Asset and Wealth Management Senior Manager - Risk & Compliance Solutions, Internal Audit & Risk

Job Description & Summary

At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help clients build, accelerate and sustain momentum. Find out more at www.pwc.com.

A career within Risk & Compliance Solutions, will provide you with the opportunity to help companies rethink their approach to compliance and risk and create a sustainable risk advantage. We’re a part of a unique client proposition, assisting our clients to develop proper internal controls by sharing our technical know-how and leveraging on analytics and technology solutions to underpin efficient execution of governance, to optimise their risk and compliance policies and processes, and improve business performance.

Our Asset and Wealth Management team in Risk & Compliance Solutions is expanding rapidly and we are looking for seasoned professionals to join us. We are Singapore’s leading Asset and Wealth Management in Risk & Compliance Advisory team, and you will experience a dynamic and fast-paced working environment.

You’ll work as part of a fast growing team of subject matter experts with extensive industry experience in areas relating to regulatory compliance, risk and internal controls. Your clients include leading local, regional and global asset managers, alternative asset managers (private equity, private credit, real estate, hedge funds and venture capital), wealth management, digital wealth managers, digital assets and other capital market intermediaries. Digital alliances and digital solutions are core to the delivery of our services to clients. You will enjoy a stable yet flexible working environment with certainty in hours, and the ability to manage and control your own time.

Specific responsibilities include but are not limited to:

• Providing advice to fund management companies, wealth managers, digital advisors, digital assets providers and other capital markets intermediaries (i.e. REIT managers, brokerages, corporate finance advisors and trust companies) to help optimise their governance, risk management and compliance with regulatory requirements;

• Your advice will cover areas such as compliance and risk management frameworks and monitoring programmes, as well as  business conduct practices in areas such as portfolio management, fund operations, sales and product compliance, AML/CFT, outsourcing, culture and conduct, and technology risk;

• Managing a team of specialists providing outsourced internal audit and risk solutions to clients. This includes conducting internal audits, outsourced regulatory inspections, operational due diligence, performing non-financial controls reviews and attestations, and assisting on AML/KYC reviews;

• Helping clients develop, implement and strengthen their Board governance and risk management framework;

• Conducting business processes and controls reviews, identifying gaps, assessing risks and providing recommendations for remediation;

• Draft findings in report deliverables with clear and concise business writing abilities as well as confident presentation skills; 

• Managing key stakeholder relationships, including communication of the scope of work, findings and observations, industry updates;

• Conducting thematic reviews and thought leadership to formulate recommendations for processes and controls to better comply with regulatory requirements, regulators’ expectations, and industry/market practices;

• Working with our strategic alliance partners to formulate new services / products to take to the market (e.g. regulatory technology / platform);

• Working on business development or new market opportunities (e.g. new clients, services, proposal formulation);

• Assisting to host events on key industry updates and areas of interest for our clients.

About you:

• At least 6 years of financial services regulatory, internal or external audit experience in a Big 4 audit firm, regulator or financial institution. Previous employment with a regulator will be highly preferred.

• Good understanding of the asset and wealth management/digital assets/capital markets landscape and IT audit experience preferred .

• Strong experience in auditing and knowledge of local MAS regulatory requirements for capital markets intermediaries. This includes Securities and Futures Act, Financial Advisers Act, Banking Act, Payments Services Act, including AML/ CFT.

• Experience in the following areas would be beneficial:

• auditing under the relevant frameworks (for ISAE 3402, ISEA 3000, AUP) and advising on front office conduct and sales practices; and

• technology-related regulatory requirements, which includes Technology Risk Management, Cyber Hygiene and Business Continuity Management; and

• direct dealings and interactions with the MAS.

• Professional, confident and highly motivated self-starter, with an ability to handle multiple engagements/projects in a fast pace environment with tight deadlines, positive attitude to learn and strong team player. Able to manage people and teams.

• Possess strong values, personal integrity and emotional intelligence.

• Meticulous and attention to details, possessing an analytical and enquiring mind-set

We regret that only short-listed candidates will be notified.