Compliance Officer (KYC)

FOMO PAY PTE. LTD.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading digital payments firm in Singapore is looking for a KYC/AML professional to facilitate compliance reviews and documentation. The role requires minimum 3-5 years in the financial industry, strong understanding of regulatory requirements, excellent communication skills, and a proactive approach. Join a dynamic environment with opportunities for growth and learning.

Benefits

Competitive Compensation and Benefit Package

Group Hospitalisation and Medical Insurance

Career Advancement

Professional Development Training Workshops

Qualifications

• Minimum 3-5 years of KYC/AML experience in the Financial industry.
• Solid understanding of MAS’ AML/CFT regulatory requirements.
• Ability to work effectively under pressure in a team environment.

Responsibilities

• Prioritize and perform Know-Your-Customer (KYC) reviews.
• Collaborate with different Business Departments to assess KYC documentation.
• Review and evaluate daily screening alerts generated by KYC system.

Skills

KYC/AML experience

Excellent communication skills

Problem-solving

Meticulousness

Education

Diploma/Degree in Accountancy, Finance or Business

Job description

Join and Grow with us!

At FOMO Pay, we are dedicated to pushing the boundaries of what is possible in digital payment and global banking solutions. We are seeking forward-thinking individuals who share our passion for innovation and are eager to be at the forefront of industry disruption. In our transformation journey, you will have the opportunity to work alongside visionary leaders who have an exceptional track record of shaping the future of digital payments and global banking technologies. We also believe in unlocking the potential in every individual - we offer an inclusive, supportive, and continuous learning culture where everyone can grow to be their best selves and advance in their personal and professional goals. Join our team and be a part of an exciting evolution in the industry.

Key Responsibilities:

• Prioritize and perform Know-Your-Customer (KYC) reviews (new client onboarding), including conducting KYC periodic reviews

• Collaborate with different Business Departments to assess KYC documentation requirements for clients, including advising and providing guidance on KYC-related matters

• Review and evaluate daily screening alerts generated by KYC system (e.g recent adverse events, sanctions events or Politically Exposed Persons (PEP))

• Assist in generating reports to present Key Risk Indicators (KRI) to management

• Contribute and assist in ad-hoc projects undertaken by the Compliance Team (e.g Remediation efforts, Audits, AML/CFT Trainings for employees, UAT testing for new systems)

• Demonstrate adaptability and promptness in adjusting to new Anti- Money Laundering (AML) policies, processes, and system knowledge

Requirements:

• Diploma/Degree in Accountancy, Finance or Business or other relevant qualification

• Minimum 3-5 years of KYC/AML experience in the Financial industry with an understanding on SOW /SOF. Able to perform due diligence during onboarding with experience in conducting KYC for corporate entities (e.g Banking Financial Institutions, / Non-Banking Financial Institutions (NBFI), Funds, SMEs, Government Entities)

• Solid understanding of MAS’ AML/CFT regulatory requirements

• Proactive and problem-solver who is creative, with ability to adapt and improvise accordingly

• Meticulous and sensitive in handling clients’ information

• Ability to work effectively under pressure in a team environment

• Excellent interpersonal and communication skills (Candidate is expected to collaborate with different Business Teams)

• Diligent and firm with high ethical standards

Our Perks and Benefits:

• Competitive Compensation and Benefit Package

• Group Hospitalisation and Medical Insurance

• Fun and Dynamic Environment with plenty of learning and growth opportunities

• Career Advancement

• Professional Development Training Workshops

• Team Building Sessions