Team Lead, Kyc Compliance - Singapore - BTI EXECUTIVE SEARCH PTE. LTD.

BTI EXECUTIVE SEARCH PTE. LTD.

Verified Company

Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Our client in the banking industry is hiring an experienced KYC/AML Compliance professional.

Team Lead, KYC Compliance - Private Banking

This role will entail reporting to the Head of Legal & Compliance in Singapore with the main responsibilities of:

Manage and oversee all Singapore private wealth (PW) regulatory compliance matters, and lead the team
Develop and handle AML/CFT, monitoring, surveillance, suitability, cross border advisory, conflicts of interests, licensing, etc.
Working closely with Private Wealth personnel and the respective policy owners, to provide counsel, advice and support to all of the Company's businesses and support functions on compliance related areas
Provide advisory services on transactional issues, for Private Wealth existing and new business initiatives and products
Manage ongoing regulatory matters
Perform regular Monitoring and Testing of Controls to ensure that internal policies and regulatory requirements are met adequately and report all findings succicntly on a timely basis to the Head
Attend all necessary compliance meetings as directed to ensure all issues are noted and subsequently attended to.
Manage any assigned specific projects involving external vendors, including but not limited to the implementation of KYC digitization
To work with Head to generate Compliance Rule, policies and procedures and related internal rules, or revise company existing Compliance Rule in line with Head Office policies and procedures
Work closely with internal stakeholders ti strengthen compliance

- culture by setting standards and implementing effective management

To adhere and be in compliance with local regulation and Group directives.
Monitor daily activities of Private Wealth Business side and give them adequate advice and warning when necessary.

- rovide constructive advice and proposals to Business side and Management in order to improve effectiveness and efficiency of business on perspective of Compliance, and activate those practically.

Maintain continuous and regular communication with our Head office and make sure to maintain unified understanding and opinion for Private Wealth businesses on legal and compliance perspectives.
Support to make necessary documents of various agreements and contracts for Private Wealth businesses.
Assist in formulating policies procedure manuals (PPMs) required for Private Wealth business

Requirements: