Key Areas of Responsibilities
- Analyse the regulations for impacts to business lines across key financial centres.
- Update policies and procedures to ensure ongoing compliance.
- Review relevant clauses in legal agreements with external counterparties.
- Provide training for the impacted business and operations teams.
- Support the team during the Audits and regulatory liaisons.
- Performing sample reviews of FATCA CRS Operations team's tasks.
- Acting as back up for FATCA CRS Operations team.
- Classification of new internal entities per FATCA and CRS regulations / preparation of applicable forms / set-up on relevant platforms / Changes in Circumstances Monitoring.
- Reporting analysis and preparing of report for submission by countries.
- Reconciliation and remediation as and when required.
- Perform Client/Vendor/Counterparty Due Diligence (Mandarin) which involves: : Verification checks with external data sources and applying reasonableness tests on information collected. : Translation of Mandarin to English, where required.
- May be required to be involved in User Acceptance Testing, when required.
- Work closely with and take direct instructions from Singapore Office - Group Head of FATCA CRS on adhoc support during projects.
- Basic regulatory referencing and assistance on mini project may be required.
Requirements
- Bachelor's Degree or above in Finance, Accounting, Law or a related discipline.
- Minimum 1 year of relevant experience in a legal or compliance role, preferably with a focus on FATCA.
- Alternatively, candidates with strong knowledge of corporate and investment business structure setups from a legal admin, accounting, or regulatory perspective are also well-suited to adapt to this role.
- Excellent command of both spoken and written Mandarin and English.
- Attention to detail, delivering in time, accurately and escalating promptly is essential.
- Strong investigative skills.
- Proficient in Microsoft Office suite (Word, Excel, Outlook) and PDF Editors.
- Experience in UAT.
- Good prioritization, organizational and multi-tasking skills.
- Self-motivated, desire to be challenged and eager to learn.
