Financial Crime Compliance Officer, QA and Testing

About the role

Financial Crime QA and Testing is part of the Compliance Division of Julius Baer and supports the Senior Management in ensuring compliance with external and internal regulations, managing operational, regulatory and reputational risks. The Compliance Officer, QA and Testing performs second line of defence (2LoD) monitoring and surveillance controls for the bank, supporting the Head, QA and Testing and the Head, Compliance Singapore in implementing controls under the Global Compliance Program and strengthening the first line of defence.

Key responsibilities

• Support the Head, Compliance Singapore in ensuring compliance with local regulations and internal policies, and support the Head, QA and Testing on regulatory issues, trends and emerging risks.
• Drive the Head Office 2LoD holistic monitoring programme in line with global standards and build close relationships with stakeholders in Head Office and other locations (e.g. Hong Kong).
• Facilitate the rollout of risk culture initiatives and HR's disciplinary and escalation framework.
• Develop and run 2LoD controls within the agreed timeframe, document them and escalate findings to senior management.
• Take part in strategic roadmap projects and coordinate Head Office initiatives.
• Build the QA and Testing framework, including annual plans, risk assessments, test scripts, procedures and sampling methods.
• Prepare and review root cause analysis and systemic finding reports, track closure of findings, investigate issues and coordinate escalations to the disciplinary committee.
• Assist with ad-hoc compliance and regulatory inspection updates and reporting.

Required profile

• Degree qualified with more than 5 years of compliance testing, quality assurance or audit experience.
• Good knowledge of the regulatory environment and risk management, and experience interacting with regulators and auditors.
• Experience in a similar role preferred.
• Knowledge of business, processes, standards, policies and procedures in private banking.

Required skills

• Meticulous, detail-oriented and analytical, able to work independently and in a team.
• Strong organisational skills, able to multi-task and meet tight deadlines.
• Excellent verbal and written communication, with clear presentation and reporting skills.