Anti Money Laundering jobs in Singapore

Founded in 2015, FOMO Pay is a Major Payment Institution licensed in Singapore, Hong Kong and the United Arab Emirates (UAE). The firm has become a leading one‑stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia's fully licensed financial platform, helping institutions and businesses connect between traditional and next‑generation financial services.

The firm offers three flagship products:

• FOMO Payment – One‑stop digital payment solution for merchants, corporates and financial institutions
• FOMO iBiz – Facilitate businesses' everyday requirements for transactional banking needs
• FOMO Treasury – One‑stop digital asset services provider bridging Web 2.0 & Web 3.0

Visit www.fomopay.com for more information.

For recruitment inquiries, contact recruitment@fomopay.com.

At FOMO Pay, we are dedicated to pushing the boundaries of what is possible in digital payment and global banking solutions. We are seeking forward‑thinking individuals who share our passion for innovation and are eager to be at the forefront of industry disruption. In our transformation journey, you will have the opportunity to work alongside visionary leaders who have an exceptional track record of shaping the future of digital payments and global banking technologies. We also believe in unlocking the potential in every individual - we offer an inclusive, supportive, and continuous learning culture where everyone can grow to be their best selves and advance in their personal and professional goals. Join our team and be a part of an exciting evolution in the industry.

As a Compliance Officer (KYC), you will serve as a subject matter expert in client due diligence, ensuring the firm adheres to MAS AML/CFT regulatory standards (including Notice 626/PSN01). You will be responsible for the full lifecycle of the KYC process—from high‑priority onboarding to periodic reviews—while meticulously analyzing daily screening alerts for sanctions, PEPs, and adverse media. This role requires a proactive partner who can provide clear guidance to business units, manage key risk indicators (KRIs), and adapt swiftly to evolving Fintech landscapes. The ideal candidate blends technical expertise with strong interpersonal skills to uphold the highest ethical standards in a fast‑paced, B2B environment.

• Prioritise and perform Know‑Your‑Customer (KYC) reviews (new client onboarding and periodic reviews) including conducting KYC‑related analysis.
• Collaborate with different Business Departments to assess KYC documentation requirements for clients, including advising and providing guidance on KYC‑related matters.
• Review and evaluate daily screening alerts generated by the KYC system (e.g., recent adverse events, sanctions events or Politically Exposed Persons (PEP)).
• Assist in generating reports to present Key Risk Indicators (KRI) to management.
• Contribute and assist in ad‑hoc projects undertaken by the Compliance Team (e.g., Remediation efforts, Audits, AML/CFT Trainings for employees, UAT testing for new systems).
• Demonstrate adaptability and promptness in adjusting to new Anti‑Money Laundering (AML) policies, processes, and system knowledge.

• Diploma/Degree in Accountancy, Finance or Business or other relevant qualification.
• Minimum of 3 years of experience in Know Your Customer (KYC) compliance, specifically Business‑to‑Business (B2B), within Fintech, Banking, or Major Payment Institution (MBFI).
• Solid working knowledge of the Monetary Authority of Singapore (MAS) Anti‑Money Laundering/Countering the Financing of Terrorism (AML/CFT) regulatory requirements.
• Exceptional attention to detail (Meticulous) and sensitivity in handling confidential client information.
• Proactive, creative, and resourceful problem‑solver with a demonstrated ability to adapt and improvise effectively in dynamic situations.
• Excellent interpersonal and communication skills (written and verbal), with a proven ability to collaborate effectively with diverse internal and external stakeholders, including different Business Teams.
• High ethical standards (Diligent and firm) with a strong commitment to compliance and integrity.
• Communication – Mandarin: Ability to communicate in basic Mandarin (verbal) to effectively liaise with Chinese‑speaking internal and external stakeholders.
• Ability to work effectively under pressure and contribute positively in a fast‑paced team environment. Familiarity with specific MAS regulatory notices, such as MAS Notice 626 or the Payment Services Notice (PSN01) – Added advantage.
• Possession of a recognized compliance certification, such as an ACAMS (Association of Certified Anti‑Money Laundering Specialists) certification – Added advantage.

• Competitive Compensation and Benefit Package
• Group Hospitalisation and Medical Insurance
• Fun and Dynamic Environment with plenty of learning and growth opportunities
• Career Advancement
• Professional Development Training Workshops
• Team Building Sessions