Regulatory Advisory Generalist - Assistant Manager / Manager

About the role

PwC's Risk Services practice offers independent assurance and insight to help clients manage, mitigate and control risks, from cybersecurity breaches to supply-chain disruptions. This Regulatory Risk and Compliance role sits within the Assurance line of service and works with financial services clients such as banks, payments and Fintech firms on audit, regulatory, listing, private placement and corporate change matters. It is a fast-paced, team-based position.

Key responsibilities

• Provide regulatory advice to financial services clients on risk, regulation and compliance, including remittance, merchant acquisition and money-changing.
• Carry out compliance reviews and internal audits, and recommend process improvements and controls.
• Advise on licensing, regulatory reporting, compliance frameworks and operationalising regulatory change.
• Support financial services audit engagements on regulatory and compliance reporting.
• Help build the Compliance Outsourcing Services and work with a strategic alliance partner on new services or products, such as regulatory technology platforms.
• Work on business development and new market opportunities, and manage stakeholder relationships, including sharing scope, findings and industry updates.

Required profile

• At least 2 years of banking regulatory or external audit experience in a Big 4 firm, regulator or financial institution; previous regulator experience highly preferred.
• Good understanding of the banks, payments and Fintech landscape.
• Experience in local MAS regulatory requirements preferred (Banking Act, Payments Act, Individual Accountability and Conduct, Securities and Futures Act, Financial Advisers Act).
• Experience in internal audits or internal control reviews.
• Degree required; certifications not specified.
• Willingness to obtain government clearance and availability for work visa sponsorship.

Required skills

• Anti-money laundering compliance and anti-bribery awareness.
• Compliance auditing, compliance review and compliance risk assessment.
• Analytical thinking, attention to detail and ability to handle multiple projects with tight deadlines.