Responsibilities
- Manage the full spectrum of legal and regulatory risks, including anti-money laundering, for BNI SNG KLN through external legal engagement
- Advise Branch Management on regulatory risks to enable informed strategic decisions within legal, compliance, AML/CFT, and sanctions risk appetite
- Deliver practical compliance advice to all Departments and Business Lines to support regulatory adherence
- Share industry and market best practices with relevant stakeholders to align Branch operations with current standards
- Establish, implement, and monitor compliance policies and procedures across Departments to ensure adherence
- Validate policies and procedures of other Departments upon Head Office requests to maintain regulatory consistency
- Monitor daily compliance activities including MAS reporting, licensing, AML/KYC/CDD/Sanctions, and general compliance duties
- Engage proactively with internal and external auditors, ABS, and MAS Review Officers to manage Branch expectations and audit outcomes
- Review products, policies, and procedures across business lines, including Wealth Management, providing regulatory and AML compliance feedback
- Provide local Singapore regulatory advice to Head Office Projects and New Business Development initiatives
- Lead and coordinate Monthly Compliance Committee Meetings to drive compliance governance
- Escalate compliance issues to Branch Management, Head of Global Compliance Advisory, and Head Office Compliance Division for oversight
- Report breaches or non-compliance incidents to MAS following Branch Management approval
- Participate in Monthly Global Compliance Advisory Roundtable Meetings to share Singapore KLN compliance status
- Identify and prioritize resolution of legacy compliance weaknesses or inefficiencies to strengthen controls
- Supervise and mentor LCD staff to ensure effective daily compliance operations
- Maintain an efficient LCD headcount aligned with workload analysis to optimize team performance
Qualifications & Experience
- Bachelor's Degree in Law, Finance, Business, or related field
- At least 10-12 years of relevant experience in compliance, legal, or regulatory roles within banking or financial institutions
- At least 5-8 years of experience managing and developing a compliance team
- Strong knowledge and experience with MAS regulatory framework, AML/CFT, sanctions, KYC/CDD requirements, and regulatory audits and inspections
- Ability to translate regulations into practical controls and policies
- Strong risk assessment and regulatory advisory skills
- Professional compliance certifications such as CAMS or ICA
- Legal qualification
