Compliance Auditor Professional Investment Advisory Services Pte Ltd
Professional Investment Advisory Services Pte Ltd (PIAS) is part of the Australian based Professional Investment Holdings Ltd Group (PIH) of companies. PIH also operates in another six countries across Asia Pacific and North America.
PIAS has one of the largest networks of accountants, financial advisers and life insurance brokers in Singapore. PIAS offers a broad range of financial and business development services that are backed by our ongoing support and expertise. Our size, skills and success enable us to offer first class, personal services in financial planning, wealth creation and wealth preservation strategies, while at the same time assuring that we are a progressive company in the ever-evolving financial services profession.
Compliance Auditor (2 positions available)
Reports To: General Manager/Professional Standards Manager, Compliance
General Description:
To monitor and implement PIAS Compliance regime and to ensure PIAS Authorised Representatives are adhering to company and legislative policy guidelines.
Key Accountabilities:
Auditing
* Audit client files to ensure compliance to legislations and company procedures. To meet KPI of 3 audits per advisor per annum.
Audit Reports
* Produce monthly audit reviews of the Financial Needs Analysis forms to ensure that the recommendations made by advisors meet the needs of customers as well as compliance to company policies & procedures.
* Conduct face to face monthly meetings with managers & advisors to discuss audit report
Advisor Follow up
* Follow up with advisor who fail the audit and develop a remedial plan with their Branch Manager
Advisor Training
* Conduct advisor training with new advisors recruited to PIAS
* Provide remedial training where applicable in conjunction with Compliance Manager – as and when necessary
Queries
* Handle Advisor’s compliance queries confidently and correctly within 24 hours where practical – daily
* Issue written approval where applicable
Training Presentations
* Compile training presentations when required
* Ensure good contents and delivery of presentations – as and when needed but at least once every quarter
* Communicate and educate on policies & processes to the advisors
Advertising Approval
* Proof-read, amend, liaise with advisers and approve marketing materials submitted by advisors.
Process Improvement & Reporting
* Report to Compliance Manger weekly re number of audits completed and reports outstanding items – weekly
* Stay abreast of MAS requirements, the FA Act and related regulatory requirements..
* Suggest process improvements
Other Information:
* Travel may be required to fulfil the role.
Qualifications & Experience
* Degree in Accountancy is required
* At least 1 year of working experience in audit
* Financial Services qualifications or their equivalent to Singapore
* Experience in either advising or compliance related areas
Values & Behaviours
* Flexible with working hours, puts in extra effort when required
* Good attendance and arrives to work on time
* High standards of professional presentation
* Performs all business dealings in the way PIAS upholds it’s business relationships
* Follows instructions and fulfils requests within target time frames
* Accepts responsibility
* Consideration and respect for other staff members and their work requirements
* Suggests improvements in procedures to management
* Uses initiative to add value
* Identifies problems and provides practical solutions
* Good time management skills
Additional Requirements:
* Intermediate to high level of computer skills
* Cultural fit with corporate organisation
* Results oriented
* Excellent communication skills
* Self starter
To apply, please forward your current resume with a covering letter detailing your experience, expected remuneration and suitability for the role to: HR@profinvest.com.sg
For further information on the Company please visit; www.profinvest.com.sg
