies.
- Monitor and assess the impact of new and amended regulations on business operations.
- Conduct compliance risk assessments and reviews to identify and mitigate regulatory risks.
- Support the development and implementation of compliance frameworks, policies, and procedures.
- Prepare and present compliance reports to senior management and relevant committees.
- Collaborate with business units to ensure compliance with AML, KYC, and other regulatory obligations.
- Assist in regulatory inspections, audits, and inquiries from authorities.
- Provide training and guidance to staff on compliance matters.
Requirements
- Degree in Law, Finance, Business, or a related field.
- Minimum 10 years of experience in compliance, legal, or regulatory roles within the banking or financial services industry.
- Strong knowledge of MAS regulations, AML/CFT requirements, and industry guidelines.
- Excellent analytical, communication, and stakeholder management skills.
- Ability to work independently and manage multiple priorities.
- Proven track record in providing compliance advisory and managing regulatory risks.
- Experience in conducting compliance reviews and risk assessments.
- Familiarity with banking products and services.
- Strong written and verbal communication skills in English.