VP, Business Compliance Control Officer

Roles & Responsibilities

Location: Singapore

Department: Business Compliance Control office (BCCO)

Reporting Line: Senior Management & Compliance Team

Our client, a brokerage and investment banking firm, is seeking a VP, Business Compliance Control Officer to join their team in Singapore.

The Business Compliance Control Officer (BCCO) serves as a key intermediary between front-line business units (1st Line of Defence) and the Compliance function (2nd Line of Defence), effectively operating as the "1.5 Line of Defence."

The BCCO partners with business and operational teams to support compliance with regulatory expectations, while working closely with the independent Compliance team to maintain regulatory integrity.

This role ensures the firm's activities align with internal policies and external regulations, enabling responsible and sustainable business growth.

Responsibilities:

• Apply relevant laws and regulations (e.g. SFA, FAA, AML/CFT, sanctions, AB&C, FATCA, CRS, PDPA, SGX, and cross-border requirements) in coordination with business units and the Compliance team.
• Identify and close regulatory gaps related to new business initiatives or regulatory changes by partnering with the 1st Line and supporting policy and procedure updates.
• Provide compliance advisory support to business teams and help strengthen governance frameworks.
• Develop and implement quality assurance reviews to ensure ongoing regulatory alignment.
• Lead risk-based reviews in key areas like KYC/AML, due diligence, FATCA/CRS, and oversee corrective actions.
• Support periodic compliance risk assessments across the business.
• Coordinate and track compliance training programs in collaboration with subject matter experts and report progress to Compliance.
• Monitor, escalate, and support investigation of compliance issues or breaches, including root cause analysis and reporting.
• Maintain key registers (e.g. AML/CFT, sanctions, conflicts of interest, introducers, training) based on 1st Line inputs.
• Assist with due diligence and KYC documentation for brokers and counterparties.
• Guide business units on regulatory reporting (e.g. shareholding disclosures, short positions, OTC trades, FPI reporting).
• Manage licensing and registration processes, including fit and proper assessments and liaison with MAS and SGX.
• Work with Compliance and HR to monitor the ongoing fitness and propriety of licensed representatives.

Requirements:

• University degree in Law, Finance, Business, or a related discipline. Additional certifications in compliance or risk management are a plus.
• 8–12 years of relevant experience, primarily in AML/CFT within capital markets, securities, or banking sectors.
• Strong familiarity with MAS and SGX regulatory frameworks, as well as practical application of FATCA and CRS.
• Prior exposure to a business control (1.5 Line) or compliance function is highly advantageous.
• Broad understanding of capital markets operations, financial instruments, and regulatory obligations across multiple jurisdictions.
• Strong interpersonal and communication skills, with the ability to engage effectively across all levels.
• Demonstrated capability in analytical thinking and resolving complex issues.
• Skilled at aligning regulatory obligations with business objectives through practical, solution-oriented guidance.
• Highly detail-oriented, with solid organizational skills and a structured approach to reporting.

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We regret to inform only shortlisted candidates will be notified.

Merries Employment LLP

EA Licence No: 14C7362

Posting Personnel: Jasmine Chew

EA Personnel Registration No: R1769441

Tell employers what skills you have

Licensing
Defence
Brokerage
Due Diligence
Quality Assurance
Investigation
Fitness
Investment Banking
Root Cause Analysis
Risk Management
Securities
Capital Markets
Banking
KYC

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