AVP, Legal Regulatory Compliance (Payments Service/ MPI)

METACOMP PTE. LTD.; Singapore; On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a highly professional AVP in Legal Regulatory Compliance to join their dynamic team. This role is pivotal in navigating the complex regulatory landscape of payment services and digital assets. You will provide essential legal support, ensuring compliance with evolving regulations while collaborating with various stakeholders. Your expertise will help shape compliance strategies and drive the implementation of robust policies. If you are detail-oriented, resourceful, and ready to make an impact in a fast-paced environment, this opportunity is perfect for you.

Qualifications

• Min. 4 years PQE as in-house counsel or in Regulatory Compliance.
• Deep understanding of regulatory frameworks in fintech and payments.

Responsibilities

• Provide legal advice for payment services and digital assets.
• Manage compliance programs and ensure adherence to regulations.
• Conduct training on AML/CFT controls and regulatory expectations.

Skills

Regulatory Compliance

Legal Advice

AML/KYC

Stakeholder Consultation

Analytical Skills

Education

Qualified Lawyer

Job description

• Qualified lawyers with min. 4 years PQE, either as in-house counsel or with Regulatory Compliance experience, preferably within Financial Services, Payment Services, Fintech environment.
• Working knowledge of regulatory frameworks or compliance experience in fintech, payments, or financial services.
• Deep understanding of regional regulatory frameworks and payment service compliance.

We are seeking a highly professional and experienced AVP, Legal Regulatory Compliance to be part of our Legal, Risk and Compliance Department in providing advice and support on a broad range of legal and regulatory compliance aspects of payments service compliance for our digital asset product, cross-border payments service and platform business.

This role is crucial in ensuring our operations remain fully compliant with all applicable regulations, payment services and connectivity requirements, while ensuring individuals within the team in keeping abreast of global regulatory changes that could affect our clients’ experience and business growth.

Responsibilities:

• Providing legal advice and support to the payment service business and other digital assets businesses in the region as needed, and assisting with related agreements and other documentation.
• Advising on regulatory matters impacting the payment business (including global and local regulations and relevant exchange rules) and keeping abreast of relevant changes in law or regulation;
• Supporting trading operations, product management, sales and marketing, technology & operations, to address legal and regulatory issues as they arise in day-to-day cross-border payment services activities
• Conduct comprehensive pre and post STR reviews and holistic risk assessment on customers’ relationships and their related parties, including but not limited to customers’ KYC profiles and transactional patterns
• Driving implementation of regulatory developments relating to payment services business including our digital assets business
• Manage compliance programs across multiple jurisdictions, ensuring full adherence to financial regulations and payment services rules.
• Serve as the key point of contact for regulatory authorities and payment services scheme, handling audits, licensing, and reporting requirements.
• Develop and implement robust policies and frameworks for AML, KYC, and regulatory compliance across the region.
• Collaborate with internal stakeholders to provide compliance guidance on new products and initiatives, ensuring regulatory alignment.
• Keep abreast and assess impact of evolving AML/CFT requirements and typologies and assist Business Units to develop procedures, processes and internal controls in order to manage risks and strengthen all line of defence
• Monitor changes in regulatory requirements, assess potential risks, and proactively adjust compliance strategies.
• Lead or conduct internal compliance training programs to ensure adherence to policies and regulatory expectations, including training to raise staff awareness on AML/CFT controls, trends and typologies.
• Participate in regulatory examinations, audits, and internal investigations as a subject matter expert on transaction monitoring and regulatory compliance.

Requirements:

• Qualified lawyers with min. 4 years PQE, either as in-house counsel or with Regulatory Compliance experience, preferably within Financial Services, Payment Services, Fintech environment.
• Working knowledge of regulatory frameworks or compliance experience in fintech, payments, or financial services.
• Deep understanding of regional regulatory frameworks and payment service compliance.
• Resourceful and analytical with strong interpersonal and communication skills
• Detail-oriented, proactive, and able to navigate complex regulatory environments.
• Experienced in consulting with stakeholders, including the skills to facilitate compromises and resolve conflicting requirements.
• Ability to work under pressure and manage to tight deadlines or unexpected changes in expectations or requirements