VP, Compliance Lead - Singapur, Singapore - SMBC Group

    SMBC Group
    SMBC Group Singapur, Singapore

    1 month ago

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    Description

    Responsibilities

    Audit

  • Lead communications with external/internal audit in collaboration with respective departments
  • Provide guidance to staff on managing requests from auditors
  • Review adequacy of audit submissions by departments
  • Plan for any mitigation controls with relevant departments and track the implementation to closure for reporting to management

    • Corporate Policy and Procedure

  • Define and review internal compliance policy and procedure to incorporate industry best practices to strengthen governance for corporate risks
  • Develop risk management strategies
  • Regularly review and revise Business Continuity Plans (BCP)
  • Provide an independent oversight and propose solutions to address problem/inadequate areas
  • Spearhead and drive adoption of policy and procedure by departments

    • Training, Assessment and Monitoring

  • Ensure that all required trainings and due diligence checks are conducted and completed within schedule
  • Evaluate and examine whether the activities performed by Business Units are effective, appropriate and compliant with key regulations
  • Report the results of evaluation and examination to Management
  • Lead compliance investigations and ensure that it is conducted as per the approved processes
  • Plan for Annual System Risk Assessments with respective System Managers and follow up on any identified risks for mitigation and closure

    • Handling Regulatory Related Matters

  • Keep abreast of regulatory changes/updates and perform gap analysis for alignment of entity policy and procedure as needed.
  • Review and assess breaches flagged to compliance

    • People Management and Others

  • Manage and oversee the day-to-day operations of the compliance team and provide guidance where necessary
  • Perform other duties as and when assigned

    • Job Requirements

  • Bachelor's Degree in Law, Business Administration, Finance, Accounting, Information Systems or related field.
  • Min years of relevant work experience in compliance, internal control, risk management or internal audit in a bank, financial institution or audit firm.
  • Preferably with professional certifications such as CISA, CISM, CISSP, CIPP, CBCI, CRM, ICA, CA).
  • Possess in-depth knowledge of Singapore laws, regulations (e.g. MAS Notices and Guidelines including but limited to TRM, Guidelines on Outsourcing Risk Management, Guidelines on Business Continuity Management
  • Preferably with working experience in financial services, IT industry in particular related to system development and integration.
  • Preferably with IT audit experience.
  • Excellent technical writing and documentation skills
  • Advanced skills in using Microsoft Office products
  • Good appreciation for risk related subjects · Strong communication, interpersonal and presentation skills
  • Possess excellent analytical skills, attention to detail, and the ability to interpret complex regulations.
  • Experience in operating and maintaining Crisis Notification System
  • Effective communication and management of stakeholders
  • A self-starter team player who can work proactively with minimum supervision
  • High level of integrity and takes accountability over work
  • Ability to generate innovative ideas and challenge the status quo