Share this:
  • E-Mail
  • Facebook
  • Twitter
  • Linkedin
Apply Now

Job Title: Compliance Control And Risk Management

Company: Large Investment Bank

Corporate Title: Flexible Salary Range: Generous Package
Location: Singapore Date Open: Nov 2018

Responsibilities / Duties:

  • Ensures the definition and deployment of a robust and efficient Compliance control framework across the region;
  • Performs periodic control testing on the Compliance APAC function and APAC business lines, via execution of Group Control Plans and on-site review missions;
  • Coordinates the execution of Compliance risk assessment initiatives and the production of key Compliance reporting;
  • Is responsible for the definition and execution of the procedure governance and incident management framework applicable to APAC Compliance;
  • Track the status of Compliance-related recommendations to ensure that corrective actions are implemented within agreed time frame;
  • The Compliance Control and Risk Management Officer APAC is in charge of performing periodical control testing on both the Compliance APAC function and APAC Business lines, to assess the effectiveness of the regional Compliance control framework.
  • Perform Compliance control testing, based on Group Compliance Control Plans. Ensure adequate adaptation and rollout across a given perimeter.
  • Communicate review results, present identified issues to Country Compliance, work with Country Compliance to develop and implement a plan of corrective actions
  • Escalate potential issues and exceptions items noted during the controls
  • Track status of corrective action plans agreed with Country Compliance
  • Maintain detailed and organised documentation of work products
  • Coordinate with other professionals in the organisation, including other Compliance teams and Internal Audit, as necessary
  • Remain current on Group policies and industry rules, regulations and best practices to help ensure that the testing program meets Group and regulatory standards
  • Ensure high quality testing results, action plans and reports (dashboards) are published
  • Communicate on control and risk management matters (including identified issues) with relevant Compliance / Business / Country stakeholders on a given perimeter
  • Provide status report to Management on a regular basis
  • Compliance procedure, incident and audit management framework
  • Ensure that an appropriate Compliance procedure framework is maintained
  • Ensure tracking and reporting of Compliance related incidents and open audit recommendations
  • Contribute to the response to regulatory and internal audit assignments as required
  • Contribute to risk assessment initiatives as required

Requirements / Qualifications:

  • Good level of understanding of Compliance, risk and control matters
  • Ability to prioritize and work independently
  • Ability to evaluate complex situations and to issue appropriate and pragmatic recommendations
  • Team player with interpersonal and teamwork skills
  • Self-confidence, ability to stand their ground when required
  • Audit experience or qualifications in finance or accounting
  • Dependent upon level, the preferred applicant shall have relevant experience in a role with exposure to banking business with an international institution
  • Exposure to compliance or fiscal regulation / tax & global regulatory matters such as FATCA, AEOI, QI, Volcker ; or with Financial Security, Market Integrity, Professional Ethics, Protection of Client Interest, Conduct matters.