Compliance VP

1. KYC Advisory & Client Onboarding (PWM Focus):

• Act as the compliance lead for onboarding high net worth individuals and corporate clients under the Private Wealth Management (PWM) business.
• Review account opening requirements and ensure compliance with internal and regulatory requirements relating to KYC, CDD, source of wealth/funds, beneficial ownership, and ongoing client risk assessments.
• Provide guidance to front office and onboarding teams on KYC/CDD requirements (including FATCA/CRS requirements), review high-risk or complex client profiles, third party fund transfer and large fund deposit/withdrawal reviews.
• Support periodic and event-driven client reviews, including enhanced due diligence (EDD) for high-risk clients and structures such as offshore entities, trusts, and nominee arrangements.

2. Control Room & Conduct Risk Management:

• Manage control room responsibilities, including maintaining the firm's restricted and watch lists, handling personal account dealing (PAD) approvals and monitoring, conflicts of interest management, entertainment & gift declarations, and annual employee attestation processes.

3. Policies, Training & Monitoring:

• Develop and maintain policies and procedures to ensure effective compliance with anti-money laundering (AML), countering the financing of terrorism (CFT), sanctions, anti-bribery and corruption (ABC) obligations, and control room requirements.
• Conduct periodic risk assessments of AML/CFT controls and contribute to the firm's enterprise-wide AML/CFT risk assessment (EWRA).
• Assist in monitoring unusual transactions and preparing Suspicious Transaction Reports (STRs) where necessary.
• Deliver internal training sessions on KYC/AML obligations and control room requirements.
• Conduct sample testing and monitoring to ensure operational adherence to key compliance controls.

4. Regulatory Compliance & Filing:

• Assist in the interpretation and application of MAS regulations relating to AML/CFT, sanctions, and conduct obligations under the CMSL regulatory regime.
• Support internal reviews and audits related to compliance function.
• Support MAS-related filings and regulatory engagement, including FATCA/CRS reporting.
• Coordinate the licensing of appointed representatives and directors with MAS, and maintain related records.