About the Role
We are a Singapore-incorporated financial services firm applying to the Monetary Authority of Singapore for a Capital Markets Services Licence. We are seeking an experienced COO / Executive Director to join the senior management team and Board of Directors. You will work closely with the Chief Executive Officer to oversee the Company’s day-to-day operations, governance, risk management and execution of its business strategy.
Key Responsibilities
- Day-to-Day Operations: Oversee the day-to-day operations of the Company and ensure effective execution of its business strategy and operating model.
- Processes & Controls: Establish and maintain effective operational processes, controls, policies and procedures.
- Regulatory Readiness: Ensure operational readiness and ongoing compliance with applicable MAS requirements, internal policies and licence conditions.
- Risk Management: Work closely with Legal, Compliance and Risk functions to identify, assess and manage regulatory, operational and conduct risks.
- Board Updates: Prepare and present operational, risk and management updates to the Board.
What We're Looking For
- Significant senior management experience in financial services, capital markets, brokerage, derivatives, foreign exchange, fintech or another regulated financial institution.
- Strong understanding of front-to-back financial markets operations and control frameworks, with good knowledge of corporate governance, compliance, AML/CFT, outsourcing, technology risk and internal controls.
- Strong leadership, organisational and decision-making capabilities, with strong written and verbal communication skills.
- Ability to work effectively with regulators, Board members, senior management and external service providers, and to satisfy the MAS Fit and Proper Criteria (honesty, integrity and reputation; competence and capability; financial soundness).
- Bonus: previous experience in a MAS-regulated financial institution or Capital Markets Services Licence holder; securities, OTC derivatives, FX, CFDs or institutional brokerage experience; previous COO, Head of Operations or Executive Director experience; experience establishing or scaling a regulated financial-services business in Singapore.
What We Offer
- A full-time executive management and Board-level role, serving as an Executive Director of the Company.
- Direct responsibility for ensuring the Company’s operations are conducted effectively, efficiently and in accordance with applicable regulatory requirements.
- The chance to work closely with the CEO and senior management, and to contribute to strategic planning, budgeting, resource allocation and organisational development.