Location: Singapore
Job Function: Legal & Compliance Department
Job Type: Permanent
Req ID: 16026
GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 locations around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.
Legal and Compliance Department
We govern, structure, negotiate and execute the largest and most complex deals globally, across all asset classes.
Compliance
You will gate-keep and escalate material regulatory, compliance, reputational risks and incidents to the GIC Board and senior management. You will help to monitor the constantly evolving regulatory landscape to advise our stakeholders of the potential implications and to implement the requisite controls. You will also promote and reinforce staff awareness of the applicable regulatory and compliance policies and procedures.
What impact can you make in this role?
You will be part of a team that manages the legal, regulatory, compliance, and reputational risks of GIC. We are looking for a highly motivated, high calibre candidate to lead our Control Room team as Senior Vice President.
What will you do as an SVP, Control Room?
- Lead the strategic implementation and ongoing enhancement of GIC’s Chinese Wall Compliance Programme, Expert Networks Policy, Research & Alternative Data Providers Policy, and Personal Investments Policy.
- Advise on complex transactions and applicable global laws and regulations on insider trading and market abuse.
- Be accountable for all aspects of the daily operations of GIC’s Control Room, and be prepared to be hands-on, where required.
- Lead our Control Room’s efforts to enhance our existing systems, controls and processes to ensure that they remain best in class, and design and lead the strategic implementation of projects to leverage on technology for enhancing the effectiveness of our policies and streamlining controls and processes.
- Monitor and identify changes in GIC’s investment/trading and operational activities through effective and ongoing engagement of internal stakeholders and global regulatory developments and enforcement trends that warrant an update to existing policies or the development of new controls to ensure that GIC’s Chinese Wall Compliance Programme and Personal Investments Policy remain updated and effective.
- Respond to regulatory inquiries, which includes working with internal stakeholders and external legal counsel to prepare such responses.
- Conduct periodic policy and process reviews and consultation with internal stakeholders, and present proposed policy changes to GIC’s Group Executive Committee and/or Group Risk Committee.
- Design and lead the implementation of an effective training program to educate stakeholders on Compliance matters.
- Review and advise on other general compliance policies, which includes conflicts of interest, gifts & entertainment and external personal appointments/activities.
- Conduct Compliance Risk Assessments, and implement additional Compliance processes, where required.
- Analyze and report management information and key Compliance risk metrics, and identify areas for improvement to existing policies, processes and controls to address emerging regulatory and compliance risks.
What qualifications or skills should you possess in this role?
- 16 to 20 years of relevant working experience in the financial services industry, preferably in a Control Room function, or with a securities exchange or securities regulator.
- Possess leadership qualities and managerial experience in leading Compliance teams.
- Strong interest in and awareness of the global regulatory and enforcement landscape and an understanding of securities laws and regulations.
- Strong understanding of information barrier/control and conflicts of interest issues.
- Possess strong interpersonal skills to collaborate effectively with stakeholders and advise/influence senior stakeholders or management, and possess the confidence to uphold Compliance’s position under pressure.
- Good knowledge about financial markets and experience in at least one or more asset classes such as Equities, Fixed Income, Derivatives, Commodities and FX.
- Attention to details and able to manage large data sets and detect patterns / inconsistencies.
- Strong analytical, problem-solving, and investigative skills.
- Ability to multitask, track and drive the execution of multiple compliance reviews and projects at the same time, and meet critical deadlines.
- Experience in driving the strategic implementation of and enhancements to Compliance systems will be preferred.
Work at the Point of Impact
We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.
Flexibility at GIC
At GIC, our offices are vibrant hubs for ideation, professional growth, and interpersonal connection. At the same time, we believe that flexibility allows us to do our best work and be our best selves. Thus, our teams come into the office four days per week to harness the benefits of in-person collaboration, but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.
GIC is an equal opportunity employer
As an employer, we passionately believe every individual brings with them unique diversity of thought and perspectives to meaningfully enrich perspectives of GIC teams to drive competitive performance. An inclusive environment yields exceptional contribution.
Learn more about our Legal & Compliance Department here:
https://gic.careers/group/legal-compliance/
