Compliance and Government Relations Manager - GrabInvest

Get to know the Role:

• This is a Head of Compliance and Money Laundering Reporting Officer role for a retail licensed fund management entity reporting directly to the Head of Compliance and Government Relations for Grab Financial Group, and a dotted line to the Head of GrabInvest. 

• Ensure compliance with all requirements under the Securities and Futures Act, Financial Advisers Act, and applicable Anti-Money Laundering rules.

• Develop, maintain and implement the country compliance program, including the Compliance policies and guidelines, regulatory documentation, training logs and related policies/procedures.

• Act as principal point of contact for internal and external stakeholders in relation to all Compliance matters

• Advise various stakeholders of any implications of new/existing regulations and provide guidance on the proper and prompt implementation of procedures to comply with the requirements

• Review all product-related materials, advertising, marketing and sales promotion materials to ensure the business complies with MAS requirements

• Conduct compliance risk assessments, including enterprise wide risk assessment, customer/merchant on-boarding, reviewing and filing of suspicious transaction reports where needed.

• Work closely with operations and product teams to identify enhancements in compliance processes and play a driving role to implement system changes.

• Prepare and submit periodic reports/presentations to regulatory bodies, board of directors and senior management forums.

• Coordinate closely with subject matter experts to implement risk mitigation strategies in key areas such as personal data protection, transaction monitoring, business continuity and information security.

• Develop training materials and regularly sensitise senior management, relevant employees and business partners regarding key compliance risks.

• Support and where necessary drive government relations activities in regional markets to deepen ties with financial regulators and central banks.

• Open to travel within South-east Asia where Grab has a presence to build similar compliance frameworks in these countries, as well as support country compliance teams when required.

The must haves

• At least 8 - 10 years of compliance, legal or internal audit experience in the fund management sector. Candidates with retail regulatory background will be prioritised for assessment.

• Familiar with fund management industry practices and trends

• Strong knowledge of Securities and Futures Act and Financial Advisers Act

• Strong analytical and problem solving skills and ability to prioritize and organize work effectively and efficiently to meet aggressive targets and deadlines

• Constructive attitude and a demonstrated willingness to “get hands dirty” to effectively solve problems.

• Excellent interpersonal, written and verbal communication skills.

• Self-starter, highly motivated and goal focused.

• Experience in developing policies, procedures, and manuals.

• Experience in liaising with financial regulators, responding to regulatory inquiries and surveys and managing inspections.

• Experience in stakeholder management at all levels, particularly senior stakeholders.

• Experience in managerial position

• Knowledge of Singapore’s and ideally one other South-East Asian country’s fund management regulatory framework

• Comfort in managing ambiguity and operating in a hyper-growth company.