Manager Compliance of Regional Wealth Management

**Define your future at HL Bank Singapore** Functional _**(job responsibilities)**_ --------------------------------------- Assist Head of Compliance, RWM to: ---------------------------------- Compliance Assurance * Implement RWM Compliance framework with constant reviews and updates on regulatory compliance of the department. * Drive and facilitate a culture of compliance across all business units within the division. * Ensuring all business units within the department comply with internal policies, guidelines and regulatory requirements * Develop and provide guidance to all business units in completing self-assessments. * Implement a plan for checking and/or perform on-site audit on compliance and controls of all business units within the division. * Able to identify root causes and take appropriate measures to rectify weaknesses immediately. * Ensure prompt and accurate regulatory reporting required by the department on Compliance. * Ensure immediate reporting and escalation of non-compliance incidences to Group Compliance i.e., upon detection via CBR. * Coordinate any regulatory information requests during discussion, meetings and audits. * Propose/recommend initiatives to revise existing internal processes and/or adopt new processes to comply with new regulatory requirements, where appropriate. * Build a close working relationship with key stakeholders, e.g., Group Compliance, Wealth Management Operations, Group Risk, Group Compliance, Group Operations & Technology (including Legal), Group Internal Audit, and other business and functional units (where relevant) in the implementation and enforcement of policies and guidelines. * Establish and share best practices, with reference to competitor benchmarks as appropriate. * Customize and deliver effective training on risk management, control procedures, and compliance for the department. * Involvement in any other task related to RWM Compliance as and when required by Management. Risk & Control Framework Implementation * Support the effective embedding and operation of the bank's Risk Management framework and control policies within the Wealth Management business unit, per MAS guidelines * Facilitate and contribute to the execution of the Manager Control Assessment (MCA) / Risk and Control Self-Assessment (RCSA) process, ensuring accurate identification, assessment, and documentation of risks and controls. * Partner with process owners to design, implement, and validate the effectiveness of controls to mitigate identified risks, ensuring they are embedded into daily operations. * Track and report on the progress of remediation plans for identified issues and audit findings, ensuring timely resolution. **Managerial** _(team/group responsibilities)_ * Drive department’s compliance with legal and regulatory requirements, as well as internal standards and guidelines. * Guide, mentor and coach all staff within the division on activities/initiatives to build knowledge and experience in relation to applicable laws, rules, regulations and guidelines. **Organizational** _(organizational responsibilities) including Strategic_ * Assist in demonstrating to Management that the department’s compliance is adequately managed through a robust 1st line of defence. * Consolidate issues, slides and report preparation on department’s compliance to be shared to Management, as and when required. _About HL Bank Singapore HL Bank Singapore is the Singapore branch of Hong Leong Bank, a premier regional financial services leader headquartered in Malaysia with a rich heritage of over 120 years. Listed on Bursa Malaysia and a key member of the extensive Hong Leong Group, we operate a robust network of approximately 250 branches across Malaysia, with a strategic regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China. As a Full Bank in Singapore, we serve as a vital hub for the Group’s regional ambitions. A cornerstone of this strategy is our sophisticated "advisory-first" wealth proposition through **HLB Private Bank and HLB Priority**. By combining our deep Asian market roots with a landmark strategic alliance with Swiss private bank Lombard Odier, we provide world-class wealth architecture and bespoke solutions for our clients. Beyond our wealth focus, we deliver excellence through four core business pillars: **Business & Corporate Banking, Personal Financial Services, Private Wealth Management, and Global Markets**. This "Integrated Approach" allows our talent to collaborate seamlessly across segments, ensuring we effectively meet the multifaceted needs of high-net-worth individuals, business founders, and corporate enterprises alike. At HL Bank Singapore, our people are central to our success, and as a recognized Human Capital Partner (HCP) by TAFEP, we are committed to progressive workplace practices and your professional development. We seek digitally inclined, customer-centric performers who thrive in a technology-focused environment, where we empower our teams with AI-enhanced tools and next-generation platforms to lead the industry. As part of a large, diversified conglomerate, we offer unrivaled opportunities to explore new grounds and build a challenging career path within a rapidly expanding regional landscape. Join us to be part of a proven value-creation story and shape the future of your own story at HL Bank Singapore._