VP, Business Line Compliance (Corporate Banking)

  • Sector: LMA Asia Banking Operations
  • Contact: Bryant Tan
  • Contact Email: winnie.tan@lmarecruitment.asia
  • Client: LMA
  • Location: Singapore
  • Salary: Negotiable
  • Expiry Date: 02 July 2022
  • Job Ref: BBBH396578_1654158539

Job Description:

This role is within Corporate Bank Business Line Compliance advisory team and covers a wide array of Compliance responsibilities including advice, advocacy, product/service review and approval, marketing and financial promotions review, training, surveillance and monitoring of controls as part of our comprehensive programme for ensuring compliance with relevant laws and regulations as well as the global, regional and local standards, policies and procedures, with the ultimate aim of protecting the interests of our clients and the integrity and reputation.

Key responsibilities:

  • Assist in tracking and resolving Compliance-related issues to ensure full compliance with Bank policies and procedures, and relevant legal/regulatory frameworks.
  • Coordinate and provide Compliance support in relation to initiatives and projects, including regional and global CB initiatives and projects.
  • Perform and provide regional coordination & support for the annual MaComp risk assessment reviews.
  • Review and update Compliance policies and procedures as directed.
  • Dissemination of alerts, circulars and other regulatory notifications including an impact awareness.
  • Co-ordination, preparation and filing of Compliance-related management information, reports and reviews etc. as required by the business, Compliance management and the regulators.
  • Review, coordinate and provide Compliance assistance on Corporate Banking related complaints across the region.
  • Support the review and approval of new business initiatives or transactions put through the NPA/New Transaction Approval system, including regional coordination for oversight purposes.
  • Coordinate and conduct Compliance training (e.g. Compliance Induction Training for New Joiners, quarterly Corporate Banking Training for the Business).
  • Support the review and closure of alerts raised by the Surveillance team.
  • Attend and/or coordinate global and regional calls as directed.
  • Attend meetings with CB Business, provide advice and/or support functions as directed.
  • Support participation in industry Compliance groups and industry consultations to develop market awareness and to build a network of Compliance professionals.
  • Undertake and support ad hoc assignments/projects/initiatives as directed, including Compliance-related though non-CB specific initiatives, such as wider CIB and/or SEA cross divisional support or assignments.

Requirements:

  • Prior work experience in the banking and finance industry or similar with direct experience in a risk, governance, compliance, or control function
  • Knowledge of the financial/banking rules and regulations in Singapore, Hong Kong, China, India and Japan
  • Experience in and/or knowledge of digital innovations/fintech and relevant regulations in Singapore. Good to have experience in and/or knowledge of environmental, social and governance regulatory developments in Singapore and APAC.

Company Reg No.: 201131609D | Licence No.: 11C4684 | EA Reg no: R1660533