Genesis Fund Services (Singapore) Pte Ltd is a Fund Administration company offering high quality and innovative financial services without borders. We create opportunities for clients to focus on what is important to make their business grow.
We are seeking passionate individuals to join our dynamic Compliance Team where members share knowledge on Compliance and AML requirements across various jurisdictions including The Bahamas, Cayman Islands and Singapore. We believe that building a diverse, equitable and inclusive team is ideal for supporting a culture of compliance and accountability at Genesis. Our Compliance Team is critical to us maintaining optimal standards of integrity and ethics in the services we provide.
Required Qualifications and Skills Requirements
Ø Bachelors of Degree Finance, Business, Law or Other Degree
Ø Certification in Compliance
Ø Registration local Compliance organization, as applicable
Ø Previous experience in compliance, risk management, or a regulatory role within the financial services industry
Ø Good comprehension of compliance for asset management and collective investment vehicles
Ø Strong organizational and reporting skills
Ø Strong knowledge of company and financial laws for entities and filing requirements for The Bahamas, Singapore and other relevant jurisdictions
Ø Strong written and verbal communication skills including technical writing skills
Ø Excellent analytical and interpersonal skills.
Ø Detail-oriented with the ability to manage multiple projects simultaneously.
Primary Duties and Responsibilities
Ø Regulatory Monitoring: Stay up to date with relevant laws and regulations to ensure the organization remains compliant. Demonstrate knowledge of and compliance with departmental procedures and guidelines as they relate to the Compliance framework
Ø Collaboration: Work with various departments to promote a culture of compliance and to ensure policies are being followed. Provide support to departments about KYC queries and compliance issues for potential investors, subscribers or other parties to the Fund.
Ø Auditing and Monitoring: Perform regular audits and monitoring of operations to ensure compliance with internal policies and external regulations. Assist with the management of external review processes such as inspections by the Securities Commission of The Bahamas and SSAE 18 engagement by external auditors.
Ø Reporting: Prepare and submit compliance reports to senior management and regulatory bodies as required. File annual and periodic reports and other documents required by regulators for funds – Securities Commission, Central Bank, Competent Authority.
Ø Risk Assessment: Identify compliance risks and conduct assessments to evaluate the effectiveness of compliance controls. Bring unusual and complicated functional issues to the attention of the Executives for discussion and resolution. Document compliance issues raised by departments as well as parties involved, and the process followed to resolve the same.
Ø Policy Development: Identify, develop, implement, update and review of relevant policies and procedures of company and departments to ensure adherence to the best practices and relevant laws, regulations, guidelines and best practices. Document the result of findings and follow up on the implementation of recommendations as necessary.
Ø Training and Education: Assist and conduct training sessions for employees on compliance-related topics and the importance of adherence to policies. Ensure implementation of updated policies and procedures, where applicable. Assist in report preparation and data compilation as required
Ø Misc: Other related duties as directed by Company Executives
Role Expectations
Ø Consistent application of company policies and procedures for workflow to provide timely real-time solutions for clients
Ø Respect for colleagues, clients and corporate culture
Ø Excellence in approach to all assignments and in the level of service offered to clients
Ø Integrity when collaborating with team members and working with clients
Ø Diligence in handling client matters and keen attention to the maintaining the ethics of the company
Ø Discipline to conduct work in a timely and efficient manner while continuously seeking improvements through innovation and technology
An attractive salary package commensurate with qualifications and experience will be offered. Please apply in writing to jbeladie@genesisfundservices.com.
