The Compliance Senior Manager / Director will be based in Singapore. As the Deputy Money Laundering Reporting Officer (“DMLRO”), you will report to the Singapore Compliance Officer, MLRO and act as the primary point of contact on day-to-day business activities in ensuring that the Company operates in accordance with all legal and regulatory requirements related to all aspects of financial crime compliance program e.g. Anti-Money Laundering, Counter Terrorist Financing, Sanctions Risk etc. You will actively assist the MLRO with the development, maintenance, training and continuous ongoing improvement of the financial crime risk management and oversight framework, monitoring and oversight of AML/CTF, sanctions and other financial crime risks. This includes ensuring that the entities are in compliance with applicable regulations & industry standards; actively managing operational, regulatory and reputational risks.
Responsibilities
- Develop and/or enhance the Singapore Compliance programme, covering all aspects of Financial Crime Compliance including key areas such as AML/CFT, Transaction Monitoring, Travel Rule/Value Transfer, etc;
- Lead the implementation and execution of the Singapore Compliance programme;
- Primary point of contact with internal stakeholders (eg. Legal, Payments, IT Security, Assurance, etc), external stakeholders and law enforcement agencies on any Compliance related queries;
- Provide regulatory / financial crime compliance advisory to business units;
- Monitor key developments in the industry or regulations and conduct necessary gap assessments against internal policies and procedures;
- Ensure operational excellence for ongoing compliance tasks and oversee the Singapore Compliance team in maintaining the firm’s ongoing regulatory obligations;
- Responsible for reviewing and/or approving KYC/CDD, EDD, Transaction Monitoring and related AML/CFT escalation;
- Oversee the review of the Digital Tokens against the relevant internal procedures and regulatory guidelines prior to its listing;
- Oversee the progress of Request-For-Information (RFI) from third parties such as Law Enforcement Agencies and partner financial institutions;
- Primary point of contact for any regulatory audits and quality assurance reviews
Requirements
- Strong understanding of the Payment Services (PS) Act, its subsidiary legislations, and applicable notices and guidelines;
- At least 7 years of experience in Regulator, Audit, Compliance roles, preferably within the Payments and/or Digital Payment Token (DPT) industry;
- Regulator or ex-regulator experience strongly preferred;
- Proficient in blockchain analytics tools such as Chainalysis and Merkle Science is a plus. Experience in compliance screening and monitoring tools and applications such as Lexis Nexis, Refinitiv (WorldCheck) is required.
- Strong technical knowledge in CDD/EDD, Transaction Monitoring and Sanctions;
- Excellent verbal and written communication skills;
- Good interpersonal skills and attention to detail;
- Proven leadership experience and step-up to take charge whenever required;
- CAMS or related Financial Crime Compliance certification is highly appreciated;
- A motivated self-starter, critical thinker and a good team player who thrives in a dynamic work environment with a willingness to learn.
