Head of Legal & Compliance

Responsibilities

1. Manage the full spectrum of legal and regulatory risks, including anti-money laundering, for BNI SNG KLN through external legal engagement
2. Advise Branch Management on regulatory risks to enable informed strategic decisions within legal, compliance, AML/CFT, and sanctions risk appetite
3. Deliver practical compliance advice to all Departments and Business Lines to support regulatory adherence
4. Share industry and market best practices with relevant stakeholders to align Branch operations with current standards
5. Establish, implement, and monitor compliance policies and procedures across Departments to ensure adherence
6. Validate policies and procedures of other Departments upon Head Office requests to maintain regulatory consistency
7. Monitor daily compliance activities including MAS reporting, licensing, AML/KYC/CDD/Sanctions, and general compliance duties
8. Engage proactively with internal and external auditors, ABS, and MAS Review Officers to manage Branch expectations and audit outcomes
9. Review products, policies, and procedures across business lines, including Wealth Management, providing regulatory and AML compliance feedback
10. Provide local Singapore regulatory advice to Head Office Projects and New Business Development initiatives
11. Lead and coordinate Monthly Compliance Committee Meetings to drive compliance governance
12. Escalate compliance issues to Branch Management, Head of Global Compliance Advisory, and Head Office Compliance Division for oversight
13. Report breaches or non-compliance incidents to MAS following Branch Management approval
14. Participate in Monthly Global Compliance Advisory Roundtable Meetings to share Singapore KLN compliance status
15. Identify and prioritize resolution of legacy compliance weaknesses or inefficiencies to strengthen controls
16. Supervise and mentor LCD staff to ensure effective daily compliance operations
17. Maintain an efficient LCD headcount aligned with workload analysis to optimize team performance

Qualifications & Experience

1. Bachelor’s Degree in Law, Finance, Business, or related field
2. At least 10–12 years of relevant experience in compliance, legal, or regulatory roles within banking or financial institutions
3. At least 5–8 years of experience managing and developing a compliance team
4. Strong knowledge and experience with MAS regulatory framework, AML/CFT, sanctions, KYC/CDD requirements, and regulatory audits and inspections
5. Ability to translate regulations into practical controls and policies
6. Strong risk assessment and regulatory advisory skills
7. Professional compliance certifications such as CAMS or ICA
8. Legal qualification