Compliance Officer/Manager

at  Maybank Singapore

JOB DESCRIPTION

The position reports to the Head of Regulatory Advisory. Seniority of position to be offered will be commensurate with the candidate’s actual experience.

JOB SKILLS

Defining-Problems
Teamwork
Critical-Thinking

JOB REQUIREMENTS

• General degree holder, preferably in Law or Business.
• Minimum of 3-5 years of relevant Regulatory Compliance experience.
• Good working knowledge of Banking Act, FAA, SFA, PDPA and other local regulations applicable to full banks.
• Good interpersonal and communication skills.
• Organizational understanding and strong team player.
• Strong analytical and problem-solving skills, together with good policy writing ability.
• Ability to multi-task effectively.

Job Description :

• Provide ongoing compliance support and advice on day-to-day operations in compliance with the Bank’s compliance framework, including new business initiatives, products and projects, outsourcing arrangements and third party arrangements.
• Proactively monitor and assess new and emerging regulations issued by MAS, PDPC and other relevant regulatory authorities.
• Assess regulatory breaches.
• Validate customer complaints in relation to investment and insurance sales and advisory process.
• Develop and maintain compliance framework and policies to ensure compliance to regulatory requirements.
• Assess the adequacy and effectiveness of internal controls, procedures and guidelines to ensure all significant Compliance risks are identified and managed appropriately.
• Provide regulatory compliance trainings for staff in the Bank. The trainings will pertain to relevant policies and procedures, as well as thematic trainings on new MAS and/or BNM regulations.
• Drive and/or participate in projects to implement internal policies or regulatory requirements.
• Support in preparing reports for governance meetings.
• Coordinate and liaise with regulatory authorities on regulatory enquiries, reporting, inspection or investigation.
• Coordinate internal and external audits within compliance department, including commenting on and closing audit findings and/or recommendations.
• Assume any other tasks as assigned by the Head of Regulatory Advisory and/or Chief Compliance Officer, Singapore

Job Description :

• Provide ongoing compliance support and advice on day-to-day operations in compliance with the Bank’s compliance framework, including new business initiatives, products and projects, outsourcing arrangements and third party arrangements.
• Proactively monitor and assess new and emerging regulations issued by MAS, PDPC and other relevant regulatory authorities.
• Assess regulatory breaches.
• Validate customer complaints in relation to investment and insurance sales and advisory process.
• Develop and maintain compliance framework and policies to ensure compliance to regulatory requirements.
• Assess the adequacy and effectiveness of internal controls, procedures and guidelines to ensure all significant Compliance risks are identified and managed appropriately.
• Provide regulatory compliance trainings for staff in the Bank. The trainings will pertain to relevant policies and procedures, as well as thematic trainings on new MAS and/or BNM regulations.
• Drive and/or participate in projects to implement internal policies or regulatory requirements.
• Support in preparing reports for governance meetings.
• Coordinate and liaise with regulatory authorities on regulatory enquiries, reporting, inspection or investigation.
• Coordinate internal and external audits within compliance department, including commenting on and closing audit findings and/or recommendations.
• Assume any other tasks as assigned by the Head of Regulatory Advisory and/or Chief Compliance Officer, Singapore.