- Act as the First Line of Defense (1LOD) to identify and monitor potential issues for suitability and selling process within the Front Office, Singapore.
- Strengthen and implementation of management controls in suitability and selling process.
- Provide practical guidance/trainings to Front Office on suitability and selling process.
- Closely monitor the new regulations issued by the regulators and translate the regulatory expectations into controls within the business processes.
- Conduct trade monitoring and thematic review of Front Office activities, advise on appropriate rectifications and prepare reports for management attention.
- Participate in system and management projects related to enhancing the control landscape for the suitability and selling process.
- Monitor and analyse employee emails to detect fraud, data leakage, and policy violations.
- Investigate and escalate suspicious communications with relevant stakeholders.
- Maintain surveillance procedures and provide management reporting on findings.
- Act as business liaison with other departments e.g. Compliance, Auditors, etc.
- Bachelor’s degree in accounting/business/finance/cyber security
- 7 to 12 years of experience in Private Banking business risk, internal controls or compliance areas.
- Hands on knowledge in regulatory requirements of suitability and selling process and relevant regulations and compliance standards (e.g. GPDPR, PDPA etc.)
- Experience in dealing with regulatory audits and in ensuing remediation work.
- Strong understanding of email protocols, encryption methods, and data security principles.
- Familiarity of email surveillance tools and software.
- Presentable personality, strong interpersonal communication skills especially with senior bankers and management levels.
- Solution driver and proactive in finding alternatives to solve issues.
- Proficiency in MS Word, MS Excel and MS Powerpoint.
- Team player and detail oriented
We are looking forward to receiving your online application.
For any further information please do not hesitate to contact us!
LGT Bank (Singapore) Ltd.Human Resources
En Hui TeoSkills Required
- Bachelor’s degree in accounting, business, finance, or cybersecurity
- 7 to 12 years of experience in private banking business risk, internal controls, or compliance
- Hands-on knowledge of regulatory requirements for suitability and selling processes
- Knowledge of relevant regulations and compliance standards, including GDPR and PDPA
- Experience handling regulatory audits and remediation work
- Strong understanding of email protocols, encryption methods, and data security principles
- Familiarity with email surveillance tools and software
- Strong interpersonal communication skills with senior bankers and management
- Proficiency in Microsoft Word, Excel, and PowerPoint
- Proactive, solution-oriented, collaborative, and detail-oriented approach
What We Do
Forward-looking for generations LGT is an international private bank owned by the Princely Family of Liechtenstein with 23 locations in Europe, Asia, Australia, and the Middle East. Our solid capitalization, long-term thinking, and strategic focus underpin our strong values. These are rooted in 900 years tradition and entrepreneurial thinking. Digitization represents a key pillar of how we continually innovate to find better ways of doing things - today and for the future. Sustainable and social: Sustainability is a pillar of LGT's strategy. Thinking, managing, and investing sustainably are integral parts of our DNA. LGT has committed to reducing the net CO2 emissions from its operations and its investments to zero by 2030. The Princely Family’s view is that wealth itself isn't a purpose, but that it comes with a sense of responsibility. Being wealthy means embracing and acting on that responsibility, as well as passing these values on to the next generation. LGT as an employer: LGT is a vibrant, growing international company and employer. We are certified as a Great Place to Work by the international consulting and research institute of the same name. Whether you have a wealth of experience or are embarking on your first professional steps, LGT careers offer an empowering environment to realize your ambitions. Take your next career step at one of our 23 international locations: www.lgt.com/global-en/career/jobs Publishing information: www.lgt.com/global-en/publishing-information
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