Associate/AVP, Financial Crime Compliance (Contract)

GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 locations around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.

Legal and Compliance Department

We govern, structure, negotiate and execute the largest and most complex deals globally, across all asset classes.

Compliance
You will gate-keep and escalate material regulatory, compliance, reputational risks and incidents to the GIC Board and senior management. You will help to monitor the constantly evolving regulatory landscape to advise our stakeholders of the potential implications and to implement the requisite controls. You will also promote and reinforce staff awareness of the applicable regulatory and compliance policies and procedures.

What impact can you make in this role?

You will be part of a team that manages the legal, regulatory, compliance, and reputational risks of GIC. 

We are looking for a highly motivated, high calibre candidate to join us as an Associate/Assistant Vice President, Financial Crime Compliance for a 1 year contract. 

What will you do as an Associate/AVP, Financial Crime Compliance (Contract)?

• Advise on GIC’s Financial Crimes Compliance (“FCC”) Framework, which covers (i) Anti-bribery and corruption, (ii) Anti-money laundering and counter terrorist financing, and (iii) sanctions compliance, and work with stakeholders to pre-empt, identify and escalate risk and control issues/gaps and propose robust and pragmatic solutions to address them
• 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) and where required, update stakeholders of these developments and their corresponding impact on GIC’s investment/trading and operational activities

• Review and approve FCC due diligence requests submitted by stakeholders as part of new and refresh submissions
• Perform FCC ongoing monitoring, including review of name screening alerts triggered by the Dow Jones system
• Perform communications surveillance on FCC-related risk scenarios
• Support FCC system changes and work closely with Technology Group to identify and resolve any system issues, including to perform UAT testing before the fixes/enhancements are deployed
• Design and prepare FCC training materials and conduct face-to-face FCC training for stakeholders

What qualifications or skills should you possess in this role? 

• 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

Work at the Point of Impact
We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact. 

Flexibility at GIC
At GIC, our offices are vibrant hubs for ideation, professional growth, and interpersonal connection.  At the same time, we believe that flexibility allows us to do our best work and be our best selves.  Thus, our teams come into the office four days per week to harness the benefits of in-person collaboration, but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.

GIC is an equal opportunity employer 
As an employer, we passionately believe every individual brings with them unique diversity of thought and perspectives to meaningfully enrich perspectives of GIC teams to drive competitive performance. An inclusive environment yields exceptional contribution.

Learn more about our Legal & Compliance Department here:

https://gic.careers/group/legal-compliance/