Compliance Executive
About this job
About Us
Woori Bank is one of South Korea's leading global financial institutions, with more than 100 years of history and a strong international presence. We are establishing the Internal Control Support Centre within our Asia Regional Headquarters to strengthen the internal control frameworks of our overseas offices across Asia. We are looking for detail-oriented professionals who can work in a global banking environment with strong ownership and professional expertise.
About the Internal Control Support Centre
The Centre prevents and mitigates internal control, compliance and regulatory risk across Woori Bank's overseas subsidiaries and branches in Asia ("the covered offices"), and helps to strengthen the Bank's culture of compliance.
The Centre is an independent control function and forms part of the Bank’s second line of defence. It supports covered offices in establishing their internal control frameworks and in redesigning local arrangements in line with Head Office policies and standards. Under an annual review plan, the Centre conducts periodic on-site reviews, requires remediation plans for identified deficiencies, and verifies their completion. It also oversees the compliance activities of Compliance Officers at covered offices and delivers internal control training to compliance personnel across the region. Regional internal control trends identified through these activities are analysed to inform Head Office compliance policy and framework enhancement.
The Centre will commence full operations in January 2027 and covers subsidiaries and branches across the Asia-Pacific Region. You will be part of a newly established team working closely with Head Office Compliance in Seoul and with compliance personnel across the region. We look for those who are able to adapt to a changing regulatory landscape.
Job Responsibilities
• Conducting internal control effectiveness reviews and compliance monitoring of the covered offices
• Supporting the operation of internal control frameworks at the covered offices, in line with the Head Office’s internal control policies and standards
• Supporting the oversight of Compliance Officers at the covered offices and liaising with Head Office Compliance
• Preparing internal control training materials and supporting their delivery to compliance personnel across the region
• Monitoring internal control and regulatory developments across the region and preparing reports for the Head Office
• Supporting other internal control and compliance matters as assigned by the Centre
Qualifications
• 2–5 years of experience in compliance, audit, legal or risk management within banking or financial services (with a bachelor’s degree or above in a related discipline)
• Familiarity with banking regulatory requirements
• Effective written and verbal communication skills in English, with experience preparing reports
• Ability to handle multiple tasks simultaneously
Market insight
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The employer lists 4 000 – 5 500 $ for this role at WOORI BANK in Singapore. For comparison, the local market median is about 4 800 $ based on 75 102 similar offers.
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