Manager, Group Regulatory Advisory

Key Responsibilities: 

Regulations Management 

• Disseminate new/revised regulations to stakeholders.
• Disseminate regulatory/industry consultations to relevant business unit to comment/review and coordinate the responses for submission.
• Prepare and review Gap Analysis (“GA”) & Attestation of Compliance (“AOC”) for new/revised regulations submitted by stakeholders.
• Review and maintain the GA & AOC Template Process. 
• Review Group Compliance Risk Assessment (“GCRA”) submitted by stakeholders.
• Maintenance of Regulatory Risk Matrix. 
• Publish regulations to InAlliance Portal.

Regulatory Advisory for New Initiatives/Products/Services/Projects 

• Provide compliance advisory to assist business unit/support unit to manage their compliance risk.
• Review new product/service.
• Review publication and communication materials.
• Provide compliance advisory on the new initiatives/projects of the Bank.
• Conduct training for new joiners and newly on-boarded customer facing staff, as and when required.
• Continuous engagement with business unit/support unit.

Compliance Control Room and Chinese Walls

• Manage Compliance Control Room and Chinese Walls controls and procedures.

Regulatory Breach Management

• Review the Regulatory Breach Notification submitted by business unit/support function to ensure the reasonableness on their proposed corrective action plan. 
• Notify regulators of any regulatory breaches. 
• Submit secrecy breach report to regulators.

Regulatory Relationship 

• Liaison party between the Bank and the regulators, government bodies and relevant associations.

 Other Ancillary Functions

• Attend to any ad-hoc compliance advisory matters assigned by the Group Chief Compliance Officer.

Supervisory Roles

• Review tasks completed by subordinates for completeness and alignment to overall strategy and compliance framework.
• Provide guidance, supervision and motivation to team members to enable them to carry out their duties effectively on all functions/activities.

Requirements:

Skills                 

• Sound knowledge of compliance and regulatory matters.
• Strong leadership and strategic thinking.
• Ability to influence and work collaboratively with colleagues across Group Compliance, Group Risk, Group Internal Audit, and other respective business unit/support unit.
• Good analytical thinking and problem solving skills.
• Good writing and communication skills.
• Good interpersonal skills.
• Able to lead and motivate the team under supervision.
• Proactive and able to work independently as well as in a team.

 Knowledge

• Professional qualification or Degree in Banking & Finance, Business Administration, Law or other relevant discipline.
• Knowledge in capital market and/or banking operations and products.

 Experience

• At least 7 years of working experience in capital market and/or a financial institution.
• Experience in compliance, risk management or internal audit function is an added advantage.
• Experience in capital market and/or banking operations or product development is an added advantage.