Job description:
Job Summary
We are seeking a Compliance Officer to ensure the organisation's adherence to all relevant legislative and regulatory requirements. This role involves reviewing and enhancing compliance policies and procedures, liaising with government authorities on compliance matters, and advising business units on regulatory requests. The successful candidate will also support training initiatives, monitor compliance status, and help improve processes to address gaps and strengthen controls
Key Responsibilities
- Review the Company's existing compliance policies and procedures to identify potential areas of compliance vulnerability and risk of illegal, unethical or improper conduct, and propose appropriate control measures.
- Supervise day-to-day submissions for compliance with the relevant legislative requirements.
- Act as contact point to the GRA and other government authorities (e.g., GRA, MSF, IRAS, SPF) for compliance matters, and manage/respond to their requests.
- Support business units by providing advice for requests from the GRA and other government authorities.
- Update relevant business units on new regulatory requirements (i.e. GRA directions, notices, casino regulations etc.) and review and/or develop the training materials.
- Work with business units and compliance representatives to ensure compliance with all relevant legislative requirements (including licensing, reporting and internal controls matters),
- Enhance processes and bridge compliance gaps with controls and preventive measures.
- Monitor compliance training status of respective business units.
- Establish / update the department's SOP/ Work-guides/ templates / checklists etc.
- Assist supervisor to implement delivery of compliance initiatives and
- Assist with other administrative duties, and ad-hoc tasks, assignments or projects that are assigned by supervisor.
Required Qualifications:
- Bachelor's Degree in a relevant discipline.
- Minimum 3 years of relevant experience, preferably in Audit, Internal Audit, Compliance, Finance, or Law within a regulated industry.
Skills
- Strong problem-solving skills with the ability to analyse issues and develop effective processes and controls.
- Proficient in business writing, including developing policies, programs, and training materials.
- Experience in project management with effective communication skills.
- Proficiency in English, both spoken and written, to prepare reports and communicate with stakeholders.
- Strong understanding of regulatory requirements and the internal control environment.
