Head of Compliance & MLRO (Fintech/Digital Asset Payment)
Our client is seeking a highly skilled and experienced Head of Compliance to lead and manage the compliance function within their digital asset payment firm
Key Responsibilities:
- Ensure that policies, procedures, and systems are in place to comply with local and international regulations, including those related to digital assets, AML/CFT, KYC, and sanctions.
- Stay abreast of evolving regulations in digital payments and cryptocurrency, and ensure that the company is compliant with relevant laws, including financial services, data protection, and money laundering regulations.
- Perform regular risk assessments, identifying potential areas of vulnerability, and work with internal teams to mitigate risks related to digital assets, payments, and transactions.
- Develop and maintain an effective anti-money laundering (AML) and counter-financing of terrorism (CFT) program, ensuring strong customer due diligence (CDD), transaction monitoring, and suspicious activity reporting.
- Implement and oversee internal systems for monitoring suspicious transactions, working closely with the operations team to identify, investigate, and report unusual or potentially illicit activities.
- Act as the primary liaison with regulators, auditors, and other external stakeholders, ensuring timely and accurate regulatory filings and reports.
- Develop and conduct training programs for employees on compliance, AML/CFT, and regulatory issues to ensure company-wide adherence to legal and internal standards.
- Conduct periodic compliance audits and reviews to assess the effectiveness of the compliance program and ensure adherence to policies and procedures.
- Create, maintain, and update company compliance policies, ensuring that they are in line with regulatory changes and best practices in the digital asset and payments industry.
- Work closely with legal, product, operations, and business development teams to ensure that compliance considerations are integrated into the development and deployment of new products and services.
Qualifications and Skills:
- Bachelor’s degree in Law, Finance, Business, or a related field (Master’s degree or relevant certifications such as CAMS or CFE preferred).
- 8+ years of experience in compliance, risk management, or legal roles within the financial services, fintech, or digital asset industries, with at least 3 years in a leadership role.
- Strong understanding of digital asset regulations, payments, blockchain technology, and cryptocurrency.
- In-depth knowledge of AML/CFT regulations, KYC processes, and risk management frameworks.
- Experience working with regulators and handling regulatory filings and audits.
Office Location: Singapore, Central
Interested candidates kindly forward your CV to [email protected] (Ethel Tan Seok Khoon, Reg No: R2096281). Feel free to forward this great opportunity to someone who would be a great fit for this role.
All information will be kept strictly confidential. We regret to inform that only successful applicants will be contacted.
PeopleSearch Pte Ltd
EA License No: 16S8057
