Compliance Specialist (6 months contract)

Location: Singapore, Singapore
Contract Type: Temporary
Specialisation: Contracting
Salary: S$90000 - S$120000 per annum
REF: BBBH221188_1525686262

Our client, an established global bank is seeking an experienced compliance candidate who is able to do an assessment and advice the business on in-country processes that needs to be done as well as compliance due diligenc review. This will be 6-months contract for a start and is extendable due to the projects going on in the bank.

Job Responsbilities:

Manage Stakeholder Expectations

  • Develop and manage a regulatory clearance and engagement strategy for projects and initiatives which relate to data, technology, operations, and outsourcing risk, and participate in the roll-out with business lines, functions, and other compliance teams
  • Provide concise and relevant status updates to stakeholders, project working groups, project steering committees and proactively escalate issues as necessary

Advisory

  • Engage, communicate, and collaborate with Country Compliance teams, Business/Functions Compliance teams, SMEs (Data, Technology, Operations and Outsourcing Compliance) and other risk and control teams to expedite and attain country sign-offs (e.g. country outsourcing committee approvals, regulatory approvals and notifications) for stakeholder initiatives
  • Provide business project advisory, steering project design and direction to ensure that regulatory requirements are addressed and incorporated in design, includes review of business requirements documentation, functional specifications, service level agreements, architectural designs etc.
  • Undertake quality assurance reviews of documentation required for regulatory engagement, at times providing input to facilitate preparation of materials required for regulatory approvals
  • Review new technology initiatives to ensure that appropriate controls are designed and established prior to implementation, perform technology compliance review prior to on-boarding (both internal and external engagement), highlight any significant issues to relevant teams for consideration

Candidate Requirements:

  • Stakeholder management
  • Project Prioritisation and escalation, strong Project Management and/or process skills
  • Excellent and proven oral and written communication skills - ability to present technical information clearly and concisely
  • Knowledge of the banking regulatory environment, and how that interfaces with the provision of technology and operational services, and the use of outsourcing, banking secrecy, cross-border transfers of data and information security in particular
  • Excellent stakeholder management skills
  • Ability to summarise complex concepts in a concise manner
  • Excellent and proven oral and written communication skills - ability to present technical information clearly and concisely
  • Prior operational knowledge or experience in at least 1 of the following: corporate, investment, retail, private banking preferred
  • Core knowledge in risk identification, risk assessment, controls development, training, monitoring and reporting
  • Ability to analyse relevant laws and regulations, identify key underlying themes and aggregate information
  • Strong Project management and/or process skills
  • Understanding of the Group's organisational structure and internal procedures desirable
  • Ability to engage and partner with country compliance teams at a global level to deliver a consolidated view on country requirements
  • Ability to influence and persuade
  • Attention to detail

Interested applicants are encouraged to submit their CVs in MS Word format to me at cindy.tan@ambition.com.sg.

Business Registration Number: 200611680D | Licence Number: 10C5117 | EA Personnel Registration Number: R1109257
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