Regulatory Compliance Specialist

6 days ago


Singapore CORNERSTONE GLOBAL PARTNERS PTE. LTD. Full time
Compliance Lead Role Overview

Cornerstone Global Partners PTE. LTD.

We are offering a competitive salary of SGD 120,000 - 180,000 per annum for this Compliance Lead position in Singapore.



About the Job

The Compliance Lead will play a pivotal role in leading the Capital Markets Services (CMS) license application and developing robust regulatory compliance frameworks required for our trading platform.

This is a newly created role reporting directly to our Group's C-level leadership, providing a unique opportunity to influence the regulatory foundation of the business from inception.

The ideal candidate will have extensive experience in compliance roles within B2C brokerage or fund manager entities, with strong familiarity in CMS licensing processes.



Responsibilities
  • CMS License Application: Lead the end-to-end application process for the Capital Markets Services (CMS) license in Singapore and ensure timely approvals from the Monetary Authority of Singapore (MAS).
  • Compliance Framework Development: Design, implement, and maintain robust compliance frameworks and policies in line with MAS regulations and other applicable laws.
  • Regulatory Advisory: Provide expert guidance to the leadership team on regulatory developments and ensure the company remains compliant with evolving laws and industry standards.
  • Risk Assessment: Conduct periodic risk assessments to identify and address compliance risks, implementing appropriate controls and monitoring mechanisms.
  • Training & Awareness: Develop and deliver compliance training programs to enhance staff awareness and adherence to regulatory requirements.
  • SE Asia Expansion: Oversee the application and compliance processes for regulatory approvals in Malaysia and beyond as the business expands.
  • Stakeholder Management: Act as the primary liaison with regulatory bodies, external auditors, and other stakeholders on all compliance-related matters.
  • Incident Reporting: Establish protocols for incident reporting and manage any breaches of compliance or regulatory requirements.


Requirements

To be successful in this role, you will need:

  • Education: Bachelor's degree in Law, Business, Finance, or a related field. Relevant professional certifications (e.g., ICA, CAMS) are a plus.
  • Experience: Minimum of 7 years' experience in compliance roles within B2C brokerage or fund manager entities, with strong familiarity in CMS licensing processes.
  • Regulatory Expertise: Deep understanding of MAS regulations and compliance requirements for retail trading platforms and brokerage businesses. Experience with SE Asian regulatory bodies is highly advantageous.
  • Framework Development: Proven track record in designing and implementing compliance frameworks from the ground up.
  • Leadership: Ability to work independently in a start-up environment while effectively engaging with senior leadership and cross-functional teams.
  • Analytical Skills: Strong analytical, problem-solving, and risk management skills.
  • Communication: Excellent stakeholder management skills with the ability to influence and build trust across different functions.
  • Adaptability: Comfortable working in a dynamic, fast-paced environment with a focus on regional growth.


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