This site uses cookies. To find out more, see our Cookies Policy

Senior Compliance Officer (Investigation and Fit & Proper) in Singapore at Great Eastern

Date Posted: 8/3/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Singapore
  • Date Posted:
    8/3/2018
  • Job ID:
    649/427/1631

Job Description

Job ID: 000649

The Job

 

  • Ensure successful completion of assigned investigation cases, from start to end, inclusive of preplanning and wrap up activities;
  • Ensure the fulfilment of the Fit & Proper criteria for New Applicants and Distribution Representatives;
  • Apply risk and control concepts to scenarios encountered and identifies any potential issues; and
  • Report identified issues to Supervisor to ensure any potential concerns are addressed in a timely and effective and appropriate enforcement actions are meted out to Distribution Representatives.

 

Investigation

  • Conduct assigned investigations successfully from beginning to end;
  • Ensure investigation conclusions are based on a complete understanding of the issues, circumstances and risk;
  • Obtain and review evidence ensuring investigation conclusions are well-documented;
  • Identify and communicate issues raised, offering recommended solutions relevant to business and risk;
  • Ensure adherence at all times to applicable department and professional standards;
  • Prepare and attend mediation and adjudication sessions at FIDReC;
  • Mete out enforcement actions as warranted based on investigation findings;
  • Prepare management reports related to investigation findings; and
  • Conduct compliance trainings and perform other compliance related function as required.
  • Any other ad hoc duties / projects.

 

Fit & Proper

  • Assess on the Fit & Proper status of New Applicants and existing Distribution Representatives and proceed with the necessary course of action;
  • Obtain and review evidence ensuring that the assessments are well-documented;
  • Revision of SOP, matrices and guidelines;
  • Monitoring of Distribution Representatives with issues;
  • Review of the Annual Declaration Exercise and preparation of the management report;
  • Perform checks on Fit & Proper records and other related issues for business units;
  • Ensure that Distribution Representatives’ outside engagement are of no conflict;
  • Agent Fraud Monitoring;
  • Reporting statistics and relevant information;
  • FAA related advisory (Fit & Proper) to business units; and
  • Any other ad hoc duties / projects.

Job Requirements

Our Requirements

 

  • Degree holder in any discipline, preferably with relevant work experience;
  • Prior experience in investigation with Law Enforcement Agency or Compliance Department / Audit function in the Financial Industry;
  • Good knowledge of MAS and FAA rules and regulations and / or sales experience in the Financial Industry would be an advantage;
  • Proficient in MS office applications;
  • Ability to multi-task and prioritise whilst maintaining standards and accuracy in deliverables;
  • Strong analytical skills, meticulous, self-motivated and a good problem-solver;
  • Good interpersonal, communication and organisational ability;
  • Proficient in report writing and presentation skills; and
  • Team player

 

To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.