AVP/VP, Group Regulatory Compliance (Group Oversight)

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

 Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

 We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

• To be part of a dynamic global regulatory compliance oversight team that provides oversight of the regulatory compliance developments in all overseas jurisdictions where the Bank has presence.

• You will also provide oversight of the regulatory compliance matters of selected key banking and non-banking financial institutions in Singapore and other major stake entities in the Bank Group.

• To additionally play a key role in managing regulatory risks arising from all global cross border initiatives across all the entities in the Bank Group.

• To actively contribute to the development and implementation of various compliance programs and initiatives. You will enhance your expertise in regulatory requirements and deepen your knowledge in bank operations.

• Gain in-depth knowledge of the wide breadth of regulations and compliance requirements that apply to your industry, especially knowledge of overseas regulations and compliance requirements and regulations applicable to major stake entities in Singapore.

• Stay updated with any changes or new regulations that may affect the organization.

• Take initiative in identifying potential compliance risks and developing strategies to address them.

• Experience end-to-end operationalisation of regulatory requirements by driving or participating in implementation projects with management of bank stakeholders.

• Stay ahead of regulatory changes and anticipate their impact on the organization.

• Implement proactive measures to ensure compliance rather than reacting to issues as they arise.

• Provide oversight of the regulatory compliance developments in all overseas jurisdictions where the Bank has presence, and manage regulatory risks relating to the overseas entities.

• Advise the overseas entities on MAS regulatory requirements.

• Collate information for management reporting and MAS reporting.

• Work on global cross border initiatives across all the entities in the Bank Group.

• Work with relevant stakeholders to drive the implementation of new regulatory requirements.

• Act as the liaison with regulators for regulatory compliance matters including on inspection and thematic reviews, responding to information requests and surveys, and collating the necessary information from internal bank stakeholders.

• Keep abreast of MAS and overseas regulations and updates.

• Review regulatory compliance policies and procedures.

• Identify, assess and document compliance risks associated with business activities.

• Provide periodic regulatory compliance training to all relevant stakeholders.  

• Opining on regulatory breaches.

• Maintain the library of regulations and its relevance to the relevant assigned entities under your charge. 

• Collate and track regulatory developments and significant issues.

Group Legal & Compliance takes care of integrity and ensures compliance with all rules and regulations, developing the policies and procedures that manage and mitigate risk. In an evolving world where we’re actively driving digital transformation, it’s no easy task. But we thrive on the challenge because we’re future-ready and focused on driving change.

• Degree qualifications, with minimum 5 years of relevant experience in regulatory compliance in a bank. 

• Strong regulatory technical skills in respect of MAS regulations with preference for candidates familiar with regulations relating to a global regulatory compliance role. 

• Strong analytical and interpretation skills

• Strong stakeholder management skills to bring about meeting of minds across many units across the bank

• Motivated and responsible.

• Familiar with financial products and services. 

• Proven leadership, organization and facilitation skills. 

• Good interpersonal and communication skills. 

• Proactive, independent and resourceful. 

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.