| Singapore

Salary (SGD) Not specified

Full Time | 3 Applicant(s)

Posted: 14 Sep 2017

Skills required

Communications, analytical and time management skills

About Company

WATIGA TRUST is a licensed trust company regulated by the Monetary Authority of Singapore (MAS), providing trust and fiduciary services to corporates, individuals and FinTech participants.

Job Description


Job Summary

• Salary: Undisclosed

• Location: Singapore - Central

• Work Type: Permanent - Full Time

• Min. Education Level: Degree

• Field of Study: Degree in Finance / Degree in Banking / Degree in Law

• Years of Experience: Minimum 3 years

• Skills: Communications and people skills, analytical skills, organisational and time management skills

Job Descriptions

WATIGA TRUST and its parent company WATIGA & CO. are boutique trust, agency and fund administration firms, with a focus on alternative investments in Southeast Asia.

We strive to be the preferred platform for investors, lenders and fund managers seeking an independent provider of corporate trust, fiduciary and fiscal and custodial agency services. We have a strong commitment to integrity, responsiveness and being commercial.

As technology permeates all aspects of financial services, we provide niche services for market entrants in FinTech, by modernising “old world” trust and custodian concepts into the FinTech context, and to bring credibility, compliance and transaction assurance to FinTech participants.

To support the growth of our business, we are looking for a motivated and competent Compliance Officer seeking to be part of our team.

Roles and Responsibilities

• Identify compliance and filing requirements to carry out compliance function of the trust business (MAS) and corporate services business (ACRA)

• Assist with the effective administration and implementation of the AML / CFT policies and procedures, processes and controls

• Regularly conduct and monitor compliance audit program in accordance with AML / CFT policies and procedures and suggest measures to improve efficacy of processes

• Evaluate other internal processes and institute improvements where necessary

• Coordinate and liaise with regulatory authorities on enquiries, licensing matters, reporting, inspections or investigations

• Perform follow-up reviews to verify the implementation of recommendations from regulators, external or internal auditors, and to resolve risk and compliance related issues identified

• Update and provide guidance to team members with AML / CFT and new compliance regulatory and risk changes and modify policies and systems accordingly for swift adoption of new risk and compliance practices

• Perform client due diligence for onboarding of new clients, screening and verification of client KYC documents

• Client risk profiling, assigning AML / CFT risk rating, including periodic reviews of clients based on clients’ risk rating

• Maintain registers for high risk clients and monitoring the transactions of such clients including actively advising the Management

• Assist with FATCA / CRS reporting

• Participate effectively in ad-hoc projects assigned by the Management

Technical Requirements

• Candidates with experience in AML / CFT regulations will have an advantage

• Minimum of 3 years of experience in the legal, trust or corporate services industry

• Experienced user of World-Check

• Advanced user of Microsoft Office suite of products

• Competence with other business software and the ability to adapt to new technology

• Professional understanding of the corporate landscape and practices in Singapore

• Minimum of 3 years of experience in the finance, trust or corporate services industry

Other Skills

• High level of attention to detail and accuracy of deliverables

• Excellent written and oral communication skills

• Strong ownership skills and willingness to make logical decisions independently

• Able to perform and deliver under short notice and deadline pressures

• Willing to work both independently and collectively as part of a dynamic team

• Able to manage internal and external stakeholders of all seniority levels effectively

• Strong analytical and organisational skills

• Meticulous and with an ability to multi-task effectively and efficiently

• Strong interpersonal skills, tact, diplomacy and professionalism are essential for this job

Individuals We Are Looking For

• Team-spirited individuals with high degree of integrity

• Adaptable to change, dynamic, driven and risk-taking individuals who have a strong interest in the trust and funds industries

• Individuals who can work independently and take ownership of responsibilities

• Calm, honest and humble individuals who love to learn, improve and be challenged

If you possess a can-do attitude, are enthusiastic and able to engage with regulators, clients and team members, this is the role for you.

To apply for this position, please send your resume and a detailed cover letter with current and expected remuneration and your availability to recruit@watiga.com

Your resume must include the following information:

• Education background

• Work experience

• Reason(s) for leaving

• Language skills

• Two referees’ contacts

Our selection criteria:

• Applicants who possess relevant experience and qualifications for the above responsibilities are most welcome to apply

• Applicants who do not possess the above experience or qualifications may be considered on individual merits

• Applicants who are not shortlisted for this role may be matched and contacted for other suitable opportunities in future

• We regret that only shortlisted candidates will be notified