VP, Regulatory Compliance, Group Compliance

Scope:

• Providing independent and objective perspective of residual compliance risk through a robust risk identification, assessment and management process
• Facilitating internal stakeholders’ design of control processes and solutions that cut across business and geographies through practical translation of the applicability of regulatory obligations into sustainable and cost effective operational requirements
• Monitoring and performing regular assessment of the state of business compliance risks, and enforcing effective remediation through root-cause analysis to address underlying issues
• Developing a robust compliance review plan and performing compliance reviews on the end-to-end controls on a risk based approach, in accordance with our established methodology
• Deploying data analytics to enable proactive monitoring and management of compliance risk, and enhance the effectiveness and efficiency of compliance review work
• Establishing tailored training programs to foster compliance literacy and promote the Bank's compliance culture and ethical conduct
• Advising the Bank’s leadership on emerging regulations and regulatory issues surrounding strategic initiatives
• Building good rapport and trust with the regulators through open and transparent communication

Requirements: 

• Strong understanding of Banking Act, Deposit Insurance and Policy Owners’ Protection Schemes Act, Securities and Futures Act and Financial Advisers Act.

• Preferably with experience in Wholesale Transaction Banking business.
• Possess market acumen to adjust and adapt to the changing regulatory landscape.
• Good degree in Accounting, Law, Business, Banking & Finance or equivalent.
• At least 6-8 years in legal, compliance, audit, risk management or regulatory work in the financial services industry.
• Good writing and communication skills with ability to develop a strong working partnership with [stakeholders] and internal stakeholders.
• Team player and demonstrated ability to manage multiple tasks and work independently.

• High personal standard of ethics, integrity and commitment to fulfilling the objectives of the position.