Assistant Vice President, Business Compliance

7 days ago


Singapore MUFG BANK, LTD. SINGAPORE BRANCH Full time

**Job Summary**:
To be the primary compliance contact for Transactional Banking (TB) businesses in Singapore, in the provision of day-to-day regulatory and compliance advice, facilitation of stakeholder management for both the business and compliance functions, the conduct and preparation of CRA/MI, and ensuring compliance matters are adequately addressed and escalated to senior management when necessary.

To provide Regional compliance advisory support and coverage for the TB business, working in collaboration with colleagues in ACO HK and APAC branches.

**Responsibilities**:

- To support the SG Compliance Officer in implementation of a robust and structured Compliance Programme in Singapore.
- As business compliance officer for TB, be a trusted advisor to the business management/leadership team on Core Compliance (i.e. Non-Financial Crime) issues and risks. To provide sound advice/review to business such as new business initiatives, products, and transactions based on MAS requirements and MUFG’s compliance policies and procedures, to support decision making.
- To engage and influence business management on key compliance risks identified and actions required. Monitor action plans to ensure compliance gaps are closed in a timely and appropriate manner to mitigate compliance risk.
- To work with business compliance advisers in ACO HK and APAC branches to provide guidance and advice to the Transactional Banking business in APAC, that is sound and regionally consistent.
- To work with, and cover as necessary, compliance advisers in the department who cover the other Product Offices and non-Product Offices, for example on issues that involves multiple units.
- To maintain good working knowledge of industry trends, products, relevant laws and regulations, and support in the development of appropriate and practical solutions and processes that are in line with industry best practice.

**Job Requirements**:

- Minimum 5 years of compliance experience in a financial institution, regulator, or audit firm.
- Good knowledge of MAS requirements under the Banking Act, Regulations and Notices (broad-based and not FCC/MAS 626-specific).
- Prior experience with Transactional Banking (Trade Finance, Cash) business and products would be advantageous
- Prior experience in business compliance advisory or regulatory compliance in a global corporate banking environment would be advantageous.
- Excellent analytical skills and demonstrable ability to make sound judgment based on imperfect information.
- Ability to work both independently and as part of a team, including collaborating with compliance colleagues in the department and the regional to support the business and deliver the function.
- Strong communications skills, written and verbal, and ability to manage wide range of stakeholders.
- We regret to inform that only shortlisted applicants will be notified.- Job ID: 10055395_



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