Asia-based bank holding company, ranked among the top largest banks is looking to hire two positions for their IT Audit and Compliance Team - a team member and a lead. The Compliance Specialist and lead are responsible to ensure the Company complies with external regulations, legal requirements and its internal policies. He/she will work closely with various stakeholders to identify risk areas and implement effective compliance policies and procedures.
Facilitate and support communications with internal/external audit in collaboration with respective departments
Provide guidance to staff on managing requests from auditors
Review adequacy of audit submissions by departments
Follow up audit findings and lessons learnt from External and Internal Audit
Provide an independent oversight and observation
Facilitate regular reviews of policy and procedure for alignment with regulatory requirements and implement best practices.
Facilitate adoption of policy and procedure by departments
Conduct and provide training on external regulations and relevant policies
Ensure that all required trainings and due diligence checks are completed within schedule and maintain training records
Evaluate and examine whether the activities performed by Business Units are effective, appropriate and compliant with key regulations
Monitor expiry of any certificate, license and registration and ensure timely renewal
Participate and provide support in compliance investigations
Initiate and support Annual System Risk Assessments with respective System Managers and follow up on any identified risks for mitigation and closure.
Initiate regular BCP tests and follow up actions
Handling Regulatory Related Matters
Identify applicable laws and regulatory requirements
Keep abreast of regulatory changes/updates and perform gap analysis for alignment of entity policy and procedures as needed
Review and assess breaches flagged to compliance
Bachelor’s Degree in Law, Business Administration, Finance, Accounting, Information Systems or related field.
Min. 3-5 years of relevant work experience in compliance, internal control, risk management or internal audit.
Preferably with professional certifications such as CISA, CISM, CISSP, CIPP, CBCI, CRM, ICA, CA).
Possess a strong understanding of Singapore laws, regulations (including MAS guidelines and notices) and relevant industry standards such as information processing and financial industries
Preferably with working experience in financial services, IT industry in particular related to system development and integration
Preferably with IT audit experience.
Excellent technical writing and documentation skills
Advanced skills in using Microsoft Office products
Good appreciation for risk related subjects
Strong communication, interpersonal and presentation skills
Possess excellent analytical skills, attention to detail to ensure quality of deliverables
Experience in operating and maintaining Crisis Notification System
Effective communication and management of stakeholders
A self-starter team player who can work proactively with minimum supervision
Ability to multi-task, work under pressure and meet tight deadlines
High level of integrity and takes accountability over work