VP - Group Compliance, Investment Management

  • Competitive
  • Singapore
  • Permanent, Full time
  • United Overseas Bank
  • 26 Sep 16

VP - Group Compliance, Investment Management

Job Description

  • Assist the Division Head in continuously strengthening and developing the compliance culture within the Bank's asset management subsidiaries.
  • Formulate and implement appropriate compliance policies and procedures to ensure that the Bank's asset management subsidiaries carry out their business activities in conformance with compliance laws, rule and standards.
  • Provide regulatory compliance advice and services to the Bank's asset management subsidiaries.

Key Responsibilities
  • To identify, evaluate and assess regulatory compliance risks, compliance laws, rules and standards, and formulate compliance plans on the foregoing.
  • To provide sound, coherent & consistent advice, interpretation and recommendation on compliance laws, rules and standards, internal policies and procedures, products and business initiatives.
  • To develop, review and implement policies, procedures, guidelines and manuals within the Group.
  • To oversee, manage and develop compliance review programmes which test compliance with applicable compliance laws, rules and standards.
  • To oversee and ensure coherent and consistent implementation of compliance policy requirements within the Group.
  • To anticipate and assess impact of regulatory reforms as well as participate in industry body discussions.
  • To act as an independent reviewer of compliance issues and concerns escalated.
  • To assess training needs, develop and review compliance training materials and conduct training for staff.
  • To engage with internal as well as external stakeholders such as industry bodies on regulatory compliance matters, auditors and regulators.
  • To assist in compliance projects/initiatives as assigned.

Requirements
  • Good degree in Accounting, Banking & Finance, Law or equivalent, with at least 5 years in compliance or audit experience in the financial services industry.
  • Good knowledge of the asset management business operations and products and services.
  • Good knowledge and understanding of compliance laws, rules and standards applicable to asset management business
  • Strong analytical, writing and communication skills and meticulous, with the ability to work independently.
  • Good stakeholder management skills and a team player with demonstrated ability to manage multiple demands and priorities.
  • Good critical-thinking and problem-solving skills and is results/task oriented to ensure timely and quality delivery of required outcomes.
  • High personal standard of integrity, ethics and commitment to fulfilling the objectives of the position.