Compliance Officer, Compliance Controls

Job description

Tasks

• The Compliance Officer, Compliance Controls is responsible for the implementation of second line of defense ("2LoD") monitoring and control measures as part of the compliance function for and on behalf of JBBS.
• Support the Head, Compliance Controls and the Head, Compliance Asia and Singapore in the implementation of compliance controls, especially in the OAM business, as part of the global compliance program.
• Support in strengthening the first line of defense.

Key tasks

People Management

• Support the Head, Compliance Asia in ensuring compliance with local regulations and internal policies, procedures and instructions.
• Support the Head, Compliance Controls in managing regulatory issues, trends and emerging risks.

Client Management (internal & external)

• Support the Head of Compliance Controls in the implementation of the Head Office 2LoD monitoring program in accordance with global standards.
• Foster close working relationships with key stakeholders at HQ and other locations (especially Hong Kong) for a consistent control framework and alignment of test steps/methodologies.
• Maintaining good contacts with auditors, MAS/law enforcement authorities and key heads of regulatory developments.
• Support the implementation of the Bank's risk culture initiatives and HR's disciplinary and escalation framework.

Business Management

• Develop and implement 2LoD controls, particularly in the EAM business, within the specified timeframe, including proper documentation and escalation of findings to senior management.
• Participate in compliance strategy roadmap projects and coordinate the completion of head office initiatives.
• Develop a QA and testing framework, including annual QA and testing plans, risk assessments, testing/QA scripts, procedures and sampling methods that take into account regulatory expectations and industry developments.
• Conduct investigations and coordinate escalation to the Disciplinary Committee in accordance with the HR framework.

Regulatory Responsibilities &/OR Risk Management

• Demonstrate appropriate values and behaviors, including standards of AML, honesty and integrity, care and diligence, fair dealing (fair treatment of clients), management of conflicts of interest, competence and continuous development, appropriate risk management and compliance with applicable laws and regulations.
• Coordination of the implementation, deletion and updating of controls.
• Timely completion and submission of compliance controls in relevant systems.

Requirements

Personal and social skills

• A strong sense of responsibility, integrity and good judgment.
• Thorough, detail-oriented and analytical.
• Dynamic personality with the ability to work independently and in a team environment.
• Fault-tolerant organizational skills with the ability to multi-task and meet tight deadlines.
• Courage to speak up and feel comfortable escalating risky issues.
• Proactive, proactive and proposing solutions to solve problems.
• Excellent verbal and written communication skills with the ability to create concise and effective presentations and reports.

Professional and technical skills

• A university degree with more than 3 years of experience in Compliance Testing/Quality Assurance or Audit.
• Good knowledge of the regulatory environment and risk management, including the ability to link these.

We offer