Head of Compliance

Key responsibilities

Compliance & MLRO Duties

• You will be responsible for managing the Compliance function as an MAS licensed firm, reporting to the CEO of the firm.
• Acting as the primary MAS liaison officer, registered MLRO and DPO,
• Establishing and oversight of the implementation of the company’s local and group compliance and AML-CFT policies, procedures, systems and controls, including reviewing and updating as appropriate based on MAS and FINMA/Group requirements:
• You will be responsible for the review of client on-boarding, review of KYC DD, AML, SoW and SoF, and appropriate CDD files in accordance to MAS and Group requirements. In addition you will be required to Identify, manage and report on key compliance risks using the prescribed risk based approach,
• You will run Annual Compliance reports, Compliance Monitoring Plan, Quarterly AML Risk Analysis,
• You will act as the Compliance liaison point with Group, with regular update calls / communications,
• Embed a culture of compliance across the firm and support Senior Management,
• Conduct training on Compliance Induction, Ethics, AML, Bribery, Sanctions and all relevant compliance and AML policies and regulations as appropriate,
• Provide advice and guidance to the business on transactions.
• Provide guidance and training to staff on the appropriate implementation of compliance relevant rules, laws and standards,
• Responsible as the appointed MLRO for analysing transactions and, where necessary, filing of STRs to the relevant Singapore authorities,
• Act as the key contact point for communications with the regulator, build and maintain an effective working relationship with regulator so as to mitigate compliance risk,
• Supervise, manage and develop the Compliance team members.

Other Responsibilities

• Maintain the policy suite for the firm including but not limited to Compliance Manual, Risk Management Policy, Data Protection Policy, BCP Policy, etc,
• Annual updates of Business Impact Analysis and maintenance/update of risk registers for the entity,
• Submission of relevant reports to the Internal Controlling and Risk Department in the Head office and respond to ad-hoc queries from Group.