We are seeking a detail-oriented and proactive Investment Control Executive/Senior Executive to support the Investment Services (IVS) function in strengthening governance, risk oversight, and regulatory compliance across investment activities. This role will play a key part in ensuring robust operational risk management, portfolio compliance monitoring, and outsourcing oversight, while supporting ongoing transformation initiatives to enhance controls, automation, and data-driven decision making.
Description for Internal Candidates
Key Responsibilities
1. Operational Risk & Control Framework
- Support the implementation and maintenance of investment operational risk frameworks
- Assist in identifying, assessing, and monitoring key operational risks across IVS functions
- Track incidents, issues, and remediation actions, ensuring timely closure and proper documentation
- Maintain control logs and ensure adherence to internal policies and procedures
2. RCSA (Risk & Control Self-Assessment)
- Support the execution of periodic RCSA exercises across IVS teams
- Work with stakeholders to document key risks, controls, and control effectiveness
- Assist in identifying control gaps and tracking remediation plans
- Prepare dashboards and summaries for management reporting
3. Compliance Risk Assessment
- Lead and maintain the Compliance Risk Assessment (CRA), ensuring it is risk‑based, current, and aligned with regulatory expectations.
- Identify, assess, and document inherent and residual compliance risks, including evaluating the effectiveness of existing controls.
- Maintain the compliance risk register, risk ratings, and supporting documentation, ensuring clear rationale and audit readiness.
- Partner with Compliance, Risk and Legal to validate risk assessments and assess regulatory impact of business changes.
- Translate CRA outcomes into monitoring plans, management reporting, and remediation actions, and support audits and regulatory reviews.
4. Internal Audit Support
- Act as the primary point of contact for Internal Audit, coordinating all audit‑related engagements impacting the business unit.
- Manage and coordinate audit requests, including timelines, information gathering, and responses across relevant stakeholders.
- Review and quality‑check documentation and responses prior to submission to Internal Audit, ensuring accuracy, completeness, and consistency.
- Facilitate audit meetings, walkthroughs, and discussions, and proactively address queries raised by Internal Audit.
- Track and coordinate audit findings, action plans, and remediation efforts, including follow‑up and reporting on progress to management.
5. MAS Outsourcing & Vendor Oversight
- Support outsourcing due diligence and ongoing monitoring in line with MAS guidelines
- Assist in reviewing service providers (e.g., custodians, fund administrators) on performance, controls, and compliance
- Maintain outsourcing registers, documentation, and review schedules
- Track and follow up on audit findings and service review action items
6. Operational Due Diligence (ODD) Support
- Assist in conducting ODD on external fund managers and service providers
- Review due diligence questionnaires, financials, and control reports (e.g., SOC1/SOC2)
- Support periodic reviews and updates of ODD assessments
- Maintain proper documentation and audit trail of all ODD activities
7. Portfolio Compliance Monitoring
- Perform daily/periodic portfolio compliance checks against investment guidelines and regulatory limits
- Investigate and escalate breaches, working with relevant stakeholders on resolution
- Maintain compliance monitoring logs and ensure timely reporting
- Support enhancement of compliance monitoring processes (including automation initiatives)
8. Governance & Reporting
- Prepare regular risk, compliance, and control reports for internal stakeholders (e.g., CIO, Risk, Audit)
- Support regulatory reporting requirements where relevant (e.g., MAS-related submissions)
- Assist in audits and regulatory reviews by providing required documentation and analysis
9. Process Improvement & Automation
- Identify opportunities to improve efficiency and strengthen controls through process enhancements and automation
- Support implementation of tools and workflows (e.g., dashboards, data validation checks)
- Work with IV Enablement & Automation Squad on digitization initiatives
Requirements
Qualifications & Experience
- Degree in Finance, Accounting, Business, or related discipline
- 1-3 years of experience in investment operations, risk, compliance, or audit (fresh graduates with strong internships may be considered)
Skills & Competencies
- Strong analytical and problem-solving skills
- High attention to detail with strong control mindset
- Basic understanding of investment products (public and/or private markets)
- Familiarity with risk management concepts (e.g., RCSA, operational risk) is a plus
- Good communication skills and ability to work with multiple stakeholders
- Proficiency in Excel familiarity with data tools/automation is advantageous
Preferred Attributes
- Curious, proactive, and willing to challenge processes constructively
- Strong ownership and accountability mindset
- Ability to work in a fast-paced and evolving environment
- Interest in data, automation, and AI-enabled operations
Reporting Line
- Reports to: Investment Control Lead
- Works closely with: IV Public/Private teams, Fund Accounting, Risk, Compliance, and external service providers
