Toa Payoh - Compliance Officer

1. Liaise with Monetary Authority of Singapore and any other relevant authorities, internal and external parties for any compliance and legal related matters.
2. Support on all aspects of regulatory and compliance requirements, keep abreast of regulator developments in prevention of Anti‐Money Laundering/Countering the Finance of Terrorism (AML/CFT), assessing potential impact on the Company’s existing policies/procedures and implementing changes and improvements to the Company’s internal control and internal check processes to ensure compliance.
3. Review and update the Company’s internal policies, guidelines and procedures from time to time.
4. Contribute to the promotion and development of a compliance culture within the Company.
5. Provide AML/CFT guidance and training to all staffs with respect to due diligence/KYC standards and applicable internal policies/ local regulations.
6. Being responsible for the full spectrum of AML & KYC duties including conducting reviews on new clients, conducting periodic reviews on existing trust accounts and ongoing transaction monitoring.
7. Facilitate in reporting of suspicious transactions from AML/CFT perspective.
8. Support the preparation/follow‐up on internal/external audit and regulatory inspection.
9. Prepare a quarterly report on audit findings and annual report on compliance for submission to the Company’s Board of Directors.
10. Provide internal legal support; drafting and reviewing agreements, resolutions and other legal documentation relating to trust structures and the underlying investment transactions.

Qualifications:

1. Bachelor’s degree in Finance, Law, Business Administration, or related field. Advanced degrees or certifications (e.g., CAMS, ICA Diploma in Compliance, etc.) is a plus.
2. Minimum of 5-8 years of experience in compliance within the financial services industry, specifically in MAS-regulated entities dealing with trust business.
3. Comprehensive knowledge of MAS regulations, guidelines, and best practices related to trust business.
4. Strong analytical skills and attention to detail with the ability to interpret and apply regulatory requirements effectively.
5. Excellent communication and interpersonal skills to interact with various stakeholders, both internally and externally.
6. Proven ability to work independently, prioritize tasks, and handle multiple projects simultaneously.
7. Ethical conduct and integrity, maintaining confidentiality and professionalism in all matters.