Compliance Officer - Singapore - FasterPay

Description

FasterPay is looking for a Compliance Officer, who wants to level-up their career in the payment industry. If you are highly motivated and have experience in maintaining compliance programs, we are hiring for a Compliance Office to join our team in Singapore.


Responsibilities

• Ensure that the company meets compliance and license requirements in Singapore;
• Act as the liaison to interact with Singapore regulators and relevant industry associations
• Lead, coordinate and monitor regulatory inspections, investigations, thematic reviews, inquiries, selfassessments, surveys, questionnaires, and consultations to ensure timely and quality submissions;
• Maintain compliance programs for regulated entities, encompassing all business lines and legal entities for which corporate compliance is responsible for daytoday operations;
• Responsible for regular reporting to various Financial Institutions (FI's) on compliance;
• Lead the preparation of audit and examination responses, including monitoring the completion of management commitments/corrective action;
• Check and ensure that all departmental procedures are current and in compliance with regulatory/agency requirements and company policy;
• Drive improvements in KYC, AML, privacy regulations, and general compliance awareness through the evaluation of needs, and delivering a training and development program, with input from compliance and riskbased monitoring programs.

Skills & Competencies Required

• A Bachelor's degree;
• At least 3 years of experience in a similar role within the payments business, financial institution, fintech company, financial regulatory agency, or professional services firms serving financial institution clients;
• Experience in and understanding of MSBs, merchant acquiring, gateway, multicurrency pricing solutions, emoney or wallet products, and services;
• Have an understanding of customer experience and make businessoriented recommendations to ensure compliance with key requirements;
• Proficiency in rules and regulations applicable to the payments and financial industry in Singapore;
• Strong analytical skills in evaluating and assessing legal, regulatory developments and compliance issues;
• Experience with OFAC and AML compliance. Knowledge of FATCA rules a plus;
• A legal background is a plus but is not required;
• Certified Anti-Money Laundering Specialist (CAMS) and/or Certified Regulatory Compliance Manager (CRCM) or similar certifications preferred;
• Since this role will be working with teams based in different cities, an Intermediate level of English is required. We are looking for someone who is able to write in, understand, and speak English comfortably;
• Availability and ease of travel.

Why join Fasterpay?

• If you are eager to take your career to the next level in the payment industry, this is the opportunity for you

We offer:

• Competitive compensation depending on experience and skills;
• Individual career path;
• High energy international innovative team;
• Annual assessments.

This role is the ideal opportunity for someone looking for new challenges that would allow them to make a noticeable, positive impact in the company while learning and adapting to our fast-paced scale-up environment.

As part of our growing team in Singapore, you will have a lot of opportunities to develop your career further with us.

With future expansion plans, now is a great time to join us on our journey to change the way we pay.

Benefits:

• Flexible schedule
• Work from home

Schedule:

• Day shift

Supplemental pay types:

• Performance bonus