Governance & Fraud Specialist

Network For Electronic Transfers (S); Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

Network For Electronic Transfers (S) in Singapore seeks a seasoned risk and compliance professional to join its governance and fraud function. You will oversee risk, compliance, and audit activities, align with MAS requirements, and work with three lines of defense to protect the business.

Reporting to the Head of Governance and Fraud, you will lead strategic reviews, develop KRIs and BCPs, coordinate regulatory engagements, and coach teams to strengthen the control environment across NETS Group.

Qualifications

• Bachelor's in Finance, Accounting, Risk Management, or related field.
• Professional certification in risk management, internal audit, or internal controls.
• 4+ years of experience in risk management, internal audit, or internal controls.
• Strong knowledge of risk management principles and three lines of defense; familiarity with MAS, ABS PS Act, AML/CFT, TRM, BCM, PDPA/ data protection.

Responsibilities

• Provide strategic leadership to drive risk and compliance culture across NETS division.
• Serve as SME on operations risk, compliance, audits, governance; advise Head of NETS Business divisions.
• Lead independent reviews of operational processes to identify risks and ensure regulatory compliance.
• Oversee and drive risk and compliance programs (KRIs, BCP) and regulatory engagements.
• Coordinate internal and external audits, regulatory inspections, and assurance activities.
• Coach and develop risk/compliance capabilities across teams to strengthen control environment.

Skills

Regulatory compliance

Risk assessment

Internal audit

Communication

Education

Bachelor's in Finance, Accounting, Risk Management or related

Professional certification in risk management / internal audit

Job description

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Company: Network For Electronic Transfers (S)

The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers and banks across the entire payments value chain.

The Group operates Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments using their ATM cards or mobile devices at more than 130,000 acceptance points in the country as well as online payments.

Position Summary

Reporting to the Head of Governance and Fraud, this role is 1.5 line of defense responsible for driving a strong risk and compliance culture across the division. The successful candidate will ensure alignment with external regulatory requirements and internal risk frameworks, while overseeing all risk, compliance, and audit activities within the NETS business.This position works closely with NETS stakeholders across the three lines of defense to ensure operational integrity and compliance excellence.

Key Responsibilities

Provide strategic leadership and oversight to drive a strong risk and compliance culture across NETS business teams within the division, ensuring consistent awareness, accountability, and adherence to regulatory requirements, enterprise risk frameworks, and internal policies.

Serve as the senior subject matter expert and trusted advisor on operations related risk, compliance, audits, governance matters, providing guidance to Head of NETS Business divisions and key stakeholders.

Lead independent and critical reviews of operational processes to identify emerging and key risks, assess the effectiveness of mitigating controls, and ensure compliance with regulatory expectations and industry best practices.

Partner with NETS business teams and senior stakeholders to oversee and drive the effective execution of risk and compliance programmes, including:

• Key Risk Indicators (KRI) reviews and reporting
• Business Continuity Plan (BCP) reviews and testing

Provide leadership in managing MAS regulatory engagements and inquiries, ensuring timely escalation, effective stakeholder coordination, comprehensive responses, and successful closure of all regulatory matters.

Direct and coordinate division-wide readiness and engagements for internal audits, external audits, regulatory inspections, and assurance reviews, ensuring robust governance and control standards are maintained.

Champion the development of risk and compliance capabilities across NETS business teams through coaching, training, and knowledge sharing initiatives to strengthen the overall control environment.

Build and maintain strong partnerships with senior stakeholders across Business, Risk and Compliance, Internal Audit, and regulatory functions to drive governance excellence, support strategic initiatives, and enhance the division’s risk management maturity.

Requirements

• Bachelor’s in Finance, Accounting, Risk Management, or a related field; professional certification in risk management, internal audit, or internal controls.
• 4+ years of experience in risk management, internal audit, or internal controls.
• Strong working knowledge of risk management principles and the three lines of defense model. Strong familiarity with MAS payment service act regulations, ABS specific to PS Act & Regulations; AML/CFT Notices; Technology Risk Management (TRM); Cyber Hygiene Notice; Third-Party Risk Management (TPRM); Outsourcing Guidelines; Business Continuity Management (BCM); PDPA/Data Protection.
• Self‑motivated, independent, and equipped with strong verbal and written communication skills.

Network for Electronic Transfers (Singapore) Pte Ltd.