Regulatory Compliance | Private Banking | AD/Director

  • Negotiable
  • Singapore
  • Permanent, Full time
  • Argyll Scott Singapore Pte Ltd , EA Licence No: 11C3721
  • 15 Feb 18 2018-02-15

Reputable Private Bank serving Ultra High Networth Clients; Excellent Compliance Culture and Work Camaraderie within the team Supporting the Head of Regulatory Compliance in Policy Updates and Regulatory queries in Licensing & Registration, Cross Border, Gift & Entertainment, Personal Account Dealings, Conflict of Interest, MAS Consultation papers etc.

Major Responsibilities:

  • To anticipate potential risk change on regulatory compliance matters and impacts on the private banking operations and business
  • Implement the strategy and vision for the private banking compliance teams consistent with regional and global policies
  • Build sustainable relationships with business stakeholders; provide timely and quality regulatory advice to enable business objectives to be met
  • Provide analysis and constructive feedbacks on the product lifecycle inclusive of product design, sales reviews, marketing material etc.
  • Compliance review on existing frameworks and ensure continuous updates on compliance policies in accordance to MAS regulations
  • Identify measures to mitigate regulatory risk and breaches; challenge activities which are outside of risk tolerance
  • To create compliance awareness to the business and sales folks in regards to business operational needs through trainings and live discussions
  • Build strong relationships with regulatory bodies

Required skills:

  • Recognised Degree with strong experience in private banking; good understanding of MAS regulations, licensing & registration, product compliance, cross border and sales suitability reviews
  • Able to manage and hold meaningfull discussion with senior stakeholders on complex issues
  • Proficient in assessing situations and identify potential regulatory risks
  • Experience dealing with regulators is an added advantage

Next Step

Interested candidates please send in your updated resume to jchee@argyllscott.sg

All shortlisted candidates will be notified

*For confidential discussion on active opportunities in the Market within compliance function or find out more about this role - please reach out directly to Janice at 6597 5174

Argyll Scott Asia is acting as an Employment Agency in relation to this vacancy.