Head of Compliance - Singapore

Lorum; Singapore; On-site; SGD 125,000 - 150,000; Full time

Job summary

A leading financial institution in Singapore is seeking a Head of Compliance and Money Laundering Reporting Officer (MLRO) to manage and enhance their compliance framework. The ideal candidate will have over 8 years of experience in financial crime and regulatory compliance at a Major Payments Institution. Responsibilities include defining compliance programs, overseeing suspicious activity reporting, and training staff on AML standards. This is a dynamic role that supports compliance across evolving regulatory landscapes.

Qualifications

• 8+ years experience in financial crime and regulatory compliance at a Major Payments Institution.
• Knowledge of Singapore financial services and financial crime regulations.
• Understanding of global anti-financial crime frameworks.

Responsibilities

• Define and manage the domestic Compliance and Financial Crime programme.
• Oversee suspicious activity reporting to regulators.
• Train staff on Financial Crime and AML typologies.

Skills

Financial Crime analysis

Risk management

Regulatory compliance

Data analysis

Job description

About The Company

Global payments are not broken. Incentives are. Clearing has been deprioritised inside balance sheet driven institutions whose models rely on lending and interest. When liquidity takes priority over settlement, payments slow and certainty drops. The same financial institutions that distort clearing as providers are disadvantaged as users. They are forced into fragmented setups, inconsistent rails, duplicated compliance, and unpredictable timelines. Stablecoin shortcuts and treasury pooling treat symptoms at the surface, but almost no one is rebuilding the underlying infrastructure in each market.

About Lorum

We are rebuilding clearing as its own specialist function. We act as a clearing and transaction banking partner for regulated institutions, with treasury built into the core so liquidity, settlement, and reconciliation sit in one controlled system.

Our platform unifies global and local licenses, direct central bank clearing, and domestic rails. We allow clients to open named customer accounts in every market we operate, collecting funds and paying out through a single network while retaining full ownership of their customer relationships. Market expansion becomes as simple as one correspondent relationship, not hundreds.

Rebuilding clearing from the ground up

We are rebuilding clearing as its own specialist function. We act as a clearing and transaction banking partner for regulated institutions, with treasury built into the core so liquidity, settlement, and reconciliation sit in one controlled system.

Why Lorum

Joining Lorum means contributing to one of the most ambitious clearing infrastructure projects in global finance. You will help shape settlement systems that perform under real regulatory standards and institutional volumes. You will build for regulated institutions that rely on precision, predictable timelines, and regulatory integrity. It is about working across currencies, markets, and supervisory frameworks to deliver reliable, final settlement.

About The Role

Compliance is at the heart of Lorum's success. We’re seeking a Head of Compliance and Money Laundering Reporting Officer (MLRO) to lead our Singapore compliance team. You’ll shape our domestic compliance framework, tackle money laundering risks head‑on, and keep us ahead in this fast‑moving space.

Working directly for the Chief Compliance Officer, you will receive significant exposure to our Group compliance and financial crime strategy. As a growing Clearing House, your role may change from day to day and you’ll need to be able to adapt to an evolving environment. As a result, we’re looking for a forward thinking leader who can implement, use and oversee innovative technology to help the firm continue with its growth and operate effectively at scale.

Key Responsibilities

• Define, build, and manage our domestic Compliance and Financial Crime programme, collaborating with our Group Compliance team to make it world‑class.
• Set customer onboarding standards aligned with domestic regulations.
• Oversee domestic suspicious activity reporting — both internal escalations and external filings to regulators.
• Train staff on Financial Crime and AML typologies arising from Asia.
• Regulatory liaison with MAS.
• Support new product launches, ensuring we stay compliant.
• Work with our Group compliance teams to recommend innovative solutions to streamline and automate compliance‑related processes.

Ideal candidate

• 8+ years experience.
• Financial Crime (AML/CTF and Sanctions) and Regulatory Compliance experience at a Major Payments Institution.
• Knowledge of Singapore financial services and financial crime regulations.
• Knowledge and understanding of global anti-financial crime frameworks, regulatory recommendations, risk management good practice, safeguarding, cyber security and control arrangements in a financial organisation.
• The ability to analyse data and compliance processes to draw conclusions and make recommendations.