Job description

Job Description

The successful candidate will join Regulatory Compliance Department to provide regulatory compliance advice and services to the asset management business of the UOBAM Group. In a team of three, you will report directly to the Head of Governance & Compliance of UOBAM Ltd.  You will also assist in enhancing compliance's global oversight of the overseas investment management entities by providing functional guidance to the compliance officers of these entities.

Key responsibilities:

• Review and prepares Regulation Risk Assessments, Annual Compliance Plan and Manual;

• Manage regulatory compliance with applicable legislations, rules and regulations that govern asset management, as well as Group policies, standards, and international best practices for compliance operations;

• Review all product-related materials, advertising, marketing and sales promotion materials to ensure the business complies with Securities & Futures Acts (“SFA”) regulatory requirements and Group policies (“fair dealing”);

• Ensure compliance and provide advisory on all relevant Anti-Money Laundering and Anti-Bribery & Corruption regulations and laws and group policies;

• Provide adequate oversight to ensure the Company has effective control environment to minimize compliance risk;

• Provide advice, guidance and training to staff on the appropriate implementation of compliance framework which include policies and procedures such as those contained in the Compliance Manual, internal codes of conduct and practice guidelines.

• Advise the various units/ departments of any implications of new regulations/ regulatory changes and provide guidance on the proper and prompt implementation of procedures to comply with the requirements;

• Monitor, test and report compliance with relevant compliance risk management framework and internal policies/procedures to Board of Directors, Senior Management, Group Compliance, and, if required, to any regulatory authority.

• Provide oversight to UOBAM subsidiaries to ensure compliance with the Company’s licensing conditions.

Requirements:

• Degree holder or professional qualification in business, law or related discipline

• 6-10 years of experience in Asset Management, Banking, KYC and AML solutions or equivalent

• Possess good understanding of the securities laws and regulations (e.g. Securities and Futures Act & Financial Advisers Act) and the asset management business

• Experience in managing a team

• Prior experience in legal, compliance, audit or regulatory work in financial services industry

• Strong analytical and problem solving skills and ability to prioritize and organise work effectively and efficiently to meet with targets and deadlines

• Excellent verbal and written communication skills

• Good interpersonal skills and team player

• Conversant in programming languages (R/Python) and knowledge in statistics would be an added advantage

• Travelling may require from time to time to subsidiaries

Additional Requirements