Senior Executive, Compliance

Headquartered in Singapore with presence in the United States and Indonesia, Straits Financial serves as the financial services arm of the CWT Group, a global leading provider of integrated logistics and financial services. We provide a fully-integrated service for our clients to access the financial and commodity derivative markets and will continue to expand into key financial and commodity markets.

**The Team**

The Team is responsible for putting in place and executing proper level-two governance and reporting mechanisms for financial crime and compliance, including for existing business and implementation of new businesses, addressing any AML, compliance and regulatory risks faced by the company. The team is also primary responsible for liaising with legal counsel to address legal documentation and legal risk issues. Compliance works closely with other departments in the organization to ensure compliance risks are effectively addressed with proper processes; as well as Chief Operating Officer for group reporting and oversight.

This position reports to the Head of Compliance.

**Key Responsibilities**

Your primary responsibilities will be:

- Trade Surveillance
- Being the main driver in conducting daily reviews of alerts generated by surveillance systems and properly escalate as necessary;
- Understanding of commodities futures markets and FX trading;
- Implementing and maintaining a trade surveillance oversight program to ensure the appropriate handling of trade surveillance with regulatory requirements and market practice;
- Identify opportunities for process improvement and development of the oversight program;
- Follow-up on trade surveillance alerts and liaise with relevant departments as necessary;
- Carry out annual parameters review.
- Regulatory compliance
- Managing regulatory compliance across all local entities within the Group;
- Proactively anticipate and research on new regulatory requirements, including consultation papers, propose and follow through with implications on the business and implementation actions;
- Review annual compliance calendar and programs, ensuring adherence to ongoing obligations;
- Perform compliance reviews, taking action in dealing with non-compliance situations and creating realistic plans to overcome them;
- Coordinate with counterparties on regulatory requests and ensure prompt follow-up.
- Responsible for fund movement surveillance.
- Review advertising and marketing materials;
- Assist to provide advice and guidance on compliance policies and procedures relevant to the applicable rules and regulations of the company.
- Internal compliance
- Provide 2nd level monitoring and management of compliance to internal policies and procedures;
- Managing and dealing with matters relating to Code of Conduct, errors, complaints, as well as incidents (together with HR where necessary).
- Process improvements and other ad-hoc projects, including system implementation and testing, in relation to the above scope.
- Escalate salient matters to the Head of Compliance as necessary.
- All other tasks as allocated by Head of Compliance from time to time.

**Requirements**:
You should possess the following:

- At least a Degree in preferably Business, Accountancy, Finance or equivalent;
- At least 5 years of relevant working experience in the brokerage (securities/derivatives) industry is a must;
- Well-versed with regulatory obligations of SFA, FAA, as well as exchange regulations (e.g. CME, ICE, SGX), as well as the newly introduced PSA, and changing regulatory landscape of digital assets;
- Able to work in a high volume, fast-paced environment that is continuously growing;
- Highly collaborative and possess excellent writing, communication and problem-solving skills;
- Team player but able to work independently;
- Meticulous, mature with a positive work attitude.