Regulatory Compliance Specialist

7 days ago


Singapore GRANDTAG FINANCIAL CONSULTANCY (SINGAPORE) PTE. LTD. Full time
Compliance Officer Job Description

We are seeking an experienced and detail-oriented Regulatory Compliance Specialist to support the Chief Compliance Officer in ensuring that Grandtag Financial Consultancy (Singapore) Pte. Ltd complies with regulatory requirements as well as internal policies.

Key Responsibilities:
  1. Implement and enhance the compliance framework within the company to ensure adherence to regulations and internal policies.
  2. Develop and update compliance policies and procedures, including Anti-Money Laundering (AML), Data Protection, Risk Management, etc.
  3. Conduct thorough screening and due diligence reviews on prospects and referral partners before onboarding.
  4. Maintain ongoing monitoring of existing clients to ensure continued compliance.
  5. Conduct post-transaction reviews to verify adherence to regulations and internal policies.
  6. Track and maintain records of Continuing Professional Development (CPD) training hours for licensed representatives.
  7. Prepare and submit compliance reports to management and regulatory bodies.
  8. Evaluate Outsourced Service Providers and manage the Outsourcing Register of Outsourced Service Providers.
  9. Address compliance-related queries from staff members.
Requirements:
  • Bachelor's degree in a business-related field.
  • A minimum of 3 years of compliance experience in the financial services or insurance industry.
  • Self-motivated and driven, with the ability to work independently.
  • Meticulous, with good analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Familiarity with the Financial Advisers Act (FAA) or Insurance Act or MAS Notices/Guidelines is preferred.
  • Familiarity with the Balanced Scorecard (BSC) framework is an added advantage.

Estimated salary range: $60,000 - $80,000 per annum, depending on qualifications and experience. Benefits include comprehensive health insurance, retirement plan, and opportunities for professional growth and development.



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