Responsibilities:
1. Implement and maintain effective compliance framework, policies and internal controls for adherence to MAS requirements.
2. Monitor and maintain enterprise-wide risk assessment procedures and AML/CFT & KYC checks on a continual and timely basis.
3. Keeping abreast on all regulatory updates & support management and business lines on compliance issues.
4. Perform investigations and review suspicious transactions/ alerts. Carry out proper escalations and file Suspicious Transaction Reports (STRs) with relevant authorities as necessary.
5. Support any matters related to licensing.
6. Develop internal controls and policies to ensure all compliance needs across all spheres of activity in the company are met.
7. Complies legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions.
Person Specifications:
1. Experience and background in AML program implementation in Payment and Remittance and fintech environment have an added advantage
2. Holds minimally a Bachelor Degree in Law /Finance/Compliance or any other equivalent qualifications
3. Strong verbal and written communication capabilities and is driven with agile problem-solving skills that thrives in ambiguous environment independently
4. Familiar with Accuity Screening Software.
Requirements:
Master degree in Finance or Compliance
- 5+ years of experience in trade compliance
- Strong analytical and problem-solving skills, with the ability to think creatively and develop innovative solutions
- Excellent written and verbal communication skills, with the ability to effectively communicate with stakeholders at all levels
- Ability to work independently and as part of a team in a fast-paced, deadline-driven environment
- Experience with trade compliance management software programs
