Risk Management Executive

4 days ago


Singapore Straits Financial Group Full time
Key Responsibilities:
As a Senior Compliance Executive at Straits Financial Group, you will be responsible for establishing and maintaining policies, systems, and processes to counter risks associated with money laundering, terrorist financing, and other financial crimes. This includes:
1. Coordinating regular transaction monitoring and analysis from a financial crime perspective, identifying potential threats and recommending corrective actions.
2. Managing regulatory compliance across all local entities within the Straits Financial Group, staying up-to-date on changing regulatory landscapes and implementing necessary adjustments.
3. Proactively anticipating and researching new regulatory requirements, proposing implications on the business and implementing necessary actions.
4. Endorsing annual compliance calendars and programs, ensuring ongoing obligations are met.
5. Performing compliance reviews, taking action in response to non-compliance situations and creating realistic plans to rectify them.
6. Coordinating 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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