Regulatory Compliance Senior Specialist

Job Overview

The Regulatory Compliance Senior Specialist will support the Head of Compliance in ensuring the Bank complies with Monetary Authority of Singapore (MAS) regulations and internal compliance policies.

The role focuses on Regulatory Compliance Advisory, MAS Regulatory Updates, Compliance Monitoring & Testing, FATCA/CRS Reporting, and Compliance Governance.

The successful candidate will work closely with Corporate Banking, Treasury, Private Banking and Head Office Compliance to ensure regulatory requirements are properly implemented and maintained.

Key Responsibilities

Regulatory Compliance & Advisory

• Review MAS regulations, consultation papers, notices and guidelines.
• Provide regulatory compliance advice to business units and stakeholders.
• Communicate regulatory changes and assist in updating internal policies and procedures.
• Compliance Monitoring & Testing
• Conduct compliance monitoring and testing reviews.
• Identify regulatory compliance gaps and support corrective actions.
• Ensure adherence to MAS requirements and internal compliance policies.

FATCA/CRS & Regulatory Reporting

• Assist with FATCA and CRS reporting requirements.
• Prepare monthly compliance reports and governance meeting materials.
• Coordinate regulatory compliance matters with Head Office.
• Internal Compliance & Governance
• Review staff requests relating to Gifts & Entertainment and Personal Account Dealing.
• Conduct compliance training and regulatory awareness activities.
• Assist with regulatory examinations, internal/external audits and ad-hoc compliance projects.

Job Requirements

• Degree in Banking, Finance, Business, Accounting, Law or related discipline.
• Minimum 5 years of Regulatory Compliance experience.
• Working knowledge of MAS regulations, notices and guidelines.
• Familiarity with regulatory requirements covering Corporate Banking, Treasury and Private Banking.
• Experience or knowledge in compliance monitoring, regulatory advisory and regulatory reporting.
• Familiarity with FATCA/CRS reporting.
• Proficiency in spoken and written Mandarin to communicate with Head Office Compliance.
• ICA certification will be an added advantage.
• Candidates from Banking, Insurance, FinTech and Audit backgrounds may be considered.

What Exactly Is the Role Doing

This is primarily a Regulatory Compliance Senior Specialist role, rather than a dedicated AML/KYC or Transaction Monitoring position.

Interested candidates are encouraged to submit their resumes along with a cover letter outlining their relevant experience and achievements to [Confidential Information] or click apply now!

**We regret to inform that only shortlisted candidates would be notified**

Talentvis Singapore Pte Ltd | EA License No: 04C3537

EA Personnel Name: Reggie Tiongson | EA Personnel No: R1324767