Private banks, wealth managers looking to hire compliance officers in S’pore amid regulatory demands

Ms Daniella Koh, manager of compliance at Randstad Singapore, said aside from traditional financial institutions, payments, digital assets and investment firms have been very active in hiring compliance professionals. PHOTO: RANDSTAD
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SINGAPORE - Private banks, wealth and asset managers, as well as family offices in Singapore are upping their headcount for compliance officers amid increasing regulatory scrutiny.?

While there are no specific figures, recruitment consultants told The Straits Times that they have observed a higher demand among companies here in filling specific compliance roles in 2023, compared with 2022.

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