Lead the ongoing development and implementation of the frameworks on compliance policies and standards established by the clients as well as review relevant internal policies and external regulatory requirements

Provide oversight on relevant business and support functions adequately address regulatory requirements relating to new business initiatives such as new products/services (e.g. product program, outsourcing contract)

Manage training needs ensures the team keeps abreast of regulatory developments and assess impact on business e.g. FAA, SFA, AML/KYC and the Banking Act.

Provide advice to the business on relevant rules & regulations and ensure that relevant business and support functions develop procedures and processes to be in compliance
Oversee and manage the ongoing development of the Self-Assessment methodology used to track relevant key activities undertaken by various business units to ensure adequate standards and quality are maintained

Review Self-Assessment findings and recommend corrective actions and conduct quality assurance trainings to the sales platform where appropriate

Review the state of regulatory compliance of the business, including the level of business ethics and business practices to ensure they continue to adhere to policies and guidelines and remain relevant to the business.

Prepare and manage regulatory audits and inspections

Requirements

• Degree holder in audit or legal preferred
• 8-10 years experience in compliance functions within the wholesale banking or private wealth areas
• Have a good understanding of regulatory requirements in this region.
• Ability to work well with all levels of the organization both on a one-on-one basis and as the member of a team.
• Good negotiation skills
• Excellent written, verbal and presentation skills