Description
Local Compliance in terms of MAS Regulatory Compliance for CMS licensed entities in the Group:
- Monitor and ensure compliance with MAS regulations including Notices, Guidelines, and circulars relevant to the business.
- Keep abreast of regulatory developments and assess their impact on company operations.
- Assist in the preparation and submission of MAS regulatory reports and notifications (e.g., periodic compliance reports, surveys and questionnaires, licensed representatives, directorships changes).
- Review of Corporate Governance Report, Board Evaluation Performance Questionnaire and Confirmation of Independence Form.
- Develop, implement, and maintain internal policies and procedures to ensure adherence to MAS regulations.
- Perform compliance reviews and risk assessments to identify gaps and recommend remedial actions.
- Liaise with MAS and auditors on regulatory matters.
- Coordinate with external auditors or consultants during compliance assessments or regulatory audits.
Group Compliance
- Assist the Group Compliance team in coordinating the compliance function across all business units and subsidiaries within the group, including setting up group-wide compliance strategies, ensuring alignment with regulatory requirements across jurisdictions, and fostering a strong compliance culture at all levels.
- Establish and periodically update compliance policies, procedures, and controls to reflect current regulations and risk appetite.
- Implement the design and execution of control testing, compliance monitoring, and surveillance programs.
- Assist with due diligence and compliance integration activities.
Requirements
- Bachelor's degree in law, Compliance / Finance or Business-related degree.
- Has more than 8 years of experience in one or more of the following fields: compliance, legal, regulatory and/or corporate secretarial.
- Excellent written and spoken English (and another Asian language, Mandarin preferred), with strong ability to write reports of a high quality.
- Meticulous, independent, self-motivated person who can manage workload and meet deadlines.
- Committed team member to assist in various governance and compliance related projects and assignments.
