Regulatory Compliance (IT) Specialist

About the role

The NETS Group, a payments services group operating Singapore's national debit scheme, is hiring a Regulatory Compliance (IT) Specialist in Braddell. The role ensures the company's adherence to all relevant compliance regulations and acts as compliance advisor to various departments, working with them to meet applicable regulations while achieving the organisation's goals.

Key responsibilities

• Ensure compliance with applicable laws, rules and regulations, applying sound ethical judgment to business practices and conduct.
• Work with business units to identify and manage regulatory risk, including handling incident reporting to the authority.
• Assess risk when business decisions are made, considering the company's reputation and key stakeholders' interests.
• Draft and implement organisational policies, standards and procedures to comply with regulations.
• Develop, implement and run compliance testing, continuous assurance and reporting of compliance testing reviews.
• Conduct training on control requirements in IT standards and industry good practices.
• Manage regulatory requests, prepare responses and inform senior management of significant compliance matters.
• Manage monthly compliance reporting to Senior Management and the Board.
• Drive ad hoc regulatory projects, engaging business stakeholders for successful implementation.

Required profile

• Degree in Computer Science, Information Technology, Information Security, Economics, Accounting or a related discipline.
• At least 5 years of compliance experience in a regulated financial industry.

Required skills

• Strong analytical skills with keen attention to detail.
• Problem-solving skills and ability to prioritise and manage multiple tasks.
• Team player with strong interpersonal and communication skills.
• Strong documentation and report writing skills.
• Self-driven, able to work independently.