Head of Compliance & MLRO

Main Responsibilities · To develop and manage a robust Compliance function in line with the Group Compliance Policy which provides assurance to the Board and senior management. · To develop in co-ordination with other members of senior management an appropriate and integrated framework of Compliance policies, procedures, and standards, to assist with the groupwide development of select Compliance frameworks, programs and standard, and to implement the same for Asia. · To promote a bank wide culture of Compliance centered on awareness and understanding of Compliance risks and responsibilities consistent with expectations of the Board and regulatory authorities and assist with groupwide development of risk and compliance culture programs and training. · To develop in co-ordination with Group Compliance, regulatory and compliance Conduct related program, standards, policies and procedures, and implement in Asia. · To develop in co-ordination with Group Compliance, Regulatory, Governance and Compliance orientation and training programs for Board and Senior Management level staff, and rollout for Asia · To develop and maintain professional and wholistic regulatory relationships with regulatory authorities with jurisdiction over ABC in Asia region which ensures, amongst others, the appropriate level of regulatory supervision and engagement. · To provide Groupwide support on regulatory consultations, interpretation of relevant laws and regulations, regulatory forward-looking trends, and analysis to inform Compliance and Financial Crime Risk Assessments and Plans · To assist and support Group Compliance in enhancing and standardizing Compliance and Risk Assessment Methodologies and Management Information, facilitating the Board and Senior Management in establishing Compliance Risk Appetite, decision making, oversight and management of Compliance Risks · Support Group Compliance in collaborating with relevant businesses (predominantly corporate and institutional) on Compliance and financial crime issues (including overdue CDD) across client and geographic segments and client coverage models. · To ensure and maintain Compliance independence and objectivity. · To be the supervising FATCA Advisor & Compliance Officer for the Branch · To be appointed as local Data Protection Officer (“DPO”) for the Branch with the responsibility to: ensure that the Branch is in compliance with the Personal Data Protection Act (“PDPA”), work with Head Office to implement the framework and policies in relation to data protection, and conduct training for Branch staff on the requirements under the PDPA whenever necessary. Requirement Knowledge - A clear understanding of regulatory compliance and financial crime controls and regulatory expectations in Singapore with focus on corporate and institution business considering the Wholesale Banking licence granting by MAS in Singapore. This includes Singapore PDPA and acting as local DPO. Education / Certifications - At least a bachelor’s degree in a relevant discipline from a well-regarded university with post-graduate professional qualifications preferred Experience - 15 Years’ experience in Compliance, Legal or Risk particularly in Asia Pacific. The experience should include a sound understanding of the Singapore regulatory environment and preferably other key Asian regulatory environments in which the Bank conduct business; a specialist expertise in relation to the design and delivery of Compliance products and advice; a good track record of stakeholder management (both internal, auditors and regulators) and coordination towards the achievement of project deliveries. Personal attributes - Mature, experience and self-starter working with teams in diverse locations, culturally sensitive, good communication skills.