Regulatory Compliance Manager/AVP – Regional Wholesale Bank

at  REVUP CONSULTING PTE LTD

A regional wholesale bank is currently seeking an experienced Regulatory Compliance professional for their team. You will be given a great opportunity in this role offers significant exposure to senior management and regulatory authorities, providing opportunities to expand your skills and advance your career in regulatory advisory. In return, you will enjoy an attractive annual renumeration of up to SGD $100,000 per annum.

Key Responsibilities:

• Support the regulatory team in ensuring the successful implementation of the branch’s compliance plan, aligning with local and international regulatory standards.
• Provide timely and accurate responses to regulatory authorities’ queries, while coordinating the completion of surveys, audits, and other information requests.
• Collaborate with senior management and the Head of Department (HOD) in drafting the annual compliance plan, ensuring alignment with business objectives and regulatory expectations.
• Lead compliance training sessions, offering expert guidance on regulatory frameworks, including the Banking Act, Securities and Futures Act (SFA), Financial Advisers Act (FAA), and other relevant compliance requirements.
• Advise on regulatory impacts, ensuring that compliance policies and procedures are up-to-date and aligned with local regulations and Head Office directives.
• Prepare and review periodic regulatory reporting, ensuring all submissions to local regulatory authorities, Head Office, and Management are accurate, timely, and aligned with regulatory expectations.
• Monitor regulatory updates, tracking changes in local regulations and conducting briefings with relevant departments to ensure smooth implementation and understanding of any regulatory changes.
• Lead the annual regulatory risk assessment, identifying emerging regulatory risks and ensuring effective risk mitigation strategies are in place.

Requirements:

• Strong understanding of regulatory frameworks, including the Banking Act, SFA, FAA, and other key regulations in the financial industry.
• Proven experience in regulatory advisory, compliance review, and risk management.
• Excellent communication skills with the ability to advise and influence stakeholders at all levels, including senior management.
• Ability to interpret complex regulatory requirements and translate them into actionable compliance strategies.
• Experience in leading compliance training initiatives and ensuring team alignment with regulatory expectations.

If you are interested in the role, please apply with your updated resume to adora.lee@revup-consulting.com (R1879177) for a confidential discussion. If the role does not match your profile, feel free to refer the role to your professional peers or friends

• Support the regulatory team in ensuring the successful implementation of the branch’s compliance plan, aligning with local and international regulatory standards.
• Provide timely and accurate responses to regulatory authorities’ queries, while coordinating the completion of surveys, audits, and other information requests.
• Collaborate with senior management and the Head of Department (HOD) in drafting the annual compliance plan, ensuring alignment with business objectives and regulatory expectations.
• Lead compliance training sessions, offering expert guidance on regulatory frameworks, including the Banking Act, Securities and Futures Act (SFA), Financial Advisers Act (FAA), and other relevant compliance requirements.
• Advise on regulatory impacts, ensuring that compliance policies and procedures are up-to-date and aligned with local regulations and Head Office directives.
• Prepare and review periodic regulatory reporting, ensuring all submissions to local regulatory authorities, Head Office, and Management are accurate, timely, and aligned with regulatory expectations.
• Monitor regulatory updates, tracking changes in local regulations and conducting briefings with relevant departments to ensure smooth implementation and understanding of any regulatory changes.
• Lead the annual regulatory risk assessment, identifying emerging regulatory risks and ensuring effective risk mitigation strategies are in place