RHB Singapore is a progressive and growing financial organization. We are committed to creating a fulfilling, dynamic and engaging work environment for our team of more than 15,000 employees across nine locations in ASEAN and China.

Assist the Heads of Wholesale & Investment Banking businesses on the following:-

• Cultivating a risk and compliance culture across these businesses
• Review these businesses’ processes against relevant requirements
• Ensure controls are in place to meet the requirements
• Ensure all staff within these businesses are trained in relation to applicable rules and procedures in their respective specialized area to ensure compliance to AML/CFT requirements and Regulatory Compliance matters
• Ensure Obligations Register declarations or sign-offs are timely
• Escalation of any regulatory breaches or other reportable incidents are made timely to Compliance and the relevant departments
• Identifying, investigating, handling and resolving AML/CFT and regulatory non- compliances breaches.
• Assist in closing out any audit issues raised by Group Internal Audit for any departments under these businesses and put in place action plans to ensure no recurrence of such findings.
• Provide management oversight over these businesses’ process/controls supporting regulatory compliance (MAS / BNM) and AML/CFT standards of the bank.
• Being conversant and keeping updates on relevant laws and regulations as required by this role

Regulatory Compliance

• Establish an effective partnership with the Group Compliance towards managing these businesses’ regulatory compliance risks to be in line with the Group’s Business objectives.
• Advisory to all these businesses on regulatory compliance risk mitigation measures within operations to ensure no non-compliance breaches or non-recurrence of compliance breaches.
• Implement controls to ensure adherence to MAS & BNM regulations & requirements. E.g. AML/CFT, outsourcing guidance, Securities Futures Act
• Follow-up on findings (whether regulatory, audit or review related) in these businesses and ensure that they are satisfactorily resolved and Operating Manuals or processes have been revised.
• Proactive in assisting these businesses in closing all audit issues and formulate plan(s) to ensure no recurrence of such issues.
• Perform gap analysis on new or updated requirements and check that sound controls are in place

Compliance Awareness Training

• Develop & provide training on Regulatory Compliance awareness to all levels of staff to promote an effective risk & compliance culture across these businesses.

Audit Issues by Group Internal Audit/External Auditors

• Proactive in assisting relevant departments within these businesses in closing all audit issues and to formulate plan to ensure no recurrence of such issues.

Formal Education:

• Degree education with minimum 10 years of Banking/FI experience

Preferred level of Experience (by years/function/industry):

• Minimum of 10 years’ compliance experience 

Other skills required:

• Excellent interpersonal skills
• Excellent analytical, oral and written skills.
• Ability to provide advisory/guidance to senior management

RHB is a dynamic organization that promotes a work culture of high performance, where its biggest asset, the RHB-ians, are continuously developed & nurtured to their fullest potential through its robust talent management practices.

At RHB, we take PRIDE in our people and our teams. Great relationships built on trust, a ‘leading it right’ environment, challenging assignments and a culture of excellence are the pillars to the dynamic and diversified workplace we call home.