This newly created role is a great opportunity to move into Compliance assurance from internal audit within the Digital Banking space.
- Establish and implement a robust compliance and AML assurance program to ensure compliance with all relevant laws, regulations and internal policies and to effectively manage regulatory & licensing, AML / Sanctions and privacy risks
- Contribute to the development and enhancement of the compliance risk assessment methodology
- Conduct forward-looking regulatory risk assessment periodically based on the methodology
- Conduct compliance reviews, monitor progress of issues and drive remediation initiatives to address non-compliant areas
- Utilize innovative compliance testing solutions including Data Analytics to increase value and reduce costs of compliance-related activities
- Provide periodic assurance and review progress summary to senior management and stakeholders
- Work closely with other internal functions and teams to ensure overall compliance with applicable regulatory and licensing requirements as well as to improve overall control environment and promote sustainable growth
- Identify industry best practices and share insight with other Compliance Assurance teams on a regular basis
Job Requirements
- Bachelor degree in accounting, business or finance or equivalent work experience
- At least 10 years of relevant experience in regulatory audit / wholesale banking audit / IT audit, compliance and / or compliance assurance strongly preferred
- Strong regulatory / compliance knowledge and skills. Strong ability to understand governance, processes and controls
- Knowledge of banking, payment systems/services, fintech related regulatory requirements in Singapore
- Effective negotiation skills, a proactive and no surprises approach in communicating issues, and strength in sustaining independent views
- Ability to work collaboratively and independently; ability to navigate a complex organization
- Team player and ability to work independently and under pressure to meet deadlines, and in a fast-paced and fast-changing environment
- Experience in design and develop automation solutions and analytic tools for compliance testing / audit purpose is strongly preferred
- Excellent command of both spoken and written English and Mandarin Chinese.
