Executive Director - Statutory Reporting - MAS licensed payment institution.

Michael Page Singapore; Singapore; On-site; SGD 180,000 - 280,000; Full time

Job summary

Michael Page Singapore is seeking a Statutory Executive Director for a MAS-licensed payments firm. You will serve on the Board, guiding strategic direction and long-term growth, while ensuring compliance with the Payment Services Act and MAS regulations.

You will oversee enterprise risk management, AML/CFT, sanctions, governance, and review policies, budgets, and material transactions. This role offers direct engagement with regulators, auditors, and stakeholders in a high-growth fintech

Qualifications

• Proven Director-level or C-suite experience within a MAS-regulated financial institution.
• Strong knowledge of the Payment Services Act and AML/CFT frameworks.
• Demonstrated track record in governance, risk management, and regulatory engagement.
• Ability to satisfy MAS Fit & Proper requirements including integrity and financial soundness.
• Board-level communication and stakeholder management skills.

Responsibilities

• Serve on the Board of Directors and shape strategic direction and long-term growth.
• Ensure compliance with the Payment Services Act, MAS regulations, and governance requirements.
• Oversee enterprise risk management, AML/CFT, sanctions compliance, and fraud controls.
• Review and approve policies, budgets, business plans, and material transactions.
• Provide guidance to management on business performance and regulatory matters.
• Engage with regulators, auditors, and external stakeholders as required.
• Support a culture of compliance, integrity, and sound governance.
• Participate in Board and committee discussions including risk, audit, and compliance.

Skills

Board-level communication

Governance

Regulatory engagement

Risk management

Stakeholder management

Commercial judgment

Job description

• Board-level opportunity in a growing MAS-licensed payments business
• Shape strategy and growth as a Director of a MAS-licensed firm

About Our Client

The organisation is a Singapore-based payment institution regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act. The company provides cross-border payment and remittance solutions to individual and corporate clients and is focused on expanding its presence within the fast-growing payments and fintech ecosystem.

Job Description

As a Statutory Executive Director, you will:

• Serve on the Board of Directors and contribute to the company's strategic direction and long-term growth plans.
• Ensure compliance with the Payment Services Act, MAS regulations, and all applicable governance requirements.
• Oversee enterprise risk management, AML/CFT frameworks, sanctions compliance, fraud controls, and internal governance processes.
• Review and approve policies, budgets, business plans, and material transactions.
• Provide effective challenge and guidance to management on business performance and regulatory matters.
• Engage with regulators, auditors, and external stakeholders where required.
• Support the development of a strong culture of compliance, integrity, and sound corporate governance.
• Participate actively in Board and committee meetings, including risk, audit, and compliance discussions.

The Successful Applicant

You must have:

• Proven experience as a Director, Chief Compliance Officer, MLRO, Chief Risk Officer, or senior executive within a MAS-regulated financial institution, payment institution, fintech, bank, or remittance business.
• Strong knowledge of the Payment Services Act, MAS requirements, AML/CFT frameworks, KYC/CDD processes, and regulatory compliance obligations.
• Demonstrated track record in risk management, governance, and regulatory engagement.
• Ability to satisfy MAS Fit & Proper requirements, including integrity, competence, and financial soundness.
• Strong commercial judgement, stakeholder management skills, and board-level communication capabilities.
• Prior Board, Audit Committee, Risk Committee, or governance experience will be highly advantageous.

What's on Offer

• Meaningful exposure to the growing cross-border payments and fintech sector.
• Direct engagement with shareholders, regulators, and senior industry stakeholders.
• Competitive remuneration package commensurate with experience and scope of responsibilities.
• Opportunity to establish yourself as a key leader within a high-growth regulated financial institution.

We welcome your application and look forward to discussing how your expertise aligns with this role.