Compliance Officer

Company Overview

Bank of China Asset Management (Singapore) Pte Ltd is a wholly owned subsidiary of Bank of China Investment Management. Located in Singapore, we deliver innovative asset management solutions across equities, fixed income, and alternative investments for institutional and individual clients.

Job Summary

The Compliance Officer manages compliance activities across all business areas, ensuring adherence to regulatory requirements, conducting investigations, supporting new initiatives, and providing guidance to business units to uphold governance and risk standards.

Responsibilities

• Serve as the primary liaison with MAS and other regulatory authorities to clarify and resolve compliance issues promptly.
• Investigate suspicious transactions, handle regulatory notifications, and oversee resolution processes.
• Prepare and submit regular compliance reports to MAS and internal stakeholders, maintaining the Representative Notification Framework (RNF).
• Monitor regulatory changes, assess their impact on internal processes, and implement necessary compliance enhancements.
• Conduct periodic reviews and updates of compliance policies and manuals to ensure relevance and adequacy.
• Assess compliance risks for new business initiatives and provide risk mitigation advice.
• Coordinate and support internal and external audits and regulatory inspections.
• Review marketing materials, including prospectuses, to ensure regulatory compliance before dissemination and lodgement.
• Develop and deliver compliance and regulatory training programs for all staff.
• Act as Money Laundering Reporting Officer (MLRO), reviewing Customer Due Diligence (CDD) and Know-Your-Customer (KYC) assessments for client onboarding and periodic reviews.
• Review Enterprise Risk Management (ERM) assessments and report findings to stakeholders.
• Perform periodic coding analysis in the trading system to verify effectiveness of rules and constraints.
• Monitor and address pre- and post-trade alerts to ensure sufficient trading controls.
• Enhance controls and processes to maintain compliance with investment restrictions.
• Execute additional compliance tasks as assigned by the supervisor.

Required competencies and certifications

• Bachelor's degree or higher in Law or a relevant field.
• Minimum 5 years of compliance experience in asset management or financial intermediaries.
• Strong knowledge of local regulatory requirements and recent developments.
• Proficient in Bloomberg, CMGR, and Microsoft Excel.
• Excellent English communication skills, both written and verbal.
• Demonstrated initiative and commitment to meeting deadlines.
• Strong organisational, prioritisation, and time management skills.
• Ability to work effectively under pressure and meet tight deadlines.

Preferred competencies and qualifications

• Knowledge of the investment industry and international financial markets, preferably with audit, legal, or compliance background.
• Proficiency in Mandarin and French is advantageous.