Compliance Specialist, Regulatory Compliance (Manager) at Oversea Chinese Banking Corp

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

18 Dec, 25

Salary

0.0

Posted On

19 Sep, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Regulatory Compliance, Advisory Services, Stakeholder Engagement, Analytical Skills, Problem-Solving, Interpersonal Skills, Communication Skills, Attention to Detail, Team Collaboration, Regulatory Framework, Private Banking, Compliance Issues, Cultural Framework, Data Management, Policy Implementation, Incident Reporting

Industry

Banking

Description

Bank of Singapore opens doors to new opportunities. At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today! The Singapore Regulatory Compliance team supports BOS group in managing regulatory, compliance and conduct risks, through effective stakeholder engagement, robust regulatory change management and provision of pragmatic and timely advisory services. The team works closely with the business, risk and infrastructure units to advise them in analysing and resolving compliance issues, provides head office support to Regulatory Compliance teams in overseas offices/branches/subsidiaries, handles regulatory inquiries and affairs, is a subject matter expert on regulatory requirements relating to private banking / wealth management business and products, and helps drive effective implementation of head office policies and procedures arising from regulatory changes. MAIN DUTIES Advisory and Policy Take a consultative approach in providing timely and quality advice to business, risk and infrastructure units on compliance, regulatory and policy matters. Work closely with business, risk and infrastructure units on the roll-out of Regulatory Compliance head office policies and procedures. Maintain and update Regulatory Compliance training materials. Work closely with business, risk and infrastructure units to assess incidents whether they are regulatory breaches and/or involve staff misconduct, and handle reporting of regulatory breaches and/or misconduct to MAS. Coordinate with internal stakeholders to address and respond to regulatory inquiries or surveys on a timely basis. Timely escalation of adverse or significant compliance/regulatory issues to Regulatory Compliance management. Culture and Conduct Assist in the preparation of the Culture and Conduct Dashboard. Assist and coordinate the annual Culture and Conduct Attestation and Fair Dealing Attestation. Maintain Culture & Conduct Framework and Fair Dealing Framework (and related policies/procedures) Head Office support Provide Head Office support and coordination to Regulatory Compliance teams in overseas offices/branches/subsidiaries on policy matters, information requests, regulatory/compliance-related matters and others. Information management and reporting (non-exhaustive) Maintain Regulatory Compliance Matrix Regulatory reporting (eg Form 28). Preparation of data and information for input to management reporting, including following up with internal stakeholders where required. Close supervision monitoring Requirements Minimum 3 years of relevant experience, preferably in private banking compliance; or with MAS or audit firms. Good understanding of MAS requirements, including Banking Act, Securities and Futures Act, Financial Advisers Act, Private Banking Code of Conduct, Fair Dealing Guidelines and Individual Accountability & Conduct Guidelines. Good understanding of the regulatory framework for private banking/wealth management business would be an advantage. Excellent interpersonal skills and the ability to work collaboratively in a team-oriented environment. Exceptional written and oral communication skills, with ability to communicate complex ideas effectively. Strong analytical and problem-solving skills; able to quickly identify the issues, exercise sound judgement and manage execution under pressure. Attentive to details and capable of multi-tasking in a fast-paced environment; able to meet tight timelines and work independently. Degree holder Relevant professional/industry qualification such as ICA Diploma in Compliance would be an advantage. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.

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Responsibilities

The Compliance Specialist will provide timely and quality advice on compliance, regulatory, and policy matters while coordinating with various units to manage regulatory inquiries and incidents. The role also involves maintaining compliance training materials and supporting head office compliance teams in overseas offices.