Conducts the implementation of the branch compliance plan
Respond to regulatory authorities routine queries and coordinates completion of survey and other request for information
Develop and perform periodic compliance reviews
Investigates compliance breaches and customer complaints.
Draft the annual compliance plan for HOD and management approval.
Conducts compliance training and provides advisory on Banking Act, SFA and FAA and other compliance matters
Implement and update compliance policies and procedures based on Head Office, and local regulatory requirements.
Prepares/reviews periodic reporting to local regulatory authorities, Head office and Management.
Tracks/monitor changes and updates on local regulations, conducts briefing and discussions on implementation with relevant departments and post-implementation review.
Conducts annual regulatory risk assessment
Any other tasks or duties assigned by Head of Department or Company from time to time
Job Requirements
Recognized bachelor degree or above, preferably in Business or related discipline
At least 5 years of relevant experience in a regulatory compliance role.
Experience in SFA/FAA advisory
Performed compliance review/compliance testing such as Balanced Scorecard Review, Private Banking Sales Advisory Review, Continuing Professional Development review, Fit and Proper Review etc. or Due Diligence for New Product onboarding/Product variation of existing products
Working Knowledge of Banking Act would be an advantageous
Proficiency in English & Mandarin to liaise with English & Mandarin speaking internal/external stakeholders
Strong knowledge in local rules and regulations
Good interpersonal skills to handle stakeholders across multiple departments
