Senior Compliance Officer, Compliance
Position Description
The Senior Compliance Officer will report to the Head of Compliance Singapore and is a generalist role with the exciting opportunity to be given broad Compliance mandate which extends to a number of licensed entities in Singapore and multiple business lines, including, institutional cash equities sales and trading, research, futures & options, Delta One & Equity Derivatives, fixed income sales and trading, wealth management, investment banking (M&A, ECM & DCM) and asset management businesses.
In addition to the above, given the general and flexible mandate of this role, it is expected for the incumbent to demonstrate and develop well-rounded Compliance knowledge and be well-versed in a broad spectrum of Compliance skills, and not be restricted to specialized Compliance roles.
Key Areas of Responsibilities
The incumbent will be a member of the Singapore Compliance team which has the following shared responsibilities:
Compliance Monitoring and Surveillance- Maintaining and executing the ongoing Compliance Monitoring Programme, which includes, amongst others.
- trade surveillance by analyzing trade data and via the use of SMARTS Broker trade surveillance
- monitoring of staff dealing activity and compliance with staff dealing policy.
- monitoring of staff outside directorships, business interests and activities.
- monitoring of gift and entertainment of staff.
- monitoring of fly-in-fly-out activities of licensed staff.
- Conducting Compliance desk reviews/thematic reviews, as may be required, based on emerging risks or new regulatory requirements.
- managing the MAS licensing and SGX registration process for new front office staff.
- monitoring and following up with existing MAS appointed representatives and SGX trading representatives on their continuing obligations, amongst others, changes in personal particulars and business interests, Continuing Education Program and register of securities.
- liaising with relevant internal stakeholders to complete surveys/forms/questionnaires requested by MAS/SGX.
- handling simple requests and queries from regulators/auditors.
- ensuring that all Compliance correspondences/records and registers are duly tracked and maintained.
- conducting Compliance induction trainings for all new staff and other basic trainings as may be required by the Head of Compliance Singapore.
- ensuring that staff completes all mandatory Compliance trainings and declarations.
- assisting with Compliance reporting to local and group management.
- responding to simple internal queries, for example, those relating to licensing requirements or group Compliance policies/procedures such as staff dealing, outside business interests, and gift and entertainment, etc.
- assisting the Head of Compliance Singapore, to track and manage regulatory changes/new regulatory requirements.
- be part of a project team to manage new regulatory changes or new business activities, as may be required by the Head of Compliance Singapore.
- assisting the Head of Compliance Singapore, to handle all internal/external audits and MAS/SGX inspections.
- assisting the Head of Compliance Singapore to draft local Compliance policies and procedures, as may be required.
- assisting with all other ad-hoc tasks as may be required.
- The opportunity is open to candidates who have 8 - 10 years of experience in Compliance (excluding AML), Financial Services Regulatory Compliance in a big 4 audit firm, or with a securities regulator. Candidates with previous working experience with the MAS will be advantageous.
- Excellent analytical skills and quick logical thinking ability.
- Strong interpersonal skills.
- Good writing and presentation skills.
- Attention to detail.
- Ability to operate independently and to multi-task.
- Proficiency in Microsoft Office Applications for both data collection and interpretation of the results that can presented clearly and concisely.
- Understanding of Compliance role and risk-based Compliance approach, and ability to identify and remediate key Compliance risks.
- Proficient understanding and application of the Securities and Futures Act and SGX-ST rules.
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