Head of Compliance|Banking

at  GREENLANE PRIVATE LTD

KEY REQUIREMENTS:

• Bachelor Degree in related discipline
• At least 8 years of relevant Compliance experience in a financial institution
• Professional qualifications in Compliance will be an added advantage
• Demonstrated leadership and strong people engagement skill
• Good knowledge in regulatory and governance requirements
• Strong communication skills, ability to converse and read and write in Chinese as some agreements and HQ documents are in Chinese and need to liaise with Mandarin speaking HQ colleagues

• Assist Branch Management in developing and enhancing compliance policies and procedures to ensure a robust Compliance Framework in place.
• Provide compliance advisory support to the Branch Management in the discharge of their Compliance duties.
• Ensure timely submission of Compliance Review Reports to Management and other reports to Head Office.
• Supervise Compliance team review of the Branch’s business activities to ensure strict regulatory compliance.
• Supervise Compliance team preparation of Quarterly Compliance Report before submission to Management.
• Work closely with internal auditors, external auditors and MAS pertaining to regulatory and compliance-related matters.
• Implementing Anti-Money Laundering & Countering Terrorist Financing (AML) measures and reporting of suspicious transactions to the appropriate Authorities, in consultation with Branch Management.
• Ensure timely update of Compliance Manual.
• Convene Risk Management and Compliance Committee meetings required under the terms of reference.
• Conduct Compliance Orientation for new staff and annual AML Refresher Training for all staff.
• Co-ordinate drafting and updating of the branch Business Continuity Plan.Carry out any other tasks as assigned by Branch Management.