Senior Compliance Officer – CO and MLRO, Singapore

Posted 03 July 2022
Job type Permanent
DisciplineChief Operating Officer & Governance

Job Description

  • A growing Fintech firm

  • Strong passion in Fintech and cross border payment and financial services

  • Attractive salary and benefit

Our client is a FinTech leader in b2b cross-border payment and financial services, focusing on providing SMEs with one-stop service. This key hire in Singapore will work closely with other CO/MLROs in other regions and risk management/compliance departments in HQ. Report to CRO in HQ.

Key Responsibilities

  • Formulate and update the internal compliance policies and framework based on Company’s business needs, financial institutions partners and regulatory requirements

  • Liaise with partnering financial institutions in Singapore and other SEA countries to understand their risk control requirements, and demonstrate the Company’s overall capabilities in risk management. Answer adhoc questions from partnering financial institutions.

  • You will be the CO and MLRO of the Singapore company, acting as the point of contact with the regulators, providing compliance advice to the business and investigating cases of exception.

  • Work closely with other CO/MLROs in other regions and risk management/compliance departments in HQ. Report to CRO in HQ.

  • Assess the Company’s overall risk, and support internal and external risk audits

  • Provide opinions on compliance and risk control for the Company’s business, as well as identifying the compliance risks of existing business models, products, marketing activities etc.

  • Provide compliance assessment and risk control solution for new business launch and operations

  • Establish, promote and enforce compliance principles and rules in Singapore and provide regional Compliance support.

Key Requirements

  • 5-8 years’ solid experience in cross border AML, financial crime prevention, sanctions compliance functions, preferably three years in banking, payment, cross border financial services or FinTech industry.

  • In-depth knowledge in local regulations and b2b payment practices in Singapore and Southeast Asia countries.

  • Degree in law, finance, economics, or business related disciplines preferred.

  • Inhouse compliance experience in a payment business or financial services business will be highly advantageous, and due to the nature of the role, you should have a strong understanding of PSA.

  • Proficiency in written and spoken English and Chinese as need to maintain dialogue with different teams in HQ in Shanghai

  • Strong communication skill

  • Willing to learn and able to work under pressure


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