Key Roles and Responsibilities of the Regulatory Compliance Officer, Private Banking:
- Manage regulatory compliance and non-AML work across the private bank
- In charge of reviewing and maintaining regulatory compliance policies and practices
- Regulatory Compliance Advisory
- Keeping abreast on all regulatory updates
- Support all business lines on compliance issues
- Spearhead implementation of private banking regulatory compliance frameworks, policies and procedures (i.e. suitability checks and customer disclosure)
Requirements of the Regulatory Compliance Officer, Private Banking:
- At least 5 years experience of Regulatory Compliance within Private Banking
- Strong regulatory knowledge - MAS, SFA/FAA, Banking Act, ABS Private Banking Code of Conduct
- Strong written and verbal communication and interpersonal skills
- Good team player, Self-motivated and Adaptable