Singapore Regulatory Compliance Officer

Nomura Asia
Singapore, Singapore
17 May 2023
16 Jun 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Job Description
Job Title: Singapore Regulatory Compliance Officer, Asia
Corporate Title: Associate
Division: Legal, Compliance & Conduct (LCC), Asia
Department: Compliance
Location: Singapore
Job Type: Permanent

Company and Function Overview
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit .
The SG Country Compliance team apply specialist local regulatory knowledge to support management of compliance risk arising at a country level. They maintain local registrations and licenses and maintain relationships with key local financial regulators, acting as a primary contact point for regulatory notifications, enquiries, inspections and investigations. There are country compliance teams located in Australia, Hong Kong SAR, India, Indonesia, Korea, Malaysia, Singapore and Taiwan, supporting Nomura entities across the region.
Job Responsibilities:
  • Provide daily compliance support in the advice and review of local legislative and financial regulatory requirements (example - MAS IAC regime, MAS FRC framework), as well as local and regional compliance policies including those relating to, among others, cross border business activities, individual accountability and conduct, personal account dealing, gift and entertainment and code of conduct.
  • Support interactions with the financial regulators including coordinating dissemination of regulatory notifications and surveys, as well as managing and coordinating enquiries, regulatory meetings, inspections and investigations.
  • Work collaboratively with the team and internal stakeholders on the analysis and assessment of key financial regulatory developments, consultations or discussion papers.
  • Serve as a point of contact for regulatory licensing matters of representatives in Singapore, and work closely with team members to ensure all conditions and obligations associated with such licenses are complied with.
  • Support with the investigation, escalation and reporting of suspected or actual breaches of financial regulatory requirements, internal compliance policies and standards, or other misconduct matters.
  • Prepare and/or coordinate submission of periodic or ad hoc regulatory returns.
  • Develop, review, and maintain local compliance policies and procedures.
  • Take on ad hoc projects and/or other regulatory compliance-related work.
Job Requirements:
  • Degree or Diploma in Finance, Business or Law.
  • Minimum 4 years' of compliance experience in banking, capital markets or audit.
  • Good understanding of the Banking Act, Securities & Futures Act, Financial Advisers Act, as well as their subsidiary legislations including the relevant MAS notices and guidelines.
  • Experience of interacting and managing relationship with local financial regulators, associations, and auditors.
  • Experience in preparing and processing MAS license applications for representatives.
  • Proactive, able to work independently in a fast-paced environment, and manage multiple tasks concurrently.
  • Ability to communicate effectively and confidently, and to build and maintain strong relationships with internal stakeholders.