Our new client, a leading financial service company in Singapore is looking for a regulatory compliance specialist to provide sales surveillance compliance function across all companies in the group. This involves developing and implementing the group-wide sales surveillance framework, including policies and standards in a fit-for-purpose manner commensurate with the size, nature and complexity of each core and subsidiary business entity. Candidates with knowledge and experience in the Payment Services Act and its subsidiary regulations will be useful.
Responsibilities of the Role:
- To provide timely and accurate compliance advisory as part of the central regulatory team to internal stakeholders on new regulatory developments/updates, including building a strong compliance culture and conduct in the organisation.
- To handle the company wide Regulatory Compliance registers (MAS, FAA, SFA, CPF, LIA Guidelines, Insurance Act related regulations etc.)
- To support the Regulatory Compliance Lead and Compliance Director on internal processes on liaising with the regulators
- To facilitate the implementation of process and controls to mitigate regulatory and compliance risks, across the end-to-end Sales Advisory process.
Requirements of the Role:
- At minimum of 4-8 years' regulatory experience within the financial services industry covering related areas including but not limited to regulatory compliance, in emerging regulatory compliance areas - market conduct, compliance, financial crime, internal controls, audit etc
- Strong knowledge of Insurance, Financial Adviser and Capital Market regulations in Singapore, applicable to the insurance/financial industry such as Insurance Act, Financial Advisers Act (FAA) and its subsidiary regulations, Monetary Authority of Singapore (MAS) regulations, Central Provident Fund (CPF) Board regulations, Life Insurance Association (LIA) guidelines.
- Knowledge and experience in the Payment Services Act and its subsidiary regulations will be useful.
Company Reg. No.: 201131609D | Licence No.: 11C4684 | EA Reg No: R2196467
