Financial Compliance Head-Singapore

Lazada; Singapore; On-site; SGD 150,000 - 200,000; Full time

Job summary

A leading e-commerce platform in Singapore seeks a Financial Compliance Leader responsible for managing compliance across various markets. Ideal candidates should have over 15 years of financial regulatory experience, particularly in Southeast Asia, and possess strong leadership capabilities. This role involves engaging with regulators, managing compliance teams, and ensuring adherence to regulatory frameworks while fostering a culture of compliance.

Qualifications

• 15+ years of Financial Regulatory experience, especially in Southeast Asia.
• Knowledge of FinTech domains like payments, lending, and insurance.
• Experience interacting with regulators across Southeast Asia.

Responsibilities

• Manage the AIDC Financial Compliance team.
• Spearhead financial services market entry in new markets.
• Lead regulatory engagements and manage licence applications.

Skills

Financial Regulatory experience

Leadership

Stakeholder management

Attention to detail

Job description

Overview

Based in Singapore, the Financial Compliance Leader for Alibaba International Digital Commerce (AIDC) will have overall responsibility in ensuring compliance with relevant financial regulatory requirements across AIDC’s new and existing markets, developing and maintaining group compliance frameworks, and advising internal stakeholders on compliance matters and regulatory strategy, including:

Responsibilities

• Managing the AIDC Financial Compliance team
• Spearheading financial services market entry in new markets for AIDC e-commerce platforms, namely – Lazada, AliExpress, and Daraz
• Leading regulatory engagements and coordinating preparation of licence applications;
• Providing timely and quality regulatory advice for negotiations on strategic, complex and high value deals;
• Advising on payments / financial services regulatory matters, and assisting in the development and rollout of new products, features, and businesses lines;
• Partnering with internal stakeholders to develop and maintain group compliance frameworks where relevant, including (but not limited to) – technology risk, business continuity, outsourcing, human resources, privacy, and consumer protection policies in line with regulatory expectations and requirements;
• Coordinating incident management (e.g., responding to regulatory investigations / inspections by authorities / assisting in PR incident responses);
• Preparing for, and managing, audits and inspections by relevant regulators;
• Implementing group-wide financial compliance programs and training for internal stakeholders;
• Being the group champion in driving a culture of compliance.

Qualifications

• 15+ years of Financial Regulatory experience (added advantage if the candidate has extensive relevant experience at a financial regulator in Southeast Asia and at a FinTech or international technology company)
• Working knowledge of the three FinTech domains - payments, lending, and insurance - will be a plus
• Extensive experience interacting with regulators across Southeast Asia
• Track record of leadership, influencing, independent thought, a keen eye for detail, and the ability to manage c-suite stakeholders
• Ability to thrive in a fast-paced, multi-lingual and multi-cultural, startup environment where ambiguity and change is the norm