Explore Our Careers
Welcome to our "Explore Our Careers" section, where you can learn more about the exciting career opportunities available at British and Malayan Trustees Limited. We are always on the lookout for talented individuals who are passionate about what they do and committed to making a positive impact on our community. Our team is currently fully staffed, and we don't have any open positions at this time. However, we're always interested in connecting with talented individuals who are aligned with our mission and values. Feel free to submit your resume, and we'll keep it on file for future opportunities. Send your CVs to enquiry@bmtrust.com.
Job Description
Position : Compliance Manager at British & Malayan Trustees Limited (BMT)
Role:
A key part of the Compliance Manager’s responsibility is to ensure BMT’s full compliance with regulations set by the Monetary Authority of Singapore (MAS), the Accounting and Corporate Regulatory Authority (ACRA), and Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT).
As the Compliance Manager, it is crucial to uphold BMT’s integrity by ensuring all operations strictly adhere to relevant laws, regulations, and internal policies.
This role reports directly to the Executive Director and collaborates closely with various stakeholders to implement and oversee comprehensive compliance programs across the organization; and provides periodic Compliance updates to the Boards of BMT and BMH on Audit and Risk matters.
Responsibilities:
- Stay updated on changes in relevant laws, regulations, and industry best practices to ensure the company’s compliance procedures are current and effective.
- Monitor and ensure adherence to MAS, ACRA, and AML/CFT regulations. Stay abreast of regulatory changes and advise management on the implications.
- Conduct due diligence, including AML, KYC, negative news, and sanction screening—for all new and existing relationships using platforms like World-Check.
- Maintain records of compliance activities, including policies, procedures, reports, and correspondence.
- Assist in identifying compliance risks within the organization and recommend appropriate measures to mitigate those risks.
- Draft, review, and update internal compliance policies and procedures to reflect evolving regulatory requirements.
- Oversee client onboarding, including Know Your Customer (KYC) checks, risk assessments, and annual reviews.
- Administer the company’s Enterprise-Wide Risk Assessment (EWRA) and Business Continuity Plan (BCP)
- Establish and maintain compliance monitoring programme. Lead the annual filing of CRS, FATCA and Economic Substance returns.
- Conduct regular training sessions for staff on compliance obligations, ethical conduct, and regulatory updates on any MAS notices and guidelines.
- Assist in audit preparation and support, ensuring all documentation and records meet internal and external audit standards.
Skills and qualifications:
- A Degree or equivalent qualification in law, finance, or a related field.
- Minimum 10 years of relevant compliance experience, preferably in the Trust industry.
- Good knowledge of MAS regulations, guidelines, and best practices related to Trust business.
- Proficient in MS tools like Word, Excel, PowerPoint
- Strong team player and possess a proactive attitude.
- Conscientious, independent, with good attention to detail
- Good written and verbal communication skills
- Proven ability to work under pressure to meet deadlines.
About British and Malayan Trustees Limited (BMT)
British and Malayan Trustees Limited (BMT) provides Trustee and other fiduciary services to families, companies, financial institutions, charities and HNWIs since 1924. BMT is licensed and regulated by the MAS. BMT is the oldest independent Trust Services provider in Singapore.
British and Malayan Holdings Limited (BMH) is the Holding company of BMT and is listed on the mainboard of SGX-ST.
BMH also holds a 35% stake in PreceptsGroup International Pte. Ltd. (PGI). PGI is a Singapore service provider in Wills, Trustee, Corporate Secretarial and Academy for Estate Planners.
Interested applicants kindly send applications to enquiries@bmtrust.com
Role:
- Manage the day-to-day administration of a portfolio of Trust accounts, reporting to the Head of Trust Administration
Responsibilities:
- To assist with the on-boarding of new clients and obtain the requisite AML/KYC documentation, review of Source of Funds & Source of Wealth information.
- To assist in drafting trust documents such as trust resolutions and letter of wishes.
- To assist in the Asset(s) transfer into the Trust setup, including opening bank accounts.
- To assist in the collection of earnings, dividends or sale of assets, placement of proceeds in the Trust account.
- To liaise with intermediaries relating to the trust structures such as lawyers, tax advisors and bankers when necessary.
- To assist in the direct distribution of funds to Beneficiaries, in accordance with the Trust Deed.
- To undertake Periodic Review of Trust and Estates under administration.
- To manage and administer the existing book of trust clients and develop the relationship by providing exemplary services.
- To attend any risks derived from annual reviews on the trust structures.
- Perform any other ad hoc assignments.
- To raise awareness to management of any AML or KYC issues relating to our existing trust structures promptly
Skills and qualifications:
- 2- 4 years of proven Trust and Company administration experience
- Relevant Degree/ Diploma holder (Accounting preferred)
- STEP qualified or part qualified /pursuing
- Clear track record of ability to garner client’s confidence & understands the needs of clients when structuring a Trust setup.
- Team-player with outstanding interpersonal skills
- Conscientious, with good attention to detail
- Outstanding written and verbal communication skills
- Proven ability to work under pressure to meet deadlines
- Independent and positive working attitude
Key performance indicators:
- No overdue of periodic reviews of the trust cases being assigned to
- Reply to client’s requests or queries promptly within 2 working days
- Ensure vigilance & awareness of KYC/AML procedures
- Timely new client onboarding with the compliance department
About British and Malayan Trustees Limited (BMT)
British and Malayan Trustees Limited (BMT) provides Trustee and other fiduciary services to families, companies, financial institutions, charities and HNWIs since 1924. BMT is licensed and regulated by the MAS. BMT is the oldest independent Trust Services provider in Singapore.
British and Malayan Holdings Limited (BMH) is the Holding company of BMT and is listed on the mainboard of SGX-ST.
BMH also holds a 35% stake in PreceptsGroup International Pte. Ltd. (PGI). PGI is a Singapore service provider in Wills, Trustee, Corporate Secretarial and Academy for Estate Planners.
Interested applicants kindly send applications to enquiries@bmtrust.com
Why Choose Us
MAS - Licensed
We are compliant with MAS’ standards of risk mitigation.
Transparent
Billing
Our fees are presented upfront with no hidden costs and are charged not based on the monetary value of your assets but on the work required.
Customised
Solutions
Our financial experts will understand your objectives, criteria and restrictions to help you achieve your goals.
Reliable
We have been providing our services since 1924. British and Malayan Trustee’s reliability has transcended generations and has stood the test of time.