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Senior Regulatory Management Advisor - VP

Job Seekers Singapore Compliance Financial Services - Banking

Job Summary

  • Singapore
  • Permanent
  • BBBH782620
  • May 18, 2021
  • S$15-19k pm
Job Description

My client, a prestigious and well-known international bank is looking to hire a VP level regulatory management advisor for its APAC team.

Senior Regulatory Management Advisor - VP Level

Morgan Mckinley is working in partnership with a leading international bank on a senior regulatory management position. This is a niche role and is a part of its APAC group that supports and enhances the banks relationships with regulators across the region. It does not involve managing day to day regulatory interactions, whereas focused on strategic engagement.

The role reports into the Regional Head and the incumbent will work closely with senior management, key global and regional stakeholders, Compliance, other stakeholders across the bank and Regulatory management teams.

Job Description

  • Supporting and enhancing provision of meaningful MI to Management Board and other stakeholders on regulatory interactions, including key monthly and quarterly reports.
  • Identifying trends and changing expectations of APAC regulators working with those managing local relationships and maintain current view on significant matters and remediation.
  • Briefing and preparing materials to support APAC senior management (e.g., APAC CEO) engaging with stakeholders on APAC supervisory matters; both internal (e.g., Supervisory Board) and external (e.g., with other regulators).
  • Preparing briefings to support the banks management and supervisory board engagement with regulators in APAC, ensuring sufficient background and understanding of regulatory priorities, issues, and remediation as appropriate.
  • Working closely with other parts of regulatory management group, Compliance, Legal and other relevant matters on issues-management and notifications, so that regulators are provided with relevant and consistent information in a timely and coordinated fashion. Provide feedback and challenge as needed to ensure fit for purpose.
  • Coordinating responses to extra-territorial or group level queries - ensuring appropriate escalation, stakeholder engagement and fit-for-purpose information/tone.
  • Providing advice on key aspects of regulatory management - e.g., expectations set out in Policy on Engagement with Supervisory Authorities, handling of Confidential Supervisory Information, etc.
  • Engaging with colleagues on a cross-regional basis on projects and management of issues as needed. Undertaking ad hoc work/projects as directed.
  • Key role in preparing and coordinating multi-regulators events - e.g., annual APAC Supervisory College or any ad-hoc college.
  • Supporting consistent approach to tracking regulatory interaction, including awareness-raising, review/feedback, addressing queries and 'gate-keeper' for access.
  • Reviewing and updating local policies and procedures as directed, reflecting the global policies and Key Operating Principles of group while fit for purpose in APAC context. Maintaining related regional documents.
  • No direct people management. However, expected to demonstrate leadership skills and collaboration to support the objectives and strategy. This includes provision of high-quality feedback and coaching of others as appropriate, promoting banks values and contributing to the achievement of a high-performance culture.

The Successful Applicant

As a successful applicant, you would have the following skills & qualifications:

  • 10 or more years of experience with at least 5 years of experience working with regulators - ideally some of this is working for a regulator in a supervision role or something closely related; otherwise in a role facing financial services regulators.
  • Working with senior management - evidence of providing briefing (oral/written) and other targeted materials like MI, as well as acting in an advisory capacity.
  • Understanding of regulators' expectations and priorities. Ability to critically assess information and identify what regulators need. Ideally this experience is not limited to only one jurisdiction/regulator as role is regional.
  • Excellent communication skills (oral and written) which can be applied in a range of contexts and with different stakeholders. Ability to understand and express complex ideas and arguments clearly and effectively, supplemented with excellent attention to detail.
  • Enthusiastic team player who can collaborate effectively to get things done.

If you're interested in this role, please send your updated CV (word format) to smalhotra@morganmckinley.com for a confidential discussion

Referrals are greatly appreciated.

Morgan McKinley Pte Ltd

EA Licence No: 11C5502

Registration No: R1770166

Registration Name: Suhani Malhotra

Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as a notification that you have not been shortlisted.

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Consultant Details

Consultant Details

Suhani Malhotra
Suhani Malhotra
  • Senior Consultant
  • +65 6818 3174
  • smalhotra@morganmckinley.com