Compliance Specialist

Posted 4 years ago


General Compliance

  • Assist to implement and administer MAS anti-money laundering and countering the financing of terrorism (AML/CFT) policies and procedures
  • Drafting of policies and procedures governing all the operations and compliance controls of a Fund management company
  • Assist in the compliance function of a Fund Management company
  • Conduct Client Due Diligence (CDD) for on-boarding new clients as well as on-going Know Your Client (KYC) verification of documents for existing clients
  • Implementation of check and balance processes and corporate governance standards as per the client type, strategy, mission and goals of the regulated entity
  • Preparation of reports on compliance matters and issues, as well as regulatory gap analysis’ of the company processes that do not conform, and recommendations on how to improve these
  • Implementations and Maintain registers relating to the regulated business such as register of losses, errors, breaches, gifts received, conflict of interest and etc.
  • Implementation of a compliance monitoring program based on the company’s specific requirements
  • Assist to liaise with the regulators for licensing, registration and approval processes where the entity has yet to be regulated.

Risk Management

  • Assignment of risk profiles to clients based on the company’s risk appetite
  • Implementation of a risk policy, procedure, framework and assessment in accordance to the MAS guidelines as well as per the company’s specifications and business model
  • Carrying out risk assessments of the company’s processes
  • Carrying out the enterprise-wide risk assessment of the company, as stipulated by MAS
  • Drafting and implementing the Company’s BCP


  • Testing the company processes and procedures and providing a report on the results
  • Ensuring all documentation is retained appropriately

Job Requirements

  • Minimum 3-5 years related work experience in the financial industry and has a degree with a recognised university.
  • Experience dealing with the MAS regulations governing Registered Fund Management Companies(RFMC) and Capital Markets License Holder(CMSL)s
  • Experience dealing with licensing/registration of fund management companies as well as liaising with the MAS
  • Experience with building policies and procedures around specific business models
  • Self-motivated and meticulous
  • Team player with a professional integrity and a can-do attitude
  • Is keen on learning and exploring new ways and methods to mitigate risks and ensure regulatory oversight of financial institutions is not impoverished

Job Features

Job CategoryCompliance

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