Regulatory Compliance Senior Officer

Job Summary

The Regulatory Compliance Officer is responsible for ensuring the bank adheres to all applicable laws, regulations, internal policies, and other workstreams. This role encompasses compliance operations, regulatory reporting, compliance monitoring, policy reviews, and supporting the bank's overall Singapore compliance framework.

Key Responsibilities

Compliance Operations

• Monitor and track compliance with regulatory requirements, ensuring adherence to applicable banking laws, standards, and best practices.
• Conduct periodic reviews of compliance-related processes to identify gaps and recommend corrective actions.
• Maintain up-to-date records of compliance activities, ensuring timely escalation of non-compliance issues.
  
  

Regulatory Reporting

• Prepare, review, and submit accurate regulatory reports in a timely manner, ensuring alignment with requirements set by local authorities.
• Liaise with internal stakeholders to ensure data accuracy and completeness for compliance reporting.
  
  

Compliance Monitoring Program

• Conduct periodic reviews to identify and mitigate compliance risks.
• Prepare detailed reports on monitoring outcomes and recommend corrective actions.
• Conduct ongoing surveillance and assessments of the bank's activities to identify potential risks or breaches.
  
  

Regulatory Liaison

• Support on regulatory liaison matters (e.g., SDIC).
  
  

Policy Reviews

• Assist in updating compliance policies and procedures to reflect current regulatory requirements and Head Office requirements.
  
  

Other Responsibilities

• Support other workstreams on operational risk, business continuity management, third-party management, and ad-hoc duties assigned by the Head of Compliance.
  
  

Requirements

• Bachelor's degree in Finance, Risk Management, Business Administration, or a related field.
• Minimum 3 years experience in Audit or Regulatory Compliance.