PERM Regulatory Compliance Deputy Manager (Private Banking, Up to $7,000)

Recruit Express Pte Ltd| Date Posted: 14-Jan-2021
EA Licence No: 99C4599|EA Personal Registration No: R1986990
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Job Nature:
Position Level:
Experienced, Manager
Bachelor's / Honours

Job Description

Jobs Responsibilities

  • Assist the Head of Compliance to implement compliance processes to ensure that they comply with regulatory requirements
  • Maintain and review compliance policies, procedures and practices to ensure compliance with all applicable laws
  • Advise and report on changes in the regulatory and compliance environment
  • Liaise and support business units on compliance issues
  • Handle ad-hoc assignments
  • To support all compliance (non-Anti Money Laundering) related matters relating to new Private Banking business. This would include drafting and implementation of Compliance frameworks, policies and procedures to cover the following topics (non-exhaustive):
    • Representative Notification Framework
    • Sales practices and mis-selling
    • Customer risk profile and suitability checks including customer knowledge and experience
    • Ethics and code of conduct
    • Product / services fees and charges disclosure requirements
    • Cross-border marketing

Job Requirements

  • Min. Degree
  • Minimum 5 years’ experience within the financial services industry, of which a minimum of 3 years within private banking compliance function.
  • Good knowledge of MAS regulatory requirements, Banking Act, SFA/FAA, ABS Private Banking Code of Conduct and other relevant banking regulations
  • Well-versed in private banking compliance frameworks including product suitability checks and customer disclosure requirements.


Application Procedures
Interested candidates, please email your resume to:

Attention: Lynn Mak Ling Ling (CEI No. R1986990)
[Click Here to Email Your Resume]
Recruit Express Pte Ltd (EA No. 99C4599)

Company Overview
Recruit Express Pte Ltd