Private Banking
3 weeks ago
Job Purpose
- To engage and advise the stakeholders on matters relating to investment suitability & transaction surveillance review
Primary Responsibilities
- Act as a liaison party between marketing and internal stakeholders particularly Risk, Credit & Legal & Compliance Department.
- Assist in the handling of internal, external & regulatory audits
- Perform post transaction and account review
- Assist in the monitoring of irregular transactions
- Perform GAP analysis between G&P and new regulations
- Provide training of internal new or revised G&P and external new regulations to CSOs, ICs, and RMs
- Ensure that the Investment Suitability and Trade Surveillance Review Framework is kept up to date with the regulatory requirements
- Ability to effectively and independently identify key sales advisory issues that may pose regulatory issues or reputational risk to the Bank
- Ensure timely completion of thematic transaction surveillance issue review by the team members
- Perform any other ad-hoc duties assigned by supervisor
Qualifications and Skillsets
- Min 6 years of relevant knowledge and experience with Market and Sales & Suitability Abuses
- Competency in areas of investment Suitability and Transaction Surveillance review
- Interpersonal skills to work as team player
- Able to work independently with minimal supervision
- Able to work with different stakeholders to investigate alerts/exceptions and recommend improvements
- Working knowledge of Singapore regulations, in particular Banking Act, Securities and Futures Act, Financial Advisers Act and Trust Companies Act preferred
- Excellent communications skills
- Organised and meticulous
Sales
Interpersonal Skills
Securities
Marketing
Surveillance
Compliance
Audits
Banking
Team Player
Regulatory Requirements
GAP
Able To Work Independently
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