Chief Operating Officer / Executive Director

About the role

A Singapore-incorporated financial services firm applying to the Monetary Authority of Singapore for a Capital Markets Services Licence is seeking an experienced COO / Executive Director to join its senior management team and Board of Directors. The role works closely with the Chief Executive Officer to oversee day-to-day operations, governance, risk management and the execution of the business strategy.

Key responsibilities

• Oversee day-to-day operations and ensure effective execution of the business strategy and operating model
• Establish and maintain operational processes, controls, policies and procedures
• Ensure operational readiness and ongoing compliance with MAS requirements, internal policies and licence conditions
• Work with Legal, Compliance and Risk to identify, assess and manage regulatory, operational and conduct risks
• Prepare and present operational, risk and management updates to the Board

Required profile

• Significant senior management experience in financial services, capital markets, brokerage, derivatives, foreign exchange, fintech or another regulated financial institution
• Ability to work with regulators, Board members, senior management and external service providers, and to meet the MAS Fit and Proper criteria (honesty, integrity and reputation; competence and capability; financial soundness)

Required skills

• Strong understanding of front-to-back financial markets operations and control frameworks
• Good knowledge of corporate governance, compliance, AML/CFT, outsourcing, technology risk and internal controls
• Strong leadership, organisational and decision-making capabilities, with strong written and verbal communication

What we offer

• A full-time executive management and Board-level role as Executive Director
• Direct responsibility for effective, efficient and compliant operations
• The chance to work closely with the CEO and senior management on strategic planning, budgeting, resource allocation and organisational development