Manager, Risk & Compliance (Fintech Payment)

OXPAY SG PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading payment services firm is seeking a Manager for Risk & Compliance in Singapore. The candidate will oversee regulatory compliance, manage AML/CFT programs, and ensure adherence to local and international standards. Responsibilities include designing compliance plans, conducting staff training, and liaising on disputes. The ideal candidate has at least 5 years of experience in compliance within financial services and holds a relevant degree. The role is essential to maintaining high standards across all business operations, contributing to the company's growth journey.

Qualifications

• At least 5 years of experience in KYC, CDD, or AML compliance.
• Expert knowledge of Payment Services Act 2019 and local AML/CFT laws.
• Strong analytical skills to assess and mitigate risks.

Responsibilities

• Design and execute compliance plans.
• Manage AML/CFT programme adhering to standards.
• Liaise on chargeback disputes for fair resolutions.
• Conduct compliance training for staff.

Skills

Regulatory compliance

KYC, CDD, AML compliance

Critical thinking

Organizational skills

Communication skills

Education

University degree in Business, Law or related disciplines

Job description

OxPay Financial Limited is a leading payment company in Asia listed in the Singapore Stock Exchange. Its subsidiary, OxPay SG Pte Ltd is an MAS-licensed Payment Service Provider. Together with licensed payment subsidiaries in Malaysia, Thailand and Indonesia, the Group aims to become an ASEAN payment powerhouse by expanding to more countries in Southeast Asia.

We have an opportunity to invite a Payment-talent to join our exciting growth journey as a Manager, Risk & Compliance (Fintech Payment). The person will be based in Singapore but has responsibilities across all businesses.

Responsibilities

• Regulatory Compliance
• Design and execute compliance plans and lead compliance reviews
• Design and execute compliance plans and lead compliance reviews
• Keep abreast of regulatory developments and update business units of the latest requirements
• Maintain and update compliance policies, procedures and manuals to ensure compliance with local regulatory requirements and best practices
• Review business agreements and terms & conditions for alignment with laws and regulation
• Financial Crime
• Manage and execute company-wide AML/CFT programme to provide assurance on adherence to local and international standards and best practices
• Liaise on chargeback disputes and refund requests from merchants or its customers for a fair and transparent resolution
• Audit & Card Scheme Assurance
• Oversee technical and operational compliance with rules and regulations of card schemes like VISA and MasterCard
• Single contact point for regular internal audit toensure that requests for information are relevant to the audit scope and collated information are fit-for-purpose
• Other Duties
• Curate awareness materials and conduct regular compliance training to staff
• Handle ad hoc projects assigned by management

Requirements

• University degree holder in Business, Law or related disciplines
• Proven experience (at least 5 years) in KYC, CDD, or AML compliance, preferably within the payment services or financial services industry
• Expert domain knowledge proficiency in the Payment Services Act 2019, in particular AML/CFT/PF laws and regulation in Singapore
• Exceptional critical thinking and logical reasoning skills with attention to detail to analyse complex data, identify inconsistencies, and effectively assess and mitigate risks
• Excellent organizational skills with the ability to manage workload and prioritize tasks efficiently in a high-pressure environment
• Strong written and verbal communication skills for documenting findings, writing clear reports, and liaising effectively with internal teams
• Ability to work independently while contributing collaboratively within the Risk & Compliance Team
• Singaporeans or PRs only
• 5 days’ work week