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.

AVP/ VP, Compliance

AVP/VP Compliance Monitoring & Surveillance