Compliance & Finance Executive - TOSS-EX PTE. LTD.

Roles & Responsibilities

Job Description & Requirements

1. Back-up for the Head, Compliance in his absence.

2. Perform the role of Deputy Anti-Money Laundering Compliance

Officer in the latter’s absence.

3. Review and check customer due diligence measures (for both

onboarding and periodic review) performed by respective business

units in relation to Anti-Money Laundering and Combating Financing

of Terrorism (CDD) for the entire portfolio of the Branch arising

primarily from corporate banking and secondarily from deposit

collection, global financial institutions, trade finance and treasury

investment.

4. Conduct training programmes on AML / CFT.

5. Handle the day-to-day spectrum of compliance activities and guide

colleagues (if necessary) to ensure full compliance with, amongst

others, the requirements of the Monetary Authority of Singapore

(“MAS”) Act, Banking Act, Securities and Futures Act and Financial

Advisers Act.

6. Manage day-to-day transactions escalation from Business and

ensuring timely disposition of the alerts.

7. Disseminate regulatory guidelines, regulatory correspondence

(including surveys and questionnaires) creating actionable and

ensuring timely implementation of actionable.

8. Vetting of all Branch policies / manuals / new products / change

management requests and operational procedures from

Compliance perspective and provide sign-off to respective

departments.

9. Implementation of compliance and AML related

projects / software / systems for Singapore Branch.

10. Assist the Head, Compliance to handle offsite and onsite

inspection by the MAS and co-ordinate responses to all queries and

matters raised by the MAS.

11. Track completion progress and status of management issues

raised by statutory and internal auditors and inspectors from the

MAS.

12. Compliance testing on adherence of regulations based on bank-

wide compliance testing programme.

13. Handle all outsourcing activities, ensuring compliance with notices

and guidelines issued by MAS, including confidentiality

requirements, on-going monitoring and control and on-site review.

14. Ensure timely submission of returns / reports to ICC.

15. Implement EGRC framework for assessing compliance risk of the

Branch.

16. Managing monthly closing of books of accounts of Singapore

branch with a balance sheet ensuring compliance with GAAP and

IFRS / SFRS

17.Ensuring timely and accurate submission of Monetary

Authority of Singapore (MAS) regulatory returns required for

banks operating in Singapore.

18.Ensuring compliance with local tax regulations like GST, WHT,

and managing the submission of annual corporate tax returns.

19.Overseeing daily compliance with key risk parameters and

generating daily management reports for decision making.

20. Any other work as specified by Head of Compliance

Tell employers what skills you have

Treasury

Due Diligence

Compliance Testing

Assessing

Outsourcing

Vetting

Tax

Corporate Tax

Books

Securities

Trade Finance

GAAP

AML

Disposition

Decision Making

Surveys