Job Responsibilities:
- Provide ongoing regulatory compliance advisory and support to all business units and support functions.
- Manage new and revised regulations, consultation papers, surveys issued by MAS, PDPC and other relevant regulatory authorities.
- Proactively manage and assess regulatory concerns, understand regulators expectations and be an effective and trusted liaison for Maybank Singapore Limited with regulators.
- Build and maintain a relationship of trust and transparency with the regulators, coordinating responses to regulatory queries and regulatory breaches.
- Validate customer complaints in relation to investment and insurance sales to ensure that it is in line with the sales advisory process and Fair Dealing Guidelines.
- Develop and maintain compliance framework, register and policies to ensure compliance with regulatory requirements.
- Assess the adequacy and effectiveness of internal controls, procedures and guidelines to ensure all significant Compliance risks are identified and managed appropriately.
- Drive and/or participate in projects providing advice and implementing internal policies or regulatory requirements.
- Provide support in preparing reports for governance and management meetings.
- Coordinate regulatory inspections, annual reviews, internal and external audits within compliance, including commenting on and closing out audit findings and/or recommendations.
- Any other work assigned by the Bank.
Job Requirements
- Degree holder, preferably in Law or Business.
- Minimum of 3-5 years of relevant Regulatory Compliance and Affairs 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 a strong team player.
- Strong analytical and problem-solving skills, together with good policy writing ability.
- Ability to multi-task effectively.
*Only shortlisted candidate will be notified.
