Part-Time Compliance Manager / Compliance Officer (Licensed Trust Company)
Role Overview
A Singapore Licensed Trust Company is seeking a suitably qualified part-time Compliance Manager / Compliance Officer to oversee and support the company’s regulatory compliance framework.
This role is structured as a part-time appointment (approximately 2 days per week) and is suitable for experienced compliance professionals seeking a portfolio role, semi-retired practitioners, or candidates currently supporting MAS-regulated entities in a compliance capacity.
The successful candidate will work closely with management and the Board to ensure continued compliance with the Trust Companies Act, MAS regulatory requirements, and applicable AML/CFT obligations.
Key Responsibilities
Regulatory Compliance Oversight- Maintain oversight of compliance with the Trust Companies Act and applicable MAS regulations and guidelines
- Monitor regulatory developments affecting licensed trust companies
- Support preparation of regulatory notifications and submissions where required
- Liaise with MAS on supervisory matters where appropriate
- Maintain regulatory registers and compliance documentation
- Maintain and periodically review the company’s AML/CFT framework
- Oversee implementation of customer due diligence standards applicable to trust structures
- Review higher-risk onboarding cases where required
- Ensure sanctions screening oversight processes remain effective
- Support suspicious transaction reporting processes where necessary
- Maintain the company’s compliance monitoring programme
- Conduct periodic compliance reviews proportionate to the scale of operations
- Support management and the Board on compliance governance matters
- Maintain internal compliance registers and documentation
- Assist with regulatory gap assessments where necessary
- Maintain and update:
- Compliance Manual
- AML/CFT policies
- Risk assessment documentation
- Internal compliance procedures
- Ensure policies remain aligned with MAS expectations
- Support MAS inspections (if applicable)
- Coordinate responses to auditors on compliance matters
- Assist with regulatory notifications where required
- Maintain compliance training documentation
- Conduct periodic compliance and AML/CFT awareness briefings for staff
- Maintain training records appropriate to regulatory expectations
Candidate Requirements
Experience
Candidates should ideally have experience in a MAS-regulated environment, preferably:
- trust companies
- fiduciary service providers
- corporate service providers
- private banking / wealth structures
- financial institutions
Preferred experience level:
5+ years in compliance, AML/CFT, or regulatory roles
Qualifications (Preferred)
Advantageous qualifications include:
- ICA AML/CFT certification
- ACAMS certification
- Legal, accounting, or compliance background
- Experience supporting MAS-licensed entities
Personal Competencies
The successful candidate should demonstrate:
- Strong understanding of Singapore regulatory expectations
- Ability to operate independently in a lean governance environment
- Experience supporting senior management and Boards
- Practical risk-based compliance judgement
- Strong policy-writing and documentation capability
Reporting Line
This role reports to:
Senior Management and Board of Directors
Working Arrangement- Part-time appointment
- Approximately 2 days per week
- Flexible working arrangement may be considered
- Suitable for professionals holding multiple compliance appointments