Private Bank - Divisional Risk & Control Officer, AVP

About the role

The Private Bank (PB) Emerging Markets Divisional Control Office (DCO) team sits within the PB first line of defence and coordinates risk and control advisory, interpretation of new regulations and regulatory consultation papers, operational and reputational risk, and key risk and control projects. The role is based in Singapore, reports to the PB EM Regulatory Affairs Head and covers regulatory affairs, including the interpretation of new regulations and the impact of regulatory changes on the business.

Key responsibilities

• Maintain an up-to-date regulatory pipeline for the PB business in emerging markets by coordinating with regional stakeholders on applicability assessments.
• Support the creation of high-level interpretations through brief overviews and compile regular updates on consultation papers, regulatory circulars and best practice guidance papers.
• Support impact analysis of regulations through interpretation and impact assessment documents covering regulatory requirements and their effect on the business model and processes.
• Assess the relevance of regulatory developments, including the extra-territorial impact of global regulations on emerging markets, with regional and global stakeholders.
• Prepare status updates on regulations and regulatory projects for regulatory affairs governance forums.
• Support wider DCO activities such as monitoring and quality assurance of risk and controls (including reputational risk), scenario analysis, risk and control assessments and key risk and control reviews and projects.

Required profile

• University graduate with around 4 years of relevant wealth management/private banking experience in operational risk, compliance, regulatory assessments, risk and controls or a comparable internal control function.
• At least 3-4 years of experience in regulatory analysis and/or change management related to regulations.
• Experience in risk and control functions with exposure to non-financial risk elements.
• Outgoing team player with good communication skills and proven ability to use AI tools productively and ethically.

Required skills

• Reports and presentations in MS Office, particularly PowerPoint and Excel.
• Analytical skills, multitasking and prioritisation.
• Good knowledge of regulatory analysis and change management.

What we offer

• Flexible benefits plan including virtual doctor consultation services.
• Comprehensive leave benefits, gender neutral parental leave and 25 days of annual paid leave plus public holiday.
• Hybrid working arrangements and a culture of continuous learning.