Regulatory Compliance Director
7 days ago
Key Responsibilities
- Oversee the bank's compliance with Singapore regulations, ensuring effective risk management across all functions.
- Develop and implement strategies to mitigate risks related to Outsourcing Arrangements, Incident Management and Reporting, Related Party Transactions, and Corporate Governance.
- Collaborate with business and corporate functions to communicate new regulations and regulatory expectations, driving implementation and ensuring compliance.
- Lead the annual Key Obligation Register exercise to ensure compliance with key regulatory requirements.
- Conduct regular monitoring and testing to identify compliance gaps in business processes and workflows, providing recommendations for remediation.
- Oversee remediation plans for completed compliance tests to ensure effective resolution of identified issues.
- Support additional Regulatory Compliance Projects as required, ensuring the bank meets all regulatory obligations.
Requirements
To be successful in this role, you will need:
- A Bachelor's Degree or equivalent
- At least 5 years of experience in regulatory compliance, with a focus on monitoring and testing of retail and/or corporate products
- Strong project management and problem-solving skills, with attention to detail
- Excellent written and verbal communication skills
- Excellent interpretation of laws and regulations
- A proactive and can-do attitude
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