AVP/ VP, Compliance

Maybank Securities is a leading brokerage house and investment bank in ASEAN. Maybank Securities provides services in corporate finance, debt markets, equity capital markets, derivatives, retail and institutional securities broking and research.

Key Responsibilities

• Support the Head of Compliance in addressing regulatory requirements across various aspects of the business and operations
• Conduct compliance monitoring and review activities, including the use of compliance checklists and testing programmes, to assess adherence to regulatory requirements, internal policies and procedures
• Perform scheduled and ad hoc compliance reviews to identify regulatory risks and assess compliance with applicable laws, regulations and internal standards
• Provide regulatory compliance advisory support to Lines of Business on regulatory matters, financial crime compliance matters and new business initiatives
• Work closely with Lines of Business in identifying and mitigating compliance risks through the implementation and enhancement of compliance controls and procedures
• Support the implementation and maintenance of the firm's Financial Crime Compliance ("FCC") framework, including Anti-Money Laundering ("AML"), Countering the Financing of Terrorism ("CFT"), sanctions, anti-bribery and corruption, and fraud risk management requirements
• Conduct AML/CFT and sanctions-related reviews, including customer due diligence, enhanced due diligence, periodic reviews, name screening, transaction monitoring and suspicious transaction reporting processes
• Perform reviews of customer onboarding documentation and due diligence records to ensure compliance with regulatory and internal requirements
• Support the administration of staff account dealing and personal account trading controls, including pre-clearance reviews, monitoring of trading activities and reporting of exceptions
• Support Control Room activities, including maintenance of watch lists and restricted lists, administration of wall-crossing procedures, information barrier controls and conflict of interest processes
• Review and assess potential conflicts of interest and provide guidance on appropriate mitigating controls
• Monitor regulatory developments and analyse new or amended laws, regulations, guidelines and industry practices, and communicate relevant changes to the applicable Lines of Business
• Follow up on the implementation of procedural or system enhancements required to address new or amended regulatory requirements
• Review product-related training, client communications, marketing and promotional materials to ensure compliance with applicable regulatory requirements
• Act as a point of contact for regulatory authorities, external auditors and internal stakeholders in relation to inspections, information requests, surveys, thematic reviews and other compliance-related matters
• Support regulatory inspections, audits and reviews, including the coordination of information requests, preparation of responses and tracking of remediation actions
• Prepare compliance reports, management updates, regulatory submissions and other compliance-related documentation
• Support governance committees and forums through the preparation of compliance updates, reports, meeting materials and follow-up actions
• Deliver and facilitate compliance, regulatory and financial crime compliance training and awareness programmes
• Participate in Group compliance, governance and financial crime compliance initiatives and projects
• Investigate compliance incidents, breaches and regulatory matters, and support the implementation of remedial actions where required
• Provide practical and solution-oriented recommendations to address regulatory requirements while supporting business objectives

Requirements

• Bachelor's degree of business relevance or higher
• At least 8 years of compliance or audit experience in similar capacity in the financial industry, preferably within a capital markets environment
• Good working knowledge of the Securities and Futures Act ("SFA"), Financial Advisers Act ("FAA"), MAS regulations, notices and guidelines, SGX rules and other relevant regulatory requirements
• Good working knowledge of MAS AML/CFT Notices and Guidelines, sanctions requirements, PDPA and IRAS regulations relating to FATCA and Common Reporting Standard ("CRS")
• Strong analytical, interpersonal and communication skills, with the ability to engage effectively with business and support functions
• Meticulous, proactive and able to work independently while managing multiple priorities in a dynamic environment

We regret that only shortlisted candidates will be notified.