Head of Compliance - Fintech/Payment

Job Description:

• Formulate and update the internal compliance policies and framework based on the Company's business needs, financial institution partners, and regulatory requirements.
• Liaise with partnering financial institutions in Singapore to understand their risk control requirements, and demonstrate the Company's overall capabilities in risk management.
• Apply for the payment related license in Singapore.
• Act as the point of contact with the regulators, providing compliance advice to the business, and investigating cases of exception.
• Work closely with other CO/MLROs in other countries and regions and risk management/compliance departments in HQ. Report to the CRO in HQ.
• Assess the Company's overall risk, and support internal and external risk audits.
• Provide opinions on compliance and risk control for the Company's business, as well as identifying the compliance risks of existing business models, products, and marketing activities.
• Provide compliance assessment and risk control solutions for new business launches and operations.
• Establish, promote, and enforce compliance principles and rules in Singapore and provide regional Compliance support.

• Singaporean citizen / PR
• At least 10 years solid experience in cross-border AML, financial crime prevention, and sanctions compliance functions, preferably 3 years in payment, cross-border financial services, or the FinTech industry.
• In-depth knowledge of local regulations and B2B payment practices in Singapore.
• A degree in law, finance, economics, business, or other related disciplines is preferred.
• Proficiency in written and spoken English. Proficiency in Mandarin will be an added advantage.
• Analytical thinker with superior problem-solving skills.
• Strong communication skills.
• Willing to learn and able to work under pressure.