BNI Securities Hiring! Full Time Assistant Vice President, Compliance and Risk Management in Central Region (Singapore), Earn up to SGD 8,000 - Ricebowl

Compliance function

Support the managing of the overall regulatory compliance of the firm;

Support in conducting monitoring activities, including financial crime prevention, mitigate risks and ensure compliance with regulatory standards and internal policies;

Support and maintain the compliance checklist and calendar to ensure timely regulatory submissions and adherence to compliance/regulatory deadlines;

Perform compliance reviews, including incident reports, complaints, and whistleblowing investigations;

Oversee the firm’s client onboarding / KYC process to ensure regulatory compliance and risk management;

Support the Conduct firm-wide compliance training, including AML training, in timely and efficient manner;

Maintain, review, and update the firm's policies and procedures to ensure compliance with regulatory requirements and industry’s best practices;

Keep stakeholders informed about new and existing regulatory requirements, including impact analysis, proposed actions, and implementation of necessary measures;

Support in managing the firm’s licensing matters, including MAS representative registration, fit and proper assessments, including ensuring the firm’s adherence to its licence conditions.

Risk Management function

Foster a strong risk culture within the firm by promoting risk awareness and best practices;

Conduct risk assessments to identify potential areas of concern and collaborate with business units to mitigate risks to an acceptable level;

Proactively manage key risks by implementing and maintaining effective controls;

Continuously enhance and improve policies and procedures to align with regulatory requirements and industry standards.

Others

Review and provide guidance on new business initiatives from a Compliance and Risk Management perspective;

Participate in the firm’s Business Continuity Management to ensure operational resilience;

Support and manage internal audit engagements, including responding to audit findings and implementing corrective action plans;

Oversee IT implementation with a focus on cybersecurity and cyber hygiene to safeguard company systems and data;

Provide oversight into operational settlement matters to ensure efficiency and compliance with regulatory requirements.

Requirements:
Self-motivated with the ability to work independently and as a team member of the compliance and risk management function and the BSPL organization at large;

Minimally a Bachelor’s degree, preferably in Law, Accountancy, Finance, or a related field;

Minimum of 3 years of relevant experience in the financial industry including liaising with regulators;

Working experience in Securities and Futures Act, its subsidiary regulations, and the Monetary Authority of Singapore’s Notices and Guidelines;

Good advisory skills to guide the firm on risk events, develop risk mitigation strategies, and implement tools and controls for effective risk monitoring and management;

Strong writing and communication skills;

Highly collaborative with excellent problem-solving and interpersonal skills;

Able to prioritize workloads and ensure deadlines are consistently met;

Strategic thinker with a clear understanding of objectives and their impact;

Preferably experience in possessing prior experience within a compliance function for an investment bank / securities house;

Preferably but not a must to know how to converse in Bahasa Indonesian.

Based in Singapore, BNI Securities Private Limited (“BSPL”) is a wholly-owned subsidiary of PT BNI Sekuritas, and part of the PT Bank Negara Indonesia (Persero) Tbk. Group, a state-owned enterprise in Indonesia.