Manager, Compliance of Regional Wealth Management (SG)

Define your future at HL Bank Singapore

Functional (job responsibilities)

Assist Head of Compliance, RWM to:

Compliance Assurance

• Implement RWM Compliance framework with constant reviews and updates on regulatory compliance of the department.
• Drive and facilitate a culture of compliance across all business units within the division.
• Ensuring all business units within the department comply with internal policies, guidelines and regulatory requirements
• Develop and provide guidance to all business units in completing self-assessments.
• Implement a plan for checking and/or perform on-site audit on compliance and controls of all business units within the division.
• Able to identify root causes and take appropriate measures to rectify weaknesses immediately.
• Ensure prompt and accurate regulatory reporting required by the department on Compliance.
• Ensure immediate reporting and escalation of non-compliance incidences to Group Compliance i.e., upon detection via CBR.
• Coordinate any regulatory information requests during discussion, meetings and audits.
• Propose/recommend initiatives to revise existing internal processes and/or adopt new processes to comply with new regulatory requirements, where appropriate.
• Build a close working relationship with key stakeholders, e.g., Group Compliance, Wealth Management Operations, Group Risk, Group Compliance, Group Operations & Technology (including Legal), Group Internal Audit, and other business and functional units (where relevant) in the implementation and enforcement of policies and guidelines.
• Establish and share best practices, with reference to competitor benchmarks as appropriate.
• Customize and deliver effective training on risk management, control procedures, and compliance for the department.
• Involvement in any other task related to RWM Compliance as and when required by Management.

Risk & Control Framework Implementation

• Support the effective embedding and operation of the bank's Risk Management framework and control policies within the Wealth Management business unit, per MAS guidelines
• Facilitate and contribute to the execution of the Manager Control Assessment (MCA) / Risk and Control Self-Assessment (RCSA) process, ensuring accurate identification, assessment, and documentation of risks and controls.
• Partner with process owners to design, implement, and validate the effectiveness of controls to mitigate identified risks, ensuring they are embedded into daily operations.
• Track and report on the progress of remediation plans for identified issues and audit findings, ensuring timely resolution.

Managerial (team/group responsibilities)

• Drive department’s compliance with legal and regulatory requirements, as well as internal standards and guidelines.
• Guide, mentor and coach all staff within the division on activities/initiatives to build knowledge and experience in relation to applicable laws, rules, regulations and guidelines.

Organizational (organizational responsibilities) including Strategic

• Assist in demonstrating to Management that the department’s compliance is adequately managed through a robust 1st line of defence.
• Consolidate issues, slides and report preparation on department’s compliance to be shared to Management, as and when required.

About HL Bank Singapore
HL Bank Singapore is the Singapore branch of Hong Leong Bank, a premier regional financial services leader headquartered in Malaysia with a rich heritage of over 120 years. Listed on Bursa Malaysia and a key member of the extensive Hong Leong Group, we operate a robust network of approximately 250 branches across Malaysia, with a strategic regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

As a Full Bank in Singapore, we serve as a vital hub for the Group’s regional ambitions. A cornerstone of this strategy is our sophisticated "advisory-first" wealth proposition through HLB Private Bank and HLB Priority. By combining our deep Asian market roots with a landmark strategic alliance with Swiss private bank Lombard Odier, we provide world-class wealth architecture and bespoke solutions for our clients.

Beyond our wealth focus, we deliver excellence through four core business pillars: Business & Corporate Banking, Personal Financial Services, Private Wealth Management, and Global Markets. This "Integrated Approach" allows our talent to collaborate seamlessly across segments, ensuring we effectively meet the multifaceted needs of high-net-worth individuals, business founders, and corporate enterprises alike.

At HL Bank Singapore, our people are central to our success, and as a recognized Human Capital Partner (HCP) by TAFEP, we are committed to progressive workplace practices and your professional development. We seek digitally inclined, customer-centric performers who thrive in a technology-focused environment, where we empower our teams with AI-enhanced tools and next-generation platforms to lead the industry. As part of a large, diversified conglomerate, we offer unrivaled opportunities to explore new grounds and build a challenging career path within a rapidly expanding regional landscape. Join us to be part of a proven value-creation story and shape the future of your own story at HL Bank Singapore.