MLRO, Senior AML Compliance Manager

TENPAY GLOBAL PTE. LTD.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A financial technology firm in Singapore seeks a sanctions compliance professional to develop and maintain its global sanctions program. The role involves acting as the Money Laundering Reporting Officer, implementing AML programs, conducting risk assessments, and liaising with regulatory bodies. Candidates should have at least 6 years of AML/CFT experience and strong knowledge of regulations in Singapore. Proficiency in English and Mandarin is a requirement, and a university degree in a related field is preferred.

Qualifications

• At least 6 years of experiences in AML/CFT in payment or banking industry.
• Experience of being a Money Laundering Reporting Officer (MLRO) is preferred.
• Strong knowledge of AML/CTF related laws and regulations in Singapore.

Responsibilities

• Act as Money Laundering Reporting Officer (MLRO) for the payment institution.
• Develop, review, and monitor AML programs to ensure effectiveness.
• Conduct regular risk assessments to identify vulnerabilities.
• Oversee AML compliance matters and report to senior management.
• Liaise with regulatory bodies on AML inquiries and audits.

Skills

AML compliance

Risk assessment

Regulatory expertise

Team collaboration

Independent judgment

Multi-tasking

Proficiency in English and Mandarin

Education

University degree in Law, Accountancy, Finance, Risk Management or related discipline

CAMS certification

Job description

Business Unit

The S1 Legal & Administration Line functions as the backbone support system for corporate security, legal affairs, government affairs, administrative affairs, procurement, infrastructure, and corporate social responsibility.

What the Role Entails

A hands‑on sanctions compliance professional responsible for developing, implementing, and maintaining the global sanctions program of a tech group. The role combines policy ownership, advisory support, risk assessments, investigations, and training — requiring both regulatory expertise and practical, operational experience in sanctions.

This is a hands‑on role, where the individual will contribute to the development, implementation and oversight of the AML program of payment institution (MPI).

• Act as Money Laundering Reporting Officer (MLRO) and the responsible manager for AML of the MPI
• Collaborate with internal stakeholders to develop, review, update, enhance, implement and monitor the AML programs (i.e. policies, procedures, controls and systems) to ensure its effectiveness
• Conduct regular risk assessments to identify potential areas of vulnerability and key areas of improvements;
• Closely collaborate with internal stakeholders to provide AML compliance advisory for various business and product developments
• Oversee and report key AML compliance matters to senior management, compliance committee, and board of directors of the MPI, as well as headquarter, proposing reasonable and effective remedial actions where necessary
• Liaise with relevant regulatory bodies, responding to inquiries, requests, and audits in relation to AML in a timely and accurate manner
• Maintain awareness of industry trends on AML compliance, emerging threats, and appropriate steps to mitigate the risks.
• Perform ad‑hoc tasks as requested by senior management.

Who We Look For

• University degree in Law, Accountancy, Finance, Risk Management or a business‑related discipline preferred
• Holder of CAMS certification is preferred
• At least 6 years of experiences in AML/CFT in payment or banking industry, experience of being a MLRO is preferred
• Strong knowledge of AML/CTF related laws and regulations in Singapore is a must
• Self‑motivated, excellent team work ability, ability to make independent judgment calls; ability to multi‑task and take responsibility in challenging situations
• Proficiency in English and Mandarin

Candidates with strong potential will also be considered where not all above qualifications could be met.