Compliance Manager (KYC)

Key responsibilities

• Work closely with the Head of Compliance, together with members of the local and global compliance team and other internal functions, to ensure that processes, system and controls are in place and reflect applicable Group and local regulatory requirements.
• Keep pace with regulatory changes, perform a gap analysis on new regulations and undertake an assessment of the relevant changes against current policies and procedures.
• Assist in the handling of regulatory consultations and reviews, MAS submissions, notifications, surveys and requests for information, as relevant.
• Undertake risk assessments and periodic reviews in accordance with the Compliance Monitoring Plan.
• Review of client’s account opening requests (such as private clients, companies, institutional clients, financial institutions, external asset managers, introducing brokers) from an AML/CTF standpoint (MAS, FATF, OFAC) including name screening, PEP review, background research etc.
• Undertake compliance investigations, monitoring and surveillance, and track the findings, recommendations and remedial actions taken.
• Undertake name screening, review hits and clear alerts.
• Proactively identify gaps, highlight any potential concerns/risks, recommend remediation actions and share best practices to enhance existing policies and processes.
• Review internal disclosure reports, summarise findings and where relevant, assist in the analysis and drafting of STR reports in conjunction with Head of Compliance.
• Preparation of internal training material on compliance-related topics.
• Participation in ad hoc local/Group compliance and regulatory projects.
• Provide compliance advice and support to the Front line sales team and Management.
• Perform any other duties as may be assigned by the Company from time to time.