Job Summary

• The Senior Compliance Specialist is responsible for supporting the development, implementation, and
• management of compliance programs. This role involves working closely with the management, business
• stakeholders, and control functions to identify, assess, and mitigate compliance risks, ensuring adherence to
• applicable laws, regulations, and internal corporate policies. The Senior Compliance Specialist will actively
• contribute to fostering a culture of compliance, provide sound compliance advice, and lead initiatives to
• enhance the overall compliance environment. This position will also support regional projects as opportunities
• arise and serve as a subject matter expert on specific compliance topics.

Role Responsibilities

• Compliance Advisory: Support the analysis of business needs and provide corresponding compliance advice on topics like licensing, privacy, sanctions, code of conduct, regulatory compliance, etc.
• Compliance Program Development: Support the establishment of an effective compliance program that aligns with local regulations and internal policies, ensuring comprehensive coverage of compliance requirements.
• Regulatory Requirements Assessment: Collaborate with country compliance leads to assess, document, and monitor compliance risks associated with new regulatory requirements, providing timely updates and strategic recommendations to the management.
• Compliance Risk Assessment & Reporting: Conduct compliance risk assessments to identify emerging risks and compliance challenges within the organization, ensuring proactive risk management. Support the reporting of risk assessment outcome, emerging risks and compliance updates to the board of directors, senior management and home office.
• Testing and Monitoring: Implement and manage compliance testing plans, performing periodic assessments of compliance practices across business units. Document findings and facilitate the implementation of corrective actions where necessary.
• AML/Sanction: Support the team in the development and operating effectiveness of sanction screening and AML controls including supporting the review of sanctions screening reports and referrals.
• Data Privacy: In collaboration with legal ensure adequate data protection controls are in place and in compliance with Data Protection laws and regulations.
• Training and Awareness: Support the development and delivery of compliance training and engagement programs to promote a culture of compliance and ethical conduct throughout the organization.
• Regulatory Liaison: Support the management of regulatory queries, inspections, and audits, ensuring timely responses and effective communication with regulators.
• Collaboration with Key Functions: Work closely with Legal, Internal Audit, and Global Compliance & Ethics teams to address compliance issues, investigate allegations, and communicate findings effectively.
• Policy Development and Implementation: Develop, document, and implement compliance policies and procedures, including maintaining the Policy Registers, to ensure alignment with regulatory standards and internal risk appetite.
• Cross-Functional Participation: Actively participate in regional or global projects that require compliance oversight and support, contributing to a collaborative and integrated approach to compliance management that aligns with corporate values.

Job Requirements

• A minimum of 5 years of relevant experience preferably in compliance within the financial services industry with exposure to regulatory environments in Singapore and/or Hong Kong.
• Strong understanding of the regulatory landscape, including the expectations of the Monetary Authority of Singapore (MAS) and the Personal Data Protection Commission (PDPC).
• Strong business, financial and market acumen awareness/understanding.
• Proven ability to communicate effectively at all levels, both written and orally, with a strong emphasis on interpersonal skills.
• Excellent analytical, problem-solving, and project management abilities, with a track record of managing complex compliance issues.
• Familiarity with compliance monitoring tools and methodologies, along with advanced proficiency in Microsoft Office applications.
• Strong relationship-building skills with an ability to influence and negotiate effectively.
• Sound decision-making capabilities with a results-driven approach.
• High attention to detail and prioritization skills, ensuring timely execution of compliance tasks.
• A proactive attitude toward continuous process improvement and self-development.

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• Compliance Advisory: Support the analysis of business needs and provide corresponding compliance advice on topics like licensing, privacy, sanctions, code of conduct, regulatory compliance, etc.
• Compliance Program Development: Support the establishment of an effective compliance program that aligns with local regulations and internal policies, ensuring comprehensive coverage of compliance requirements.
• Regulatory Requirements Assessment: Collaborate with country compliance leads to assess, document, and monitor compliance risks associated with new regulatory requirements, providing timely updates and strategic recommendations to the management.
• Compliance Risk Assessment & Reporting: Conduct compliance risk assessments to identify emerging risks and compliance challenges within the organization, ensuring proactive risk management. Support the reporting of risk assessment outcome, emerging risks and compliance updates to the board of directors, senior management and home office.
• Testing and Monitoring: Implement and manage compliance testing plans, performing periodic assessments of compliance practices across business units. Document findings and facilitate the implementation of corrective actions where necessary.
• AML/Sanction: Support the team in the development and operating effectiveness of sanction screening and AML controls including supporting the review of sanctions screening reports and referrals.
• Data Privacy: In collaboration with legal ensure adequate data protection controls are in place and in compliance with Data Protection laws and regulations.
• Training and Awareness: Support the development and delivery of compliance training and engagement programs to promote a culture of compliance and ethical conduct throughout the organization.
• Regulatory Liaison: Support the management of regulatory queries, inspections, and audits, ensuring timely responses and effective communication with regulators.
• Collaboration with Key Functions: Work closely with Legal, Internal Audit, and Global Compliance & Ethics teams to address compliance issues, investigate allegations, and communicate findings effectively.
• Policy Development and Implementation: Develop, document, and implement compliance policies and procedures, including maintaining the Policy Registers, to ensure alignment with regulatory standards and internal risk appetite.
• Cross-Functional Participation: Actively participate in regional or global projects that require compliance oversight and support, contributing to a collaborative and integrated approach to compliance management that aligns with corporate values