Periodic Review Compliance Officer (12 Mths Contract, Renewable Base On Bau)

GENERAL DESCRIPTION The CRO division develops and oversees the global framework for risk identification, control, reporting, and management within the risk tolerance for the various business activities for the bank, aiming at sustainable growth of the franchise. As a member of the CRO division, the incumbent is expected to abide by relevant principles and expectations as specified in the CRO Business Organisation Manual. Compliance is part of the Risk, Legal and Compliance Division of the bank and supports the Senior Management in ensuring compliance with external and internal regulations to actively manage operational, regulatory and reputational risks. The Periodic Review Compliance Office r (“PR CO”) will be responsible for Compliance Singapore’s review and approval of all High and Highest existing client relationships, portfolios and accounts booked in the bank. We are hiring for a top tier Private Bank. Work location: CBD KEY FEATURES OF THE POSITION • Support the CRO and Senior Management of BJBS Branch in ensuring compliance with external and internal regulations in the areas mentioned above and actively manage operational, regulatory and reputational risks. • Part of the Periodic Review team of Compliance Officers supporting the bank Branch. • Build strong relationships with key stakeholders such as the bank Front Office, Client Documentation Services (CDS), KYC/AML Onboarding, AML Investigations and Risk Management teams. • Support Head of AML/KYC Singapore and the Head of Periodic Review in the management of Compliance’s review of existing client relationships, portfolios and accounts booked in BJBS, as well as the review of new/incremental KYC/CDD risk identified during the duration of the client’s relationship with the bank. • Collaborate and guide local and overseas Relationship Managers (i.e. Hong Kong, Thailand and Dubai) in their periodic review submissions, including KYC profile changes, account structure changes and newly identified adverse news…