Key accountabilities:

Act as the Compliance Officer for Singapore office. Act as the contact person with MAS and to ensure regulatory reports are filed on time. Foster a strong compliance culture across the organization and promote risk awareness among all employees.

Key Deliverables:

Contribute to the development, implementation and ongoing maintenance of the Singapore business’s compliance framework, including its compliance policies and AML/CFT policies and procedures. Support the ongoing maintenance and enhancement of compliance systems, processes and controls. Assist with the preparation and completion of monthly compliance report, regulatory return and other compliance reporting requirements. Provide practical compliance advice to the business, including interpreting and explaining applicable regulatory requirements.. Lead the process of conducting ML/TF Risk Assessment for SG business. Assess inherent risks, control efficacy, residual risk and recommend appropriate mitigation actions to manage the risk. Lead the ML/TF risk assessment process for the Singapore business, including assessing inherent risks, control effectiveness and residual risks, and recommending appropriate risk-mitigation measures. Ensure Group policies and procedures are consistently implemented and appropriately aligned with Singapore regulatory requirements. Lead investigations into potentially suspicious activities and submit suspicious transaction reports to the relevant authorities, where required. Conduct regular compliance monitoring and controls testing, assess the design and operating effectiveness of controls, and recommend enhancements or remediation where necessary. Develop, maintain and monitor the annual compliance plan for the Singapore entity, ensuring the timely completion of planned activities, remediation actions and follow-up items. Conduct periodic reviews of policies and procedures to ensure they remain effective, up to date and compliant with applicable laws, regulations and regulatory guidance. Maintain and oversee key compliance registers, including those relating to gifts and entertainment, conflicts of interest, regulatory breaches, incidents and complaints.

Strong knowledge of, and practical experience with, Singapore’s regulatory requirements. Sound understanding of the Singapore regulatory environment and recognised compliance best practices. Demonstrated experience engaging with the Monetary Authority of Singapore (MAS) and managing MAS reporting and regulatory requirements. Experience working for a Capital Markets Services (CMS) licence holder and/or Major Payment Institution (MPI) licence holder is highly regarded. Comprehensive knowledge of Singapore’s AML/CFT regime, including customer due diligence and KYC, transaction monitoring, suspicious transaction reporting, sanctions risk management, and anti-bribery and corruption controls. Knowledge of international compliance standards and global regulatory practices is highly regarded. Strong analytical and problem-solving skills, with a high level of attention to detail. A positive and collaborative approach, with the ability to communicate effectively and work constructively across the organisation. A relevant university degree and professional qualification or certification in compliance, AML/CFT or a related discipline. Ability to manage competing priorities and perform effectively under pressure in a fast-paced environment.