Compliance Risk Officer for Wealth Advisory
3 days ago
Citi, a global bank with a rich history of innovation and growth, is seeking an experienced Compliance Risk Officer to join its Wealth Advisory team in Singapore. As a Compliance Risk Officer, you will play a critical role in ensuring the integrity and security of Citi's wealth management services.
Job DescriptionThe Compliance Risk Officer will be responsible for assessing compliance risks and controls implemented by the first and second line of defense. Key responsibilities include:
- Developing, implementing, and executing compliance testing programs within an assigned region in accordance with the Compliance Testing (CT) Plan.
- Participating in the planning, executing, and reporting of compliance testing reviews and regulatory issue validation activities for a component of a product line, function, or legal entity within an assigned region in accordance with CT Plan.
- Analyzing and documenting report findings and having preliminary discussions with corresponding control/process owners.
- Assisting with development of Compliance Testing Risk Assessments, Monitoring Monthly, and Quarterly Summaries and the development and enhancement of the Compliance Testing Methodologies and Standards for auditing, testing, monitoring, and reporting.
The ideal candidate will have 6-10 years of experience in the Financial Services Industry, particularly in wealth advisory and retail investments. Strong knowledge of Compliance laws, rules, regulations, risks, and typologies, as well as private banking related requirements, is essential. Proficiency in MS Office applications, such as Excel, Word, and PowerPoint, is also required.
Citi offers a competitive salary package, estimated at SGD $120,000 - SGD $180,000 per annum, depending on experience. Additionally, Citi provides a range of benefits, including health insurance, retirement savings plan, and paid time off.
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