1 alternative title for "MLRO/Head of Compliance" using "en-US" language - Singapore - 3S Money

Description

We are seeking an experienced MLRO to to become an integral part of our dynamic team based in SingaporeOur mission3S Money is reinventing international business banking.

Founded in 2018, our mission is to help growing businesses send, receive and exchange money in over 190 countries.

With offices in five countries and over 190 employees, you'll be joining a high-energy, high-impact team that's achieved profitability and has a wealth of opportunity ahead.

Our cultureAt 3S Money, we believe in caring personally, staying curious and making an impact through collaboration not competition. Our culture is genuinely transparent with minimal hierarchy and a commitment to each employee's professional growth.
What you'll be doing

Drive strategy, framework and execution of 3S Singapore's Compliance program to ensure applicable regulatory requirements and risk requirements are being met comprehensively; present comprehensive reports to the executive leadership team and board members concerning matters of regulatory and compliance importance.

Lead oversight of all compliance and regulatory affairs at a global level, ensuring adherence to international anti-money laundering (AML) and counter-terrorist financing (CTF) regulations.

Develop compliance risk assessments and draft/amend policies and procedures for new products, services and activities.

Work collaboratively with cross functional partners, including Licensing, Legal, Policy, and Finance to support regional license expansion initiatives (e.g., new regional applications or license amendment applications) by providing necessary compliance materials, addressing queries and coordinating regulatory responses.

Be the point of contact for MAS, the local regulator and facilitate regulatory filings in accordance with local laws; and also the point of contact for the day-to-day implementation and execution of Compliance policies related to the Singapore region.

Work closely with the Global Compliance team to carry out General Compliance and Financial Crime Compliance operations such as customer onboarding, enhanced due diligence reviews, transaction monitoring, STR filing, sanctions screening, vendor reviews, business continuity etc.

In coordination with the Global Compliance team:

Maintain and execute risk-based Know Your Customer (KYC), transaction monitoring (both on-chain and off-chain), watchlist screening, and regulatory reporting procedures.

Lead the end-to-end implementation of new compliance tools, draft model documents, and perform annual model validation of KYC, transaction monitoring and sanctions screening tools to detect unusual activity and investigate and report suspicious activity in accordance with regulatory requirements.

Build relationships with relevant internal teams (product, sales, business development, customer success) to ensure that compliance queries are responded to in a timely manner and that such teams operate in accordance with the global compliance standards.

Oversee annual QA review and internal audits, coordinate responses to third-party audits and regulatory queries, and lead remediation efforts of any resulting findings and/or corrective actions in a timely manner.

Conduct annual risk assessments and make annual updates to policies, procedures, and other relevant program documents.

Work with Compliance leads across various jurisdictions to provide strategic planning, organizational structure, and focus areas to meet quarterly goals and key results.

Serve as the compliance Subject Matter Expert to the business, actively communicating cross-functionally to identify compliance gaps, implement controls, provide recommendations, and oversee any resulting corrective actions and program enhancements.

Prepare reports to the Global Head, senior management, and the Board of Directors to communicate all relevant compliance issues and escalate any important or high risk compliance issues.

What We're Looking For10+ years of relevant experience within a financial services/technology regulatory compliance role, law enforcement role, or government agency role with deep expertise in financial crimes compliance.2+ years of people management experience.

Experience with AML and sanctions program management.

Strong operational knowledge in building and running a sound compliance program, with hands-on knowledge and an understanding of regulatory requirements for Singapore.

Proven ability to understand complex AML and sanctions risk and operational issues and develop practical and risk-based solutions.
Ability to provide practical, strategic and business-oriented advice.

Ability to effectively present on AML and sanctions topics to internal and external parties, especially the Monetary Authority of Singapore.

Proven ability to oversee multiple concurrent projects.
Strong written and verbal communication skills; at ease communicating and presenting to senior management.
Ability to work independently and collaboratively.
Experience with technology and/or financial services companies.
CAMS or other equivalent certification preferred.

In return for your hard work:
Competitive Salary + plus stock options (after 12 months) & benefits Hybrid working setup in our wonderful city-centre office We foster non-BAU projects in our team, we want you to explore new avenues and expand your expertise to benefit your professional pathway & our teams.
And much, much more....Our commitment to youWe are an equal opportunities employer.
We make recruiting decisions based on your experience, skills and personality. Our passion and focus will always be to work with the best people. We're creating services for everyone, so it's imperative we work with everyone.

Our diverse team has been the foundation to our success in building more efficient products, making better decisions and establishing an all-inclusive place to work.

Applicants of all backgrounds are hugely encouraged to apply and discover the 3S way.

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