Associate/AVP, Financial Crime Compliance (Contract)

at  GIC Investment

Location:Singapore, SG
Job Function: Legal & Compliance Department
Job Type: Contract
Req ID: 15956
GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 locations around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.

WHAT IMPACT CAN YOU MAKE IN THIS ROLE?

You will be part of a team that manages the legal, regulatory, compliance, and reputational risks of GIC.
We are looking for a highly motivated, high calibre candidate to join us as an Associate/Assistant Vice President, Financial Crime Compliance for a 1 year contract.

WHAT WILL YOU DO AS AN ASSOCIATE/AVP, FINANCIAL CRIME COMPLIANCE (CONTRACT)?

• Advise on GIC’s Financial Crimes Compliance (“FCC”) Framework, which covers (i) Anti-bribery and corruption, (ii) Anti-money laundering and counter terrorist financing, and (iii) sanctions compliance, and work with stakeholders to pre-empt, identify and escalate risk and control issues/gaps and propose robust and pragmatic solutions to address them
• Monitor global developments in FCC laws and regulations, in particular, sanctions regimes administered by the UN and other major jurisdictions (e.g. US, UK, EU and China) and where required, update stakeholders of these developments and their corresponding impact on GIC’s investment/trading and operational activities
• Review and approve FCC due diligence requests submitted by stakeholders as part of new and refresh submissions
• Perform FCC ongoing monitoring, including review of name screening alerts triggered by the Dow Jones system
• Perform communications surveillance on FCC-related risk scenarios
• Support FCC system changes and work closely with Technology Group to identify and resolve any system issues, including to perform UAT testing before the fixes/enhancements are deployed
• Design and prepare FCC training materials and conduct face-to-face FCC training for stakeholders

WHAT QUALIFICATIONS OR SKILLS SHOULD YOU POSSESS IN THIS ROLE?

• Preferably 5 to 8 years’ experience in Compliance and in reviewing/interpreting laws and regulations, with majority of the experience in the FCC function
• Strong working knowledge of financial products, securities trading in public markets and/or investments in private markets
• Strong analytical skills and clear thought process abilities
• Meticulous with a keen eye for detail (e.g. need to review lengthy due diligence reports, sometimes running into hundreds of pages, and memos by external legal counsels) to identify, investigate and address FCC and general compliance risks
• Effective and clear verbal and written communication skills, including communicating effectively with internal and external stakeholders (e.g. investment professionals, external legal counsels) of varying levels of seniority
• Confident, driven, proactive, able to work independently and being a strong team player at the same time