- Location
- BOS-SGP, Singapore
- Workplace
- Hybrid
- Type
- Full-time
- Department
- Sales
- Seniority
- VP
- Experience
- 6+ years
- Source
- Workday
Description
Bank of Singapore opens doors to new opportunities.
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!
Business Policies & Procedures Team (“BPP Team”) is responsible for the management of various BOS Global Policies (such as Sales, Suitability, Investor Classification. Pricing, Best Execution, Product Due Diligence, Communications) and BOS Global Front Office Procedures which are critical to the BOS franchise. We work closely with cross-functional stakeholders across the Bank to implement changes to the Bank’s policies and procedures, with focus on FO efficiency, risk mitigation, regulatory compliance, and business enablement.
We are seeking an enthusiastic individual to join our team who will be responsible for implementing, monitoring, and delivering continuous enhancement of the various Business P&P Team policies to ensure these remain in aligned with business strategy and compliant with regulatory requirements.
This role involves engagement with stakeholders across the three lines of defence in managing these policies and related change implementations. You will gain hands on experience in policy development, implementation, governance, risk and controls, policy advisory, and stakeholder engagement. You will work alongside experienced professionals across the Bank and contribute to projects that drive efficiency and business enablement.
Main Duties:
- Lead the implementation, monitoring, and continuous improvement of policies, processes, and tools owned by the BPP Team.
- Manage governance forums related to policy development and implementation, such as the Sales & Advisory Committee and the New Business and Product Approval Committee.
- Monitor legal and regulatory developments, emerging trends, conduct impact assessments, and lead change implementation for affected BPP policies.
- Develop and implement tools, processes, and controls to ensure ongoing compliance with policies.
- Support post-implementation reviews and manage user feedback to assess policy effectiveness and user experience.
- Participate in audits, regulatory inspections, compliance testing, management deep dives, and reviews of past regulatory and audit findings related to BPP policies.
- Collaborate with stakeholders across all three lines of defence, including Compliance, Legal, Group Audit, and Product teams.
Requirements
- Bachelor’s degree
- Minimum 6 years of experience in the private banking industry, preferably with a focus on policy development and implementation related to sales, suitability, pricing, investor classification, regulatory compliance and change, risk and controls, or risk management. Relevant consulting experience will also be considered.
- Self-driven and confident, with the ability to operate independently in a fast-paced, complex, and evolving environment.
- Persuasive and persistent, with a strong focus on execution and delivery.
- Strong analytical and problem-solving skills, with the ability to navigate ambiguity and complexity.
- Excellent communication, influencing, and presentation skills.
- Well-organized, with experience managing senior stakeholders.
- Familiarity in developing AI and data tools will be an advantage.
- Proficient in Microsoft Office applications.