Rayson Tan

Chief Risk Officer Asia
Bank Pictet & Cie (Asia) Ltd

IBF Fellow (2020)

Compliance

"Whilst intentional learning is already a necessary agenda for companies and compliance officers, this becomes even more critical in a changing world, and continued investment will help build the skills and confidence needed for the eventual recovery"

Biography

Rayson is the Chief Risk Officer for Asia for Pictet and the accountable executive responsible for managing its key risks across Asia. Before his current role, he was Chief Compliance Officer, Chief Risk Officer and Head of Legal for global fintech scaleup Revolut, where he helped them secure their Major Payment Institution (MPI) license in Singapore. 

Rayson has 20 years of experience in financial services and after starting in corporate finance, found his calling in compliance and risk, and has been privileged to be trusted with increasingly senior leadership roles with 3 global banks, UBS Investment Bank, Deutsche Bank and Credit Suisse. 

At CS, Rayson was Managing Director in the Compliance & Regulatory Affairs Division and the Deputy APAC Head of Financial Crime Compliance where he led a large and diverse team in managing the financial crime risks for the Investment Bank and Private Bank. He spearheaded the use of innovative technology in compliance including using data science and technology to improve risk assessment, monitoring and the effectiveness and efficiency of compliance processes and controls.

Like Steve Jobs, Rayson believes that great things are never done by one person, they are done by a team of people and leadership has the responsibility of not just inspiring trust and creating vision but also developing others so they can succeed in their roles, grow their careers and adapt in an ever-changing world. Over the years, many that Rayson had mentored had gone on to be part of a wider compliance diaspora. 

Rayson has contributed to various industry initiatives and working groups through the Association of Banks of Singapore (ABS) and Private Banking Industry Group (PBIG). He has spoken at various industry forums on compliance topics and contributed to industry papers. He believes in the importance of giving back to the industry and has been a Director of the ACAMS Singapore Chapter since 2014. 

Rayson graduated from the University of London, and holds professional qualifications in Compliance (Private Wealth) from the International Compliance Association (ICA). He has been CAMS (Certified Anti-Money Laundering Specialist) certified since 2006.