Compliance Officer

Salary Range: SGD 5,500 – 7,500 (commensurate with experience)

Due to business growth, we are seeking a Compliance Officer to support and enhance our compliance framework, ensuring all business activities and operations meet regulatory requirements.

Key Responsibilities:

1. Compliance Policies and Procedures Management:

• Design, develop, and update the company’s compliance policies, procedures, and internal controls to ensure effective compliance implementation.
• Ensure all daily operations—including investment decisions, client transactions, and fund flows—strictly adhere to Singapore MAS’s financial regulations.

1. Regulatory and Legal Compliance Monitoring:

• Monitor and analyze changes in the regulatory landscape in Singapore and globally, adjust compliance strategies accordingly, and provide timely legal and regulatory risk reports to management.
• Manage day-to-day communication and coordination with regulators such as the Monetary Authority of Singapore (MAS), ensuring smooth regulatory audits and inspections.

1. Compliance Risk Management:

• Conduct regular compliance risk assessments to identify potential risks and propose effective control measures.
• Assist in the formulation and implementation of compliance risk mitigation plans to ensure adherence across all business units.
• Follow up on and resolve compliance issues, supporting legal, risk, and compliance reviews to facilitate smooth business operations.

1. Trade and Investment Compliance Review:

• Review investment portfolios and transactions to ensure compliance with company policies and regulatory requirements.
• Monitor internal investment decision-making processes to ensure decisions are made within the compliance framework and mitigate compliance risks.

1. Compliance Training and Support:

• Conduct regular compliance training sessions to raise awareness and understanding of compliance policies and regulatory requirements among employees.
• Provide compliance support and consultation to various departments, addressing daily compliance queries and helping staff understand and follow company policies.

1. Compliance Audits and Reporting:

• Assist with internal and external audits by providing necessary documentation and support to ensure smooth compliance audits.
• Regularly report to senior management on compliance matters and provide recommendations for continuous improvement of the compliance system.

1. Compliance Culture Building:

• Actively promote and maintain a strong compliance culture within the company, ensuring high standards of compliance awareness at all levels.
• Advocate for the importance of compliance internally and encourage greater self-discipline among staff in adhering to compliance standards.

1. Cross-departmental Coordination and Support:

• Work closely with investment, risk, legal, and other departments to ensure seamless integration of compliance requirements across business functions.
• Conduct compliance reviews before launching new products or services to ensure full regulatory compliance.

Job Requirements:

1. Education and Experience:

• Bachelor’s degree or higher, preferably in Law, Finance, Economics, or related fields.
• 3–5 years of compliance experience in an asset management firm, investment company, or related financial institution.
• Familiarity with Singapore’s financial regulatory environment and practical experience with MAS regulations.

1. Professional Competencies:

• Solid knowledge of compliance theory and practical experience in handling compliance matters independently.
• Proficient in compliance tools and techniques, with the ability to assess and respond to compliance risks effectively.
• Strong legal and regulatory interpretation skills to translate complex requirements into actionable guidance.

1. Communication and Coordination Skills:

• Excellent written and verbal communication skills to clearly articulate compliance risks and solutions.
• Ability to communicate efficiently with management, internal departments, and external regulators to ensure smooth compliance operations.

1. Work Ethic and Personal Qualities:

• Detail-oriented with a strong sense of responsibility and rigorous work attitude.
• Able to perform efficiently under pressure and in high-intensity work environments.
• Team player with the ability to collaborate across departments to advance compliance initiatives.