Accountabilities and Key Roles:
- Lead the development, implementation, and oversight of regulatory compliance frameworks for wealth management activities, ensuring alignment with applicable laws, regulations, and internal policies.
- Provide guidance to Wealth Management teams on regulatory requirements, suitability standards, conduct obligations, and clientprotection rules.
- Monitor regulatory changes, market developments, and emerging compliance risks affecting wealth management products and services.
- Conduct risk assessments, compliance reviews, and gap analyses specific to wealth management operations.
- Support regulatory reporting, examinations, and inquiries related to Wealth Management activities.
- Deliver compliance training to Wealth Management staff to reinforce regulatory expectations and best practices.
- Identify compliance risks and support corrective and preventive actions to strengthen controls and reduce regulatory exposure.
- Collaborate with business units to resolve compliance issues and ensure effective controls related to wealth management operations.
- Oversee training and awareness programs to promote a strong compliance culture within wealth management teams.
- Liaise with regulatory authorities, auditors, and external stakeholders on wealth management compliance matters.
- Mentor and develop wealth management compliance staff, fostering high standards of expertise and professionalism.
Job Requirements:
Education:
- Bachelor's degree in Finance, or a related field from a recognized university.
- Professional certifications in regulatory compliance, wealth management (preferred).
Experience:
- Minimum of 10 Years of experience in regulatory compliance wealth management.
- Experience in banking or financial services sector.
Competencies:
- Strong knowledge of wealth management regulations, products, and compliance frameworks.
- Analytical and problem-solving skills.
- Excellent communication, presentation, and report writing abilities.
- Leadership and team management.
- Project management and coordination skills.
- Attention to detail and professional integrity.
- Stakeholder management and collaboration.
