Responsibilities
- Lead and manage the Compliance framework of the company business such as review of KYC and AML sanctions policies, and provide recommendations of suitable control measures and procedures
- Integrate the AML policy and procedures into a global policy and framework
- Set up proper procedures to allow various compliance personnel across the globe to work together
- Oversee and manage compliance teams in group companies
- Manage the regulatory licenses in the relevant jurisdictions
- Supervise onboarding process and ongoing monitoring of all services and developing risk management strategies, if necessary
- Prepare reports to senior management on key compliance issues
- Handle the internal and external compliance audit
- Evaluate the impact of ‘Monetary Authority of Singapore’ (MAS) consultation papers on business as well as related regulations in the areas related to our business
- Develop training materials to educate entire company, if necessary, to ensure highest level of compliance
- Review operational functions to enforce compliance with the relevant regulations
Requirement:
- At least 4 years of prior experience in compliance, auditing or risk management
- Bachelor’s degree in Business Law, Banking, or Finance from recognized institutions
- Conversant with CDD/EDD processes for individuals, corporates and merchants
- IT savvy in the use of compliance tools, systems and applications coupled with good knowledge of payment solutions
- Excellent communication and people skills to liaise with various levels of stakeholders
- Professional certification (e.g., Certified Anti Money Laundering, Certified Regulatory Compliance Manager) is a plus
- Being proactive, diligent, and resourceful
