We are partnering with an established professional services group to hire a Compliance Manager to oversee its Singapore compliance function. This is a great step-up role for someone ready to manage a small team and take ownership of regulatory and AML/CFT frameworks.
Key Responsibilities
Policy Development & Implementation
- Develop, update, and implement internal compliance policies and procedures in line with MAS, ACRA, AML/CFT standards, data protection regulations (e.g., PDPA/GDPR), and industry best practices.
- Ensure policies remain current and relevant as regulatory landscapes evolve.
Regulatory Adherence
- Monitor, interpret, and communicate national and international regulatory developments affecting corporate services and trust structures.
- Provide compliance advisory to management and operational teams on MAS Notices, ACRA requirements, and cross-jurisdictional obligations.
Client Onboarding & Due Diligence
- Oversee end-to-end client onboarding, including KYC/CDD checks, enhanced due diligence (EDD), and periodic reviews.
- Resolve deficiencies arising from onboarding or review processes and ensure proper documentation and escalation where required.
Monitoring & Auditing
- Plan and conduct regular internal audits and compliance monitoring to assess existing controls, operational efficiency, and regulatory alignment.
- Identify gaps, propose corrective actions, and track remediation efforts.
Risk Management
- Identify, assess, and manage compliance risks across business units and regional offices.
- Collaborate with leadership to design effective risk mitigation strategies and strengthen internal controls.
Reporting & Communication
- Prepare and present compliance reports for senior management and the Board.
- Serve as the primary liaison with regulators (e.g., MAS, ACRA) and manage regulatory filings, inspections, and inquiries.
Issue Resolution
- Investigate compliance breaches, suspected misconduct, and suspicious transactions.
- Oversee the filing of Suspicious Transaction Reports (STRs) and implement corrective and preventive measures.
Regional Oversight
- Provide compliance guidance and oversight to other regional offices.
- Harmonies compliance standards across jurisdictions while supporting local business needs.
Requirement
- Bachelor's degree in Law, Business Administration, Finance, or related discipline.
- Minimum 57 years experience in compliance, legal, audit, or regulatory roles within corporate services providers, trust companies, financial institutions, or professional services firms.
- Strong familiarity with MAS and ACRA regulatory frameworks.
- Regional compliance experience is highly advantageous.
- Professional certifications such as ICA, CCEP, CAMS, or equivalent are a strong advantage.
- Strong analytical, problem-solving, and critical-thinking abilities.
- Excellent communication, stakeholder management, and negotiation skills.
- Ability to interpret complex regulations and translate them into practical business policies.
- High attention to detail with strong integrity and ethical standards.
- Commercially minded with the ability to balance regulatory requirements with business objectives.
- Ability to oversee and coordinate compliance activities across regions.
If you're exploring new opportunities or would like more details, feel free to connect and reach out for a confidential discussion.
