Head of Investment Management Compliance

Job Description

This major international bank are increasing their presence in Singapore and have identified investment management as an increasingly important revenue stream both regionally and globally. As such, they are looking for someone to head up this function for them in Singapore.

The main responsibilities of the role include:

• Provide advice and support to the investment management business in respect of Singapore regulatory and compliance matters.

• Review new products and assist in the product documentation and registration process.

• Advise management and any relevant parties on new regulatory developments and advise appropriate implementation.

• Advise management of relevant global and local policies and procedures and assist management in their implementation.

• Prepare reports and supporting documents for the Management Committee meetings and other committees in Singapore and the Asia Compliance Committee meetings.

• Assist management and the business in the conduct of regulatory inspections and inquiries.

• Develop and maintain relationships with regulators and work with peers and other interest groups and trade bodies to both lobby the regulators and help influence industry standards.

• Assist in applying to the MAS for licenses for asset management businesses and the registration, deregistration and other notification for licensed personnel.

• Keep the Head of IM Compliance for Asia advised of significant issues and provide consultation on a timely basis.

• Maintain liaison and coordination with the asset management business, Compliance in HK and other Asia locations, Group Compliance in Singapore, Legal and Audit teams, etc.

• Review and approve marketing materials.

• Perform periodic monitoring/ surveillance to check compliance with relevant regulations and internal policies and procedures.

• Develop and execute a risk-based compliance testing plan to test regulatory compliance controls for compliance with the relevant laws and regulations.

• Substantiate and report results and findings of monitoring and testing tasks to management in a precise and concise report format.

• Plan and conduct compliance induction and business specific compliance training.

• Carry out adhoc compliance tasks and monitoring exercises as required.

Requirements:

• Degree in law, accounting or finance related subject. Legal qualification is an advantage.

• Min. 5 to 10 years experience in compliance, risk, audit or other related field. Work experience in asset management compliance or mutual funds products is an advantage.

• Strong communication and analytical skills.

• Good English writing skills.

• Strong PC computer skills (Excel, Word, Powerpoint, internet etc.)

• Good interpersonal skills and willing to work in a team.

• Knowledge of investment products and investment industry market practices.

• Fluent in English. Proficient in Mandarin is an advantage.
 

Benefits: Excellent Benefits