Head of Compliance

Key Responsibilities of the Job:

• Contribute to the development of business strategies and apply specialist knowledge in support of strategic development.
• Ensure that the governance structure, compliance, risk and data security systems and procedures are aligned with the regulatory requirements and SJP Group.
• Undertake appropriate regulatory roles - MLRO / Senior Manager / Material Risk Personnel of Compliance and AML
• Maintain a strong and transparent communication channel with the regulators and relevant authorities/associations, demonstrating solid corporate governance and sound risk management practices.
• Ensure the company complies with all relevant legislative and regulatory requirements, including timely regulatory reporting, licensing, and CPD/CPT requirements.
• Oversee compliance monitoring/reviews, complaints handling and investigations.
• Ensure appropriate management information is available to facilitate the ongoing assessment of the effectiveness of compliance controls and procedures.
• Assist the business to create and maintain a culture of fair dealing, including building strong and trusting relationship with relevant stakeholders.
• Stay abreast of regulatory requirements and industry best practices and seek to continuously improve how things are done, including managing change effectively.

People Management Responsibilities:

• To support the development of the people within the Compliance Team. This includes being a role model in relation to personal development and growth, coaching and developing team members and motivate them to reach their potential.
• To demonstrate a strong work ethic, create an environment where people feel able to give their best and are provided with appropriate development opportunities.
• To be approachable and able to create opportunity for open dialogue with all team members and relevant stakeholders, including managing conflict as it arises.

Job Knowledge:

An understanding of the compliance, AML and risk management requirements of the MAS, and their application to an Exempt Financial Adviser and Capital Markets Licence holder.

Business Expertise:

Be visible internally and externally as the subject matter expert and be consulted by key stakeholders seeking definitive advice and guidance on critical matters.

Understanding of the Financial Adviser and Wealth Management industries in Singapore.

Problem Solving:

The Head of Compliance is required to analyse the regulatory requirements from a commercial perspective and make decisions in relation to the implementation of policies, procedures and processes to ensure the business continues to comply with current and emerging regulations.