Manager, Compliance Central Services Singapore

Job Description

What is the opportunity?

As the Manager, Compliance Central Services Singapore, you will be responsible for supporting local Regulatory Compliance team in Singapore in fulfilling their responsibilities defined under the RBC Regulatory Compliance Management Framework.

What will you do?

The Manager, Central Compliance Services, Singapore will be required to, with oversight from the Associate Director, Central Compliance Services, Singapore and Hong Kong, manage the delivery and execution of the following activities:

• Senior management regulatory applications and appointments - including responding to follow-up regulatory inquiries in a timely manner;
• Employee licensing, registrations and de-registrations - including, where relevant, monitoring pending exams, competence documentation, regulatory notifications, training fulfilment and annual attestations;
• Compliance training - delivering induction training and refresh training where required;
• Monitoring & Testing (M&T) - including planning and executing agreed M&T activities and clearly communicating any potential observations and review findings to the business and functional stakeholders;
• Regulatory Change - including monitoring, interpreting and disseminating regulatory circulars, consultation papers and regulatory changes to relevant business and functional stakeholders;
• Personal Account Dealing, Private Investments and Outside Business Activities - administering personal declarations and pre-clearance requests and conducting periodic monitoring to detect potential non-compliance;
• Regulatory Compliance Management (RCM) - complying with all RCM framework standards, including, but not limited to, keeping internal records (e.g., in CALMA and RegComp) up to date;
• Regulatory submissions - including submitting regulatory surveys, self-assessments, consultation feedback, notifications, incident reporting and any applicable returns within required timeframes and coordinating follow-up inquiries from regulators where appropriate;
• Compliance related management – providing accurate and timely Compliance Central Services related updates;
• Daily and weekly monitoring of reportable positions (e.g. DOI and Short Positions) – including supporting associated regulatory reporting as required;
• Maintenance and revision of compliance policies, procedures and processes (as they relate to Compliance Central Services owned/administered activities) – including the dissemination of compliance reminders where necessary;
• Internal Audit, Compliance Quality Assurance and Regulatory exam support - as requests pertain to activities owned/administered by the Compliance Central Services team; and
• Support wider APAC Central Compliance Services team on adhoc tasks where required.

What do you need to succeed?

Must-have

• Degree or equivalent is required
• The role would typically require 7 years of relevant Compliance and/or Risk Management experience
• Effective communicator both verbally and in writing
• Strong analytical skills
• Strong attention to detail
• Ability to multi-task
• Ability and willingness to accept accountability and ownership, demonstrate initiative, work with limited direct supervision and support effective and efficient cross-unit co-operation

Nice-to-have

• Qualifications with an analytical focus
• Wealth Management and/or Capital Markets business and product knowledge
• Experience using SMARTS, Actimize, Bloomberg and/or similar types of surveillance systems

What’s in it for you?

We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensa