AVP, Compliance Advisory and Regional Oversight

Job Responsibilities:
Regional HQ (Singapore) Business Compliance Advisory
•To support the delivery of ACO strategy and implementation of a robust and structured Compliance Programme in Singapore and across branches in AO.
•To be a trusted advisor to business management/leadership team on Core Compliance (i.e. Non-Financial Crime) issues and risks. Provide sound advice to business, based on MAS requirements and Bank’s compliance policies and procedures, to support decision making.
•To maintain good working knowledge of industry trends, products, relevant laws and regulations, and support in the development of appropriate and practical solutions and processes that are in line with industry best practice.
•To conduct and produce monthly CRA/MI. To support the team in engaging business management on key compliance risks and the actions required. Monitor action plans to ensure compliance gaps are closed in a timely manner to mitigate compliance risk.
•To work in partnership with colleagues in the Head Office to support the implementation of regional projects at a Branch level. To work in partnership with seniors in the team and compliance colleagues in ACO/FCOA and in the region to share knowledge and to provide guidance and advice to business on complex Compliance issues.
•To update departmental policies and procedures and support delivery of continuous improvement where appropriate. To support departmental initiatives to drive process improvement / efficiency.
•To participate in relevant country/regional committees as required.

Regional Oversight
•To support department’s oversight of MUFG branches, banking subsidiaries and representative offices in AO- region, ensure regional and global standards are applied, and provide ACO Management a consistent view of compliance risks across the region.
•To keep abreast of the emerging global compliance trends and regulatory environment in AO.
•To conduct regular dialogues with COs and onsite visits.
•To review unit CRA/MI results and action/remediation plans to ensure significant compliance issues are being highlighted and addressed on a timely basis.
•To support, guide and oversee country COs of MUFG units in AO in managing and mitigating compliance risks, and strengthening the local compliance framework. Provide advice and training as required.
•To support Regional Chief Compliance Officer in the performance appraisal of COs and evaluation of the compliance component of the overseas AO units under the Global Balance Score Card framework.

Others
•To support projects or initiatives, or take on additional responsibilities, as required by ACO Management or Head, Regional HQ Advisory and Oversight.

Job Requirements:
•Degree qualified, with 3-7 years of relevant working experience at a financial institution, regulator or audit firm.
•Prior experience in a compliance advisory role covering Corporate Banking, Investment Banking, Transaction Banking, Global Markets business or non-business Functions in a global corporate banking environment is desired, but not mandatory.
•Good knowledge of MAS requirements including the Banking Act, Securities and Futures Act and Financial Advisers Act. Additional experience with other regulatory regimes in Asia-Oceania will be a plus.
•Knowledge of products and services of one or more of the following business: Corporate Banking, Investment Banking, Transaction Banking, and/or Global Markets.
•Good analytical skills.
•Strong communications skills, written and verbal, and ability to manage stakeholders.
•Ability to work both independently and as part of a team.

We regret to inform that only shortlisted applicants will be notified.