Regulatory Monitoring & Testing (Contract)

This role offers you the opportunity to play a pivotal part in upholding high compliance standards, strengthening processes, and mitigating risks across the organisation. You will be instrumental in designing and maintaining quality assurance frameworks, conducting independent reviews, and enhancing control testing methodologies. The position provides exposure to key Singapore regulations, advanced data analytics techniques, and collaborative work with business units and risk partners.

What you'll do:

As a Regulatory Monitoring and Testing Specialist, you will be responsible for supporting the regulatory monitoring team by designing robust quality assurance frameworks that underpin both regulatory compliance and financial crime prevention efforts.

• Design and maintain comprehensive quality assurance review frameworks for Regulatory Compliance and Financial Crime Compliance, ensuring alignment with internal standards and regulatory requirements.
• Conduct independent quality assurance reviews to assess adherence to relevant regulations and internal policies, delivering reliable outcomes that support organisational integrity.
• Identify areas for process improvement within compliance functions, provide actionable recommendations, and monitor remediation efforts through to effective closure.
• Develop and execute monitoring programmes that provide independent assurance on compliance with key Singapore regulations such as the Banking Act, Securities and Futures Act, and Financial Advisers Act.
• Enhance control testing frameworks by refining sampling methodologies, assessment criteria, and integrating advanced data analytics techniques into review processes.
• Conduct thorough control testing reviews to evaluate the adequacy and effectiveness of existing processes and controls within the organisation.
• Collaborate closely with Business Units and Risk Partners to address identified issues, ensuring effective remediation actions are implemented for sustainable improvements.
• Prepare clear presentations of quality assurance and monitoring outcomes—including key findings, insights, trend analysis—for Senior Management and relevant compliance committees.
• Consolidate monthly and quarterly compliance reports including dashboards and performance metrics for Senior Management and Group Compliance teams.
• Coordinate with Group counterparts to align on quality assurance outcomes, justify deviations where necessary, and ensure consistency in reporting standards across the organisation.

What you bring:

To excel as a Regulatory Monitoring and Testing Specialist, you will bring proven experience from the banking sector—ideally spanning audit functions, compliance operations or risk management roles.

• Bachelor’s degree or relevant professional qualification in Banking & Finance or a related discipline is required for this position.
• Proficiency in data analytics tools such as Excel or other specialised platforms is essential; possession of an ICA Diploma or equivalent certification would be advantageous.
• At least three years of relevant experience within the banking industry is expected—ideally with exposure to audit functions, compliance operations or risk management roles.
• Strong analytical skills coupled with critical thinking abilities are vital; you should demonstrate a keen interest in leveraging data analytics as well as emerging technologies like Generative AI.
• Excellent communication skills are necessary for producing clear reports; stakeholder management experience will help you build effective relationships across departments.
• Ability to conduct independent reviews while maintaining objectivity ensures reliable outcomes; attention to detail supports accurate reporting.
• Experience preparing regulatory submissions or supporting governance requirements is highly valued; familiarity with Singapore regulations such as Banking Act or Securities & Futures Act is preferred.
• Capacity for collaborative work with business units or risk partners enables successful remediation efforts; interpersonal skills foster positive engagement throughout the organisation.
• Demonstrated ability to develop frameworks or policies guiding compliance review activities shows initiative; adaptability helps align procedures with evolving regulatory requirements.

What sets this company apart:

This organisation stands out as one of Singapore’s most respected financial institutions—renowned for its unwavering commitment to maintaining high standards of compliance across all operations.

What's next:

If you are ready to take your career forward by contributing meaningfully within a respected financial institution’s compliance function—apply now!

Apply today by clicking on the link provided.

Do note that we will only be in touch if your application is shortlisted.
Robert Walters (Singapore) Pte Ltd
ROC No.: 199706961E | EA Licence No.: 03C5451
EA Registration No.: R25132560 Madiha Binti Md Ridza