Senior Compliance Officer

Responsibilities

• Ensure compliance with all applicable laws and regulatory requirements locally.
• Develop and implement compliance policies and procedures for the local entity to meet the requirements of MAS.
• Assess emerging issues and risks and promptly escalate issues to CEO and Group Compliance.
• Report compliance activities and audits to the Board.
• Ensure appropriate corrective actions are taken for deficiencies in the CMS and/or non-compliance.
• May delegate compliance activities to professionals but remain accountable for all responsibilities.
• Responsible to liaise with and perform relevant notification to relevant regulators.
• Develop and implement an AML/CFT policy that complies with applicable regulations.
• Conduct regular risk assessments to identify and mitigate money laundering and terrorism financing risks.
• Ensure timely and accurate reporting of suspicious activities to relevant authorities.
• Carry out and ensure the implementation of customer due diligence (CDD) and enhanced due diligence (EDD) procedures.
• Conduct KYT due diligence reviews in a timely manner and suggest potential action points.
• Maintain comprehensive records of all AML/CFT activities and reports.
• Stay updated with the latest AML/CFT regulations and best practices.
• Provide regular AML/CFT training to staff.
• Liaise with regulatory bodies and law enforcement agencies regarding AML/CFT matters.
• Other Adhoc tasks assigned by Group Compliance.

Requirements

• 8 to 10 years experience in Compliance and AML functions within the financial services sector (KYC/KYB/KYT experience in Fintech or blockchain related industry would be deemed an advantage).
• Knowledge and understanding of financial services regulations, compliance, policies, processes and procedures (Experience and knowledge in MAS Regulation would be deemed essential).
• Knowledge and experience of licensing applications of Capital Markets under MAS would be deemed an advantage.
• Proficiency in compliance applications and programmes such as Sumsub, Chainalysis etc.
• Interest in blockchain and digital assets, and willingness to work with other teams in a highly collaborative start-up fintech environment.
• Well organised, detail oriented, presentable and with excellent communication skills (both verbal and written) in English (Proficiency in Mandarin would be deemed an advantage for internal communication, since the company is a multinational one with many Tech employees who can speak Chinese only).
• Problem solving, time management, analytical, and investigative skills.
• Professional qualifications pertinent to the financial services sector (ACAMS, or equivalent AML certification).
• Demonstrated ability to analyse complex regulatory requirements and implement practical solutions.
• Exceptional communication and stakeholder management skills.
• Be open to performing other responsibilities associated with the position.