Compliance Risk Manager
1 day ago
Straits Financial Group is seeking a highly skilled Senior Compliance Executive to join our team. As a key member of our compliance department, you will play a critical role in ensuring the firm's adherence to regulatory requirements and maintaining a robust risk management framework.
Responsibilities:
• Establish and maintain policies, systems, and processes to mitigate risks associated with money laundering, terrorist financing, and other financial crimes.
• Coordinate regular transaction monitoring and analysis from a financial crime perspective, identifying potential threats and recommending corrective actions.
• Manage regulatory compliance across all local entities within the Straits Financial Group, staying up-to-date on changing regulatory landscapes and implementing necessary adjustments.
• Proactively anticipate and research new regulatory requirements, proposing implications on the business and implementing necessary actions.
• Endorse annual compliance calendars and programs, ensuring ongoing obligations are met.
• Perform compliance reviews, taking action in response to non-compliance situations and creating realistic plans to rectify them.
• Coordinate with counterparties on regulatory requests, ensuring prompt follow-up and adherence to internal policies and procedures.
Requirements:
• At least a Degree in Business, Accountancy, Finance, or equivalent.
• A minimum of 6 years of relevant working experience in the brokerage (securities/derivatives) industry, preferably with experience in Payment Services Act (PSA) or Asset Management space.
• Familiarity with AML/KYC tools, financial crime prevention standards, and regulatory obligations of SFA, FAA, exchange regulations, and the newly introduced PSA.
• Strong communication, problem-solving, and writing skills, with the ability to work collaboratively and independently in a fast-paced environment.
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