Priscilla Chin
Co-Founder & Managing Director

Qualifications

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• Qualified member of Singapore Institute of Chartered Accountants

• CPA Australia

​Education

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• MBA

Experience

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COMPLIANCE & CONTROL 

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​ComplianceDirect Consulting Pte Ltd (2016 – now)

​Co-Founder and Managing Director

• Established the compliance consulting company in Singapore to provide compliance and control advisory and support services to banks, licensed corporates and financial services companies.

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​Standard Chartered Bank (2014 – 2017)

Managing Director, Global Head of Compliance Assurance & Central Compliance, Group Compliance

(2015-2017)

• Held responsible to uplift, build and resource the created function, to support the Group Compliance to deliver its overall compliance agenda, and to discharge its assurance obligations, as a second line control function;

• Managed and developed the compliance assurance framework, policies, procedures and processes to support (i) compliance management information; (ii) compliance risk management (i.e. compliance risk assessment and risk analytics); (iii) compliance process & risk control (i.e. compliance operational risk control and regulatory obligations management) and (4) compliance assurance review;

• Managed a team of compliance professionals at the global office and regional compliance review teams (i.e. GCNA, ASA, AME, Europe and Americas), to execute the overall compliance assurance framework and review programme.

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Managing Director, Senior Compliance Advisor, Business Legal & Compliance GovernanceGroup Legal & Compliance, Client Segments  (2014-2015)

• Provided compliance advisory and support to Group Compliance regarding compliance risk and governance processes and initiatives.

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​The Bank of New York Mellon (2007-2013)

Managing Director, Head of Compliance & Ethics, Asia Pacific

• Held responsible and built a team of professional compliance officers to provide compliance advisory, oversight and support to BNY Mellon business groups (i.e. asset servicing, corporate trust, treasury service, global markets, global collateral services, wealth management, global client management group) and business partners (i.e. technology services group, human resources, finance) across the branches and representative offices in 14 locations – Bangkok, Beijing, Hong Kong, Jakarta, Kuala Lumpur, Manila, Melbourne, Mumbai, Seoul, Shanghai, Singapore, Sydney, Taipei, Tokyo;

• Supervised the establishment of the APAC AML/CFT and sanctions compliance function (an integral part of compliance and ethics) and the implementation of a consistent AML surveillance transaction monitoring review programme across the region. Set-up the APAC AML/CFT oversight committee and served as its chair;

• Set up and drove the APAC Risk Oversight committee and served as co-chair until the regional chief risk officer was appointed in 2010. Also, served as the Compliance representative and member in various regional and country risk and governance committees and business acceptance committees.

​Citi Bank N.A (1998-2007 & 2014)

In-Business Control (“IBC”) Project Manager, Asia Pacific Consumer, seconded to Citibank Korea Inc. (2014)

• Provided advisory, guidance and support to the local IBC team on a short-term assignment, to further strengthen the overall efficiency of the IBC structure, internal control processes and governance.

​Regional Compliance & Control Director (2000-2007)          
Global Consumer Group, Asia Pacific

• Formulated the framework, policies and procedures to support the wealth management (investment, treasury and insurance) products & sales compliance and control programme; built a team of investment compliance officers to provide compliance advisory and support to the wealth management businesses across the region;

• Led and managed the mergers and acquisitions activities for Asia Pacific consumer compliance function in the region;

• Led the “new-to-region” product approval process through the Regional Wealth Management Product Review committee.

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​Country QA Head, Singapore (1999-2000)
Global Corporate & Investment Bank | Global Consumer Bank

• Managed the integration process of the combined corporate and consumer quality assurance (“QA”) departments and ensure seamless and consistent execution of control practices across GCIB and GCB;

• Designed and automated the entire compliance and control self-assessment testing, submission and issue tracking processes by implementing an integrated system, being the “first-of-its-kind” in the bank.

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Quality Assurance & Internal Control Head, Singapore (1998-1999)
Global Corporate & Investment Bank

• Developed a risk-based QA review schedule that covered business and operations in custodial services, trade operations, corporate finance, syndicated loan processing, treasury front office and operations, products & marketing units in Singapore and the regional cash processing hub;

• Led the Business Risk and Compliance committee and responsible to maintain an effective issue tracking and escalation process;

• Supervised the management of internal control functions (i.e. nostro account reconciliation process, trade confirmation, general ledger accounts proofing).

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INTERNAL AUDIT 

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​Standard Chartered Bank (1996 – 1998)
Senior Auditor, Group Audit, Asia

• Held regionally responsible for on-site audits covering the corporate banking (including financial institutional banking), markets (treasury, investment and merchant banking) and personal banking in Asia.

​Citibank N.A. (1993 – 1996)

Senior Auditor, Corporate Audit, South Asia

• Held regionally responsible for on-site audits of Citibank’s operational and regulatory compliance in Brunei, Indonesia, Malaysia, Singapore and Thailand covering custodial services, regional cash processing, corporate loans and trade services, corporate finance & capital markets, offshore booking, treasury, equity investments, liability products, credit card operations, general services, quality assurance, private banking operations and fiduciary (corporate and private banking).