Key Responsibilities
1. Leadership & Strategy
- Support the Head of Compliance in designing, implementing, and maintaining an effective compliance strategy aligned with regulatory expectations and business objectives.
- Deputize for the Head of Compliance when required, including attending senior management and regulatory meetings.
- Provide leadership and mentoring to the Compliance team, promoting continuous professional development and high standards of integrity.
2. Compliance Oversight & Monitoring
- Oversee the ongoing monitoring and testing of compliance policies and procedures.
- Identify, assess, and mitigate compliance risks across business lines and support the enhancement of the compliance risk assessment framework.
- Ensure compliance policies and controls remain current and reflective of evolving regulatory requirements.
3. Regulatory Affairs
- Manage interactions with regulators, including responding to information requests, inspections, and thematic reviews.
- Oversee the timely and accurate submission of all regulatory reports.
- Stay abreast of regulatory changes and ensure effective communication and implementation within the business.
4. Advisory & Training
- Provide proactive, pragmatic compliance advice to senior management and operational teams.
- Develop and deliver compliance training programs to promote awareness of regulatory obligations and ethical standards.
- Support the development of a compliance culture that encourages open communication and ethical decision-making.
5. Governance & Reporting
- Prepare and present compliance reports to the Board, Risk Committee, and other governance forums.
- Support the design and implementation of management information for effective compliance oversight.
- Ensure accurate documentation and record-keeping for compliance activities and decisions.
Qualifications & Experience
- Bachelor's degree in Law, Finance, Business, or related field professional certification (e.g., ICA, ACAMS, CFA, or equivalent) preferred.
- Minimum 7-10 years of compliance experience in financial services, banking, fintech, insurance, etc.
- Strong understanding of relevant regulatory frameworks (e.g., MAS Notices, Payment Services Act, FATF, CDSA, TSOFA, or local equivalent).
- Proven experience in compliance leadership or deputy-level role, with demonstrated ability to influence and engage senior stakeholders.
- Excellent analytical, problem-solving, and communication skills.
Key Competencies
- Strategic thinking with strong regulatory awareness.
- High integrity and sound judgment.
- Strong organizational and project management skills.
- Collaborative leadership and mentoring ability.
- Attention to detail and commitment to continuous improvement.
