Director, Business Compliance and Governance (GWM)

Job Description

The ideal candidate will:

• Drive the governance framework, methodologies and control standards across CFS and/or Group Wealth Management (GWM) business units to support effective risk management, regulatory compliance and operational consistency.
• The role provides independent oversight, advisory and assurance over key business processes, including sales advisory, while guiding business units on control enhancements and risk mitigation.
• This supports the business by strengthening governance discipline, promoting consistent standards across CFS and/or GWM units, and ensuring regulatory requirements are met while maintaining operational efficiency.

Job Responsibilities

1. Governance Framework Development and Oversight

• Develop and enhance governance frameworks, methodologies and control standards across CFS and/or GWM.
• Drive consistent governance practices across different CFS and/or GWM business units.
• Periodically review governance processes to ensure alignment with regulatory requirements and business needs.
• Promote adoption of best practices and standardisation across the organisation.

2. Preventive Risk Management and Control Advisory

• Identify emerging risks and recommend preventive control measures.
• Provide advisory support to business units on strengthening control processes.
• Facilitate knowledge sharing and skills transfer across CFS and/or GWM teams.
• Promote awareness of risk management practices within GWM.

3. Independent Oversight and Risk Monitoring

• Provide independent assessment of exceptional approval requests.
• Review Key Risk Indicator (KRI) breaches and assess risk implications.
• Provide objective oversight on governance and risk matters.
• Ensure consistent application of internal policies and standards.

4. Controls Testing and Assurance Oversight

• Establish and maintain control testing and assurance frameworks, standards and methodologies across CFS and/or GWM teams.
• Provide oversight and challenge to ensure assurance activities are conducted effectively and in line with established requirements.
• Monitor and assess the adequacy of remediation plans and the timely closure of identified control gaps and weaknesses.
• Report on assurance outcomes, control effectiveness and emerging risk themes, escalating significant issues to management as appropriate.

5.Wealth Advisory Framework Oversight

• Oversee sales advisory frameworks to ensure alignment with regulatory and internal policies.
• Review advisory processes to ensure adherence to business and regulatory requirements.
• Identify advisory risks and provide observations to relevant stakeholders.

Qualification

• Bachelor's Degree in Banking, Business, Finance or a related discipline.
• Strong knowledge of capital markets, structured products and derivatives.
• Professional certifications related to financial services or risk management would be advantageous.

Competencies

• Strong understanding of wealth management, private banking operations and associated risks.
• Familiarity with regulatory requirements across Asia, including Singapore's Private Banking Code under the oversight of the Monetary Authority of Singapore.
• Strong analytical, logical and critical thinking capabilities.
• Ability to design governance frameworks and control methodologies.
• Meticulous documentation skills and attention to detail.
• Ability to engage and influence stakeholders across multiple business units.

*Only shortlisted candidates will be identified.