Compliance & Risk Manager

eToro has created an intuitive Social Trading platform that gives traders and investors access to global stock markets, commodity trading, cryptocurrency trading, and more. We strive to make money management available and accessible to everyone (even to users with no prior experience or knowledge). We have over 33 million users worldwide, and our platform is available in over 140 countries around the world. 

With over 1500 employees worldwide, We have locations in the US, Cyprus, UK, Australia, Germany, and Israel, and we are constantly growing and expanding into new markets.

We are constantly growing and are excited to share that we are looking for a Compliance & Risk Manager to join our team!

What will you be doing?

• Coordinate compliance issue management, escalation and reporting.
• Monitor and review, notice, guidelines, circulars and regulatory documents which are applicable to the Company.
• Update and draft policies, procedures and controls to meet regulatory requirements of MAS.
• Conduct compliance assurance reviews and testing on business units' processes and controls to assess level of compliance with applicable regulatory/industry requirements, identify gaps, provide recommendations, escalate issues/risks promptly and work with business units to implement timely remedial actions.
• Provide advice and guidance on new business expansion, innovative products, customer transactions and regulatory issues in Singapore.
• Responsible for the following:

1. Periodic review of trade surveillance settings and timely review of trade alerts;
2. Maintenance of respective legal documents (e.g. T&Cs). 
3. Oversight leverage settings (pre-post) and best execution practices.
4. Follow up with audit findings and check that such findings are resolved on a timely basis.
5. Periodic review of customer facing teams communications sent to customers.
6. Review marketing materials (check that such material meets local regulatory  requirements).

• Responsible for preparing the risk and control assessment so as to identify potential risks and implement effective controls, validating remediation of operational risk exposure and related control gaps.
• Responsible for working with business to build out Risk Registers and end-to-end process mapping, working to provide accurate reflection of information and challenge where appropriate.
• Responsible for conducting root cause analysis of operational events and developing strategies to mitigate future risks.
• Responsible for preparing risk reports which include detailed risk reports / dashboards / metrics to senior management and stakeholders, highlighting key risk areas and recommended actions.
• Monitor and report on Risk Events and Operational Losses escalating to management appropriately, and actively supporting business areas in the lessons learnt.
• Manage and contribute to the process for evaluating and rectifying operational risk incidents, check for swift resolution of the incident and that client interest is central to the process, capturing root causes, lessons learnt, check that actions for future risk mitigation are implemented and relevance to other business areas or processes is considered.
• Responsible for developing, maintaining and overseeing the operational risk framework and related policies that cover:

1. Outsourcing
2. Business Continuity Management
3. Operational Risk Management

• Check that the ORM tasks are in compliance with all regulatory requirements
• Work with Group to plan, execute, and document BCM tests, including reporting and follow-up on findings
• Conduct periodic reviews of outsourcing arrangements to identify and mitigate risks.
• Maintain and update the call tree and risks indicators, regularly review of matric to enhance monitoring
• Provide guidance to business management with respect to supervision structure, process and responsibilities and adherence to policies, guidelines and checklists, checking that procedures and controls set out in the respective compliance operating procedures are followed.
• Coordinate compliance issue management, escalation and reporting.
• Responsible to self track (including mandatory in-house Compliance/AML training/ABC) all training hours and keep training records and with the HR; 
• Any other tasks as allocated by your direct line manager.