Senior Risk Management Specialist
4 weeks ago
We are seeking an experienced and skilled Business Compliance Manager to join our team at Indosuez Wealth Management in Singapore.
About the RoleThis is a critical position that requires strong leadership skills, technical expertise, and excellent communication abilities. The successful candidate will be responsible for managing risks associated with wealth management activities, ensuring compliance with regulatory requirements, and implementing effective risk mitigation strategies.
Key Responsibilities- Support Front Office teams in performing KYC reviews, including assessing and mitigating screening hits, extracting additional compliance reports, and analyzing source of wealth and revenues.
- Provide preliminary advice to Front Office on new prospects by identifying potential risks and liaising with relevant departments for guidance.
- Support Front Office in performing AML periodic account reviews where required.
- Implement and monitor risk campaigns initiated by Head Office and the Branch.
- Prepare periodic reporting to stakeholders at the Head Office and Branch level.
- Collaborate closely with Front Office to understand and advocate for their needs.
The ideal candidate will have:
- A minimum of 6-10 years of experience in banking and compliance, preferably in private banking or wealth management.
- Strong knowledge of local regulatory frameworks, particularly AML/CFT, Private Banking Code of Conduct, and MAS Guidelines on Private Banking Controls.
- Intermediate proficiency in Microsoft Excel, Word, PowerPoint, and other PC applications.
- Excellent analytical, decision-making, and problem-solving skills.
- Strong verbal and written communication skills.
- Ability to work independently and as part of a team.
The estimated salary for this position is SGD $120,000 - $180,000 per annum, depending on experience and qualifications.
This role offers a competitive package, including a comprehensive benefits program, opportunities for professional growth and development, and a dynamic work environment.
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