Loading...
 
Share this Job

AVP, Financial Crime Compliance

Location: 

Singapore, SG

Job Function:  Legal & Compliance
Job Type:  Permanent
Req ID:  11503

 

Legal and Compliance Department

 

The Legal and Compliance Department (LCD) manages the legal and regulatory compliance risks, and partners with the business to ensure that legal and regulatory issues and risks are identified, assessed and dealt with in a timely and efficient manner.

 

We are looking for a highly motivated, high calibre candidate to join our Financial Crime Compliance (FCC) team as an Assistant Vice President.

 

Responsibilities

 

Advisory 

  • Advise on GIC’s FCC Framework, which covers anti-bribery and corruption, AML/CFT and sanctions compliance, and pre-empt, identify and escalate risk and control issues/gaps and propose robust and pragmatic solutions to address them.
  • Conduct periodic policy and process reviews/enhancements and consultation with stakeholders, and present proposed policy changes to GIC’s Group Executive Committee and/or Group Risk Committee.
  • Monitor global developments in FCC laws and regulations, in particular, sanctions regimes administered by the UN and other major jurisdictions (e.g. US, UK, EU and China).
  • Advise on how the applicable FCC laws and regulations and sanctions regimes apply to and impact GIC’s investment and operational activities, and how the corresponding policies and controls should be implemented.
  • Represent Compliance on GIC’s Reputational Risk Working Group and Sustainability Working Group, and advise on the applicable reputational, regulatory and compliance issues that are highlighted to these fora.
  • Conduct face-to-face training for stakeholders, and implement eLearning for selected topics. 

 

Controls Implementation 

  • Review and process FCC due diligence requests submitted by stakeholders.
  • Perform FCC monitoring and review of alerts using the Dow Jones system.
  • Perform communications surveillance on FCC risk scenarios and general compliance scenarios.
  • Manage the conduct management process if any policy violations are identified.
  • Support system enhancements for the implementation of robust and effective controls.

 

Other Responsibilities

  • Support the Compliance Division by providing advice on other general Compliance policies, which includes conflicts of interest, gifts & entertainment, external appointments/activities and record retention.
  • Review staff declarations and perform monitoring on conflicts of interest, gift & entertainment, external appointments and other Compliance topics.

 

 

Requirements

 

  • Preferably 5 to 8 years’ experience in Compliance and in reviewing/interpreting laws and regulations, with majority of the experience in the FCC function. 
  • Strong working knowledge of financial products, securities trading in public markets and/or investments in private markets.
  • Strong analytical skills and clear thought process abilities.
  • Meticulous with a keen eye for detail (e.g. need to review lengthy due diligence reports, sometimes running into hundreds of pages, and memos by external legal counsels) to identify, investigate and address FCC and general compliance risks.
  • Effective and clear verbal and written communication skills, including communicating effectively with internal and external stakeholders (e.g. investment professionals, external legal counsels) of varying levels of seniority.
  • Confident, driven, proactive, able to work independently and being a strong team player at the same time.

Our PRIME Values

Our PRIME Values

GIC is a values driven organization. GIC’s PRIME Values act as our compass, enabling us to fulfil our fundamental purpose and objectives. It is the foundational bedrock which governs our behaviors, our decision making, and our focus. It informs both our long-term strategy as a firm, and the way we relate to our Client, business partners and employees. PRIME stands for Prudence, Respect, Integrity, Merit and Excellence.