Compliance Specialist

About Us

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.
 

Overview of Role

The Compliance Specialist plays a critical role in ensuring that the company operates within the regulatory framework. He/She is responsible for implementing and maintaining effective compliance monitoring programs to mitigate risks and promote a culture of compliance within the organisation. He/ She will be working closely with various stakeholders, including senior management, counterparts from the Group and other related entities, as well as regulators to ensure adherence to applicable laws, regulations and industry best practices.

1. Keeping Abreast of Regulatory Changes, Provision of Compliance Advisory and Support to Business

• To ensure prompt and effective communication of regulatory requirements, licensing matters, upcoming regulatory changes including changes to regulatory investment restrictions, group and local compliance policies.
• To support the evaluation of the potential commercial and/or operational impact resulting from specific regulatory changes or legislations which affects business compliance arrangements, procedures, processes and awareness.
• To support the implementation of regulatory changes.
• Keep abreast of regulatory developments in Singapore, including gathering and providing feedback on public consultation papers to the Monetary Authority of Singapore. 
• Assist in communications and requests from regulators, external and internal auditors on regulatory/ compliance matters.
• Maintain local compliance manuals which are in line with Group policies as well as industry best practices and relevant regulatory requirements.
• Providing compliance advisory on fund/product related matters.
• Review client agreements from compliance’s perspective.
• Conduct in-house training for staff e.g. anti-money laundering, staff personal dealing, licensing, regulatory requirements etc.

2. Trade Surveillance and Compliance Monitoring

• Perform trade surveillance tasks and activities based on the Compliance Monitoring Program 
• Ensure program is carried out timely and effectively, addressing the key risks identified and prepare reports to management / stakeholders regarding findings and recommendations made from the review.

3. Anti-Money Laundering

• To assist the MLRO as second line of defence against money laundering activities Advise the business and senior management on their responsibility to establish and maintain effective anti-money laundering systems and controls. 

4. Substantial Shareholding Disclosure  

• Conduct monitoring and reporting of substantial shareholding disclosure.

5. Cross Border Activities

• Provide advisory on cross border activities to business for South East Asia countries.

6. Working with the Business

• Work together with relevant functions on new business initiatives and projects, highlighting and addressing specific compliance and regulatory concerns. 
• Carry out review of RFPs / RFIs / marketing materials and completing requests/questionnaires from clients, regulators etc.

7. Management Reporting 

•  Support compliance reporting to senior management, Group etc.

Job Requirements

• Degree Holder 
• Candidate should have at least 3-5 years of relevant working experience preferably in asset management set-up 
• Good understanding of local regulations impacting asset management firms
• Candidate with knowledge of retail product-related regulations is an added advantage 
• Confident individual who is an effective communicator with good interpersonal skills
• Analytical with strong problem solving skillset
• Driven, resilient and able to work well independently and within a team, in a fast paced and dynamic environment

We recognise potential, whoever you are

Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs. For more information, please visit our FAQs.