Compliance Control Offer

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Compliance Controls is Compliance Division of Julius Baer and supports the Senior Management in ensuring compliance with external and internal regulations to actively manage operational, regulatory and reputational risks.
The Compliance Officer, Compliance Controls is responsible for performing second line of defence (“2LoD”) monitoring and surveillance controls across the Compliance function for and on behalf of BJBS.
The role supports the Head, Compliance Controls and Head, Compliance Asia and Singapore in implementation of compliance controls specifically on EAM business as per Global Compliance Program. The role also supports the strengthening of first line of defence.

YOUR CHALLENGE

KEY FEATURES OF THE POSITION

People Management

• Support Head, Compliance Asia to ensure compliance with local regulations and adherence to internal policies, procedures and directives.
• Support the Head, Compliance Controls in the management of regulatory issues, trends and emerging risks.

Client Management (internal & external)

• Support the Head of Compliance Controls to drive Head Office 2LoD holistic monitoring program in line with global defined standards.
• Foster close working relationship with key stakeholders in Head Office and other locations (in particular Hong Kong) for consistent control framework and alignment of test steps/methodologies.
• Maintain good liaison with auditors, MAS/law enforcement agencies and key abreast of regulatory developments.
• Facilitate the rollout of Bank’s risk culture initiatives and HR’s disciplinary and escalation framework.

Business Management

• Develop and execute Compliance 2LoD controls, particular in EAM business, within the stipulated timeframe, including proper documentation and escalation of findings to senior management.
• Participate in Compliance Strategic Roadmap projects and coordinate the completion of various Head Office initiatives.
• Develop QA and Testing framework, including but not limited to annual QA and test plans, risk assessments, testing/QA scripts, procedures and sampling methodologies that incorporate regulatory expectations and industry developments.
• Perform investigations and coordinate escalation to disciplinary committee as per HR framework.
• Assist in ad-hoc handling of compliance and markets advisory, regulatory inspection updates and reportings (internal & external).
• Support the Head of Compliance and contribute to Compliance training programs to employees.
• Manage the disclosure request process and render prompt cooperation to regulators and law enforcement agencies for information.

Regulatory Responsibilities &/OR Risk Management

• Demonstration of appropriate values and behaviours including but not limited to standards on AML, honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations.
• Coordinate on control implementation, deletion and update.
• Timely completion and submission of compliance controls in relevant system

YOUR PROFILE

SKILLS REQUIREMENTS OF THE POSITION

Personal and Social

• A strong sense of responsibility, integrity and good judgement.
• Meticulous, detail oriented and analytical.
• Dynamic personality with ability to work independently and in a team environment.
• Impeccable organisational skills with ability to multi-task and manage tight deadline.
• Courage to speak out and comfortable to escalate risk issues.
• Proactive, initiative and propose solutions for issue resolutions.
• Excellent verbal and written communication skills with ability to produce concise and effective presentations and reports.

Professional and Technical

• A degree qualified with more than 3 years’ of Compliance Testing/Quality Assurance or Audit experience.

• Good knowledge of the regulatory environment and risk management, including ability to connect the dots on Compliance risk issues.
• Experience in interacting with regulatory authorities and auditors.
• Knowledge of business, processes, standards, policies and procedures in a private banking sector.

Regulatory (where applicable)

• Preferably experience in similar role

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