Vice President, Compliance and Risk Management

Key Responsibilities:

Compliance function

• In-charge of the overall regulatory compliance of the firm;
• Conduct monitoring activities, including financial crime prevention, to mitigate risks and ensure compliance with regulatory standards and internal policies;
• Manage and maintain the compliance checklist and calendar to ensure timely regulatory submissions and adherence to compliance/regulatory deadlines;
• Perform compliance reviews, including incident reports, complaints, and whistleblowing investigations;
• Oversee the firm’s client onboarding / KYC process to ensure regulatory compliance and risk management;
• Conduct firm-wide compliance training, including AML training, in timely and efficient manner;
• Act as the Data Protection Officer of the firm, ensuring proper information security and data protection in accordance with the Personal Data Privacy Act;
• Maintain, review, and update the firm's policies and procedures to ensure compliance with regulatory requirements and industry best practices;
• Keep stakeholders informed about new and existing regulatory requirements, including impact analysis, proposed actions, and implementation of necessary measures;
• Manage the firm’s licensing matters, including MAS representative registration, fit and proper assessments, including ensuring the firm’s adherence to its licence conditions.

Risk Management function

• Foster a strong risk culture within the firm by promoting risk awareness and best practices;
• Conduct risk assessments to identify potential areas of concern and collaborate with business units to mitigate risks to an acceptable level;
• Proactively manage key risks by implementing and maintaining effective controls;
• Continuously enhance and improve policies and procedures to align with regulatory requirements and industry standards.

Others

• Review and provide guidance on new business initiatives from a Compliance and Risk Management perspective;
• Participate in the firm’s Business Continuity Management to ensure operational resilience;
• Manage and support internal audit engagements, including responding to audit findings and implementing corrective action plans;
• Oversee IT implementation with a focus on cybersecurity and cyber hygiene to safeguard company systems and data;
• Provide oversight on operational settlement matters to ensure efficiency and compliance with regulatory requirements.

Requirements:

• Minimally a Bachelor’s degree, preferably in Law, Accountancy, Finance, or a related field;
• Minimum of 6 years of relevant experience in the financial industry including liaising with regulators;
• Strong understanding in Securities and Futures Act, its subsidiary regulations, and the Monetary Authority of Singapore’s Notices and Guidelines;
• Good advisory skills to guide the firm on risk events, develop risk mitigation strategies, and implement tools and controls for effective risk monitoring and management;
• Strong writing and communication skills;
• Self-motivated with the ability to work independently;
• Highly collaborative with excellent problem-solving and interpersonal skills;
• Able to prioritize workloads and ensure deadlines are consistently met;
• Strategic thinker with a clear understanding of objectives and their impact;
• Preferably possessing prior experience within a compliance function for an investment bank / securities house.