Compliance Director-Singapore recruitment
BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions -- from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
Responsibilities:-
- Manage the local Compliance department, with the objective of delivering the required tasks as to align with business expansion and compliance goals.
- Develop robust and timely Compliance risk reporting to enable sound decisions by the business functions and local management.
- Lead positively in the management of relationships with all regulatory bodies in Singapore
- Keep abreast of current developments and trends in regulatory and market of the local jurisdiction or markets covered by the Singapore office.
- Ability to deliver sound and timely advice to business units that lead to pragmatic, commercially viable solutions.
- Act proactively to ensure Compliance risk management is up-to-date and meets the needs of a dynamic market environment.
- Collaborate effectively across functions and jurisdictions on initiatives, projects or individual transactions in order to ensure compliance issues are identified timely.
- Undertake risk-based compliance monitoring or perform special monitoring reviews as agreed from time to time with specific business areas, including the identification and reporting of potential regulatory issues.
- Review and approve marketing materials produced by the local business units through appropriate procedures.
- Prepare and submit licensing forms, update CPT record and other related matters.
- Provide training to staff on topics including induction, anti-money laundering and other ad hoc compliance topics
- Assist the preparation of relevant reports to Group Compliance and management as required.
- Provide continuous motivation and development of team including objective setting, timely performance review. Develop staff's talent by assessing the right type of training, personal plans for all staff and succession planning to drive performance management
Skills
- University graduate in Business, Accounting or related discipline.
- 10-12 years of compliance, auditing or legal experience with international investment managers or financial services corporations. Regulatory experience advantageous.
- Knowledge in fixed income products, dealing and fund investment activities.
- Good understanding of MAS regulations, codes and guidelines applicable to the asset management industry.
- Highly disciplined and energetic with positive work attitude.
- Work well under pressure and able to meet tight deadlines.
- Good leadership skills.
- Strong communications and interpersonal skills. Able to work with people at all levels.
- Good command of written and spoken English and Chinese.
- Occasional travel to overseas offices is required