Position Specialist, Business Compliance, Consumer Banking

Position Specialist, Business Compliance, Consumer Banking

DBS Bank Ltd
4 - 7 Years
Not Specified

Job Description

Job Description :
Business Function
Group Legal, Compliance %26amp; Secretariat ensures that the bank%27s interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.
Job Description:

  • To ensure BU%27s/SU%27s correct understanding of laws, regulations and bank%27s compliance standards via briefings, training, socialization and other means of communication
  • To monitor the issuance of the new regulation and has to disseminate within the time frame
  • If there is a new regulation that impacted to the managing unit, you should identify and address compliance gaps to ensure the unit can implement the regulation properly and timely, also ensure to insert the new regulation into KOR
  • To disseminate the incoming letter from various regulators
  • Perform periodic compliance monitoring review on selected regulatory reporting to ensure compliance to regulatory requirements (conducting KOR testing)
  • To review bank%27s policies and standards for ensuring compliance to prevailing regulations
  • To assist Compliance Director in dealings with regulators on regulatory matters, including seeking clarifications on issues where needed
  • To provide advice on agreements, contracts, business transactions and new initiatives
  • To provide advise to BU%27s/SU%27s to resolve any audit findings pointed our by BI during their annual audit. Subsequently, to perform monitoring on the agreed BU%27s/SU%27s action plans to resolve the audit findings
  • To conduct training and prepare the necessary presentation
  • To prepare and administrate various presentation for local management/committee reporting purposes
  • From time to time conduct any assignment as required by the company

Experience :
  • Working experiences in banking industry %26amp; specializing in retail banking
  • Have 4 years working experiences

About DBS Bank Ltd

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