Compliance Manager

Job Description

As a regulated MAS CMI, BESPL needs an independent compliance department to help supervise the licensee as part of the licensing conditions.

The compliance manager reports to the Director Operations and the Board of Directors, BESPL on all findings of infringements and to recommend actions to be taken against offenders.

Job Responsibilities
A. Function – Specific Activity
  • Updated and monitored compliance of Capital Markets License requirements and MAS regulation (e.g. AML, Outsourcing, conflict of interest, etc) to ensure adherence.
  • Compliance ongoing monitoring checks and identified risks and implemented solutions to improve internal controls.
  • Maintain and update of policies, procedures and practices, as well as compliance register (e.g. PEP, representative, etc) to ensure compliance with all laws and regulations
  • Due diligence screening for new client on-boarding and ongoing monitoring.
  • Complete and submit regulatory returns or application (e.g. surveys, representative notification, director’s application, changes in personal details for director, representative, etc)
  • Risk assessment and maintain and update the risk register.
  • Provide advice on compliance related issues and updates
  • Incident reporting and investigation
  • Design, develop and implement the personal data framework
  • Periodic updates to management on compliance matters


B. People Management Activity
  • Liaise with Regulators
  • Liaise with Internal and External Auditors
  • Liaise with Account Executive of Boardroom Limited Finance
  • Liaise with legal counsel Boardroom Limited
  • Minimum 3 to 5 years of relevant experience within the CMI/Brokerage/Financial Services/Investment Industry
  • Experience in the Financial Advisory or Securities or Derivatives industry
  • Knowledge of key applicable regulations such as SFA, FAA, AML/CFT, FATCA, CRS, OFAC
  • Experience in background check such as AML/CFT screening, KYC/CDD applications
  • Experience in performing Risk Assessment
  • Knowledge of Microsoft Office such as Excel, Word and Powerpoint
  • Exceptional creative thinking
  • Problem-solving player
  • Good Communication Skills
  • Determination and Persistence