Executive, Risk Management - Singapore - INFINITUM FINANCIAL ADVISORY PTE. LTD.

INFINITUM FINANCIAL ADVISORY PTE. LTD.

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

A self-directed and independent individual to support the Head of Risk Management & Compliance ("RM&C") within the RM&C department focusing on Regulatory Compliance aspects such as governance, risk management and market conduct requirements, in order to maintain a robust risk and compliance framework within Infinitum Financial Advisory.

This role reports to the Manager of RM&C in supporting the Head of RMC.

Infinitum Financial Advisory is a wholly-owned subsidiary of Income Insurance Limited, Singapore's top composite insurer, and is licensed and regulated by the Monetary Authority of Singapore (MAS).

Responsibilities:

Responsible for conducting Customer Due Diligence and 1st level review and escalation of cases with suspected or actual Anti-Money Laundering (AML)/Countering Terrorist Financing (CFT) related risk.
Facilitate accurate AML uploading of client names and ongoing name screening reviews via the DowJones system within stipulated timelines to meet internal requirements.
Performs monitoring and assessment of daily Credit Monitoring reports/alerts on external third parties and Representatives and ensure timely dissemination to relevant stakeholders.
Provide 1st level assessments from a Fit and Proper perspective in accordance to MAS Guidelines on an ongoing basis; provide appropriate solutions and escalate to senior compliance officers to facilitate representatives' onboarding process.
Performs monitoring assessments, ensure proper documentation and timely followups with Representatives and relevant departments in terms of Fit and Proper requirements.
Update and track internal registers on a timely basis (e.g. outsourcing, complaints, onboarding measures applied for representatives etc).
Assist senior compliance officers in the execution of periodic checks stipulated under the Compliance Monitoring Program.
Assists in the preparation of updates and/or reports to the relevant governing committee(s) and Authorities (e

g:
CPFB).

Undertake any tasks as assigned from time to time.

Requirements:

At least a Bachelor's degree or above
Having financial advisory and/or insurance compliance knowledge will be an added advantage
Attentive to detail and communicative
Discipline in meeting timelines, takes accountability over personal and team deliverables
Strong written and verbal communication skills with the ability to present analysis and recommendation
Fresh graduates are welcome to apply

Other competencies and traits:

Selfinitiated & dynamic individual who possesses critical thinking skills to increase efficiency
Possess good communication (verbal and written) skills with a strong EQ
Detailedoriented, has a strong analytical mind with good problemsolving skills
Has a selfmotivated personality and a good team player
Adaptable to changes
Self disciplined and motivated in a flexible hybrid work environment