Associate Director, Regulatory Compliance Advisory

Posted 15 May 2022
Job type Permanent
DisciplineChief Operating Officer & Governance

Job Description

  • Financial Services
  • Supports the Bank group
  • Great for career growth

The Regulatory Advisory team is part of Regulatory Compliance that supports the Bank group in managing regulatory, compliance and conduct risks, through effective stakeholder engagement, and robust regulatory change management. The team works closely with the business, risk and infrastructure units to advise them in analysing and resolving compliance issues, provides head office support to Compliance teams in overseas offices/branches/subsidiaries, handles regulatory inquiries and affairs, is a subject matter expert on regulatory requirements relating to private banking / wealth management business, and helps drive effective implementation of head office policies and procedures arising from regulatory changes.


Key Responsibilities

  • Take a consultative approach in providing timely and quality advice to business, risk and infrastructure units on compliance, regulatory and policy matters.
  • As a subject matter expert, interpret and analyse new or revised regulatory requirements, and provide advice and guidance to responsible parties for timely and effective implementation of policies and procedures to comply with the requirements.
  • Formulate and timely update Compliance head office policies and procedures to ensure that they are in-line with regulatory requirements and mitigate compliance risks; and assist in the roll-out and/or training of these policies and procedures group-wide.
  • Work closely with business, risk and infrastructure units to assess incidents whether they are regulatory breaches and/or involve staff misconduct, and handle reporting of regulatory breaches and/or misconduct to MAS.
  • Assist to undertake management action plan to close Compliance-related audit points by regulator, internal audit and external audit.
  • Coordinate with internal stakeholders to address and respond to regulatory inquiries on a timely basis.
  • Timely escalation of adverse or significant compliance/regulatory issues to Compliance management.

Key Requirements


  • Minimum 5 years of relevant regulatory experience, in banking compliance; or with MAS or audit professional firms
  • Good understanding of the regulatory framework for private banking/wealth management business, including but not limited to Banking Act, Securities and Futures Act, Financial Advisers Act and Private Banking Code of Conduct.
  • Excellent interpersonal skills and the ability to work collaboratively in a team-oriented environment.
  • Exceptional written and oral communication skills, with ability to communicate complex ideas effectively.
  • Strong analytical and problem-solving skills; able to quickly identify the issues, exercise sound judgement and manage execution under pressure.
  • Attentive to details and capable of multi-tasking in a fast-paced environment; able to meet tight timelines and work independently.


  • Degree holder from a reputable university, preferably with good academic record.
  • Relevant professional/industry qualification such as ICA Diploma in Compliance would be an advantage.


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