Job Description

Funding Societies | Modalku is the largest SME digital financing platform in Southeast Asia. We are licensed in Singapore, Indonesia, Thailand, and registered in Malaysia. We are backed by Sequoia India and Softbank Ventures Asia Corp amongst many others and provides business financing to small and medium-sized enterprises (SMEs), which is crowdfunded by individual and institutional investors. And here at Funding Societies | Modalku we live by our core values:

• Serve with Obsession: Build win-win relationships for the long-term by having a customer obsession.
• Grow Relentlessly: Strive to become our best, most authentic selves.
• Enable Teamwork, Disable Politics: Only by forging togetherness, we help each other succeed.
• Test Measure Act: Stay curious and reinvent ourselves, through innovation and experimentation.
• Focus on Impact: Create impact through bias for action and tangible results.

We work closely with internal and external stakeholders to identify and assess underlying Compliance & Regulatory risks, to provide advice and solutions/controls to address related Compliance & Risk concerns. The new role will assist in the setting up of new regional and local Compliance frameworks and controls as well as review and enhanced established policies and procedures.

What you will do:

• Be the subject matter expert on Compliance-related and internal control matters, including but not limited to topics on regulatory, licensing, AML-CFT, risk-assessment, vendor reviews, business continuity, etc
• Provide practical compliance advice to the Group, covering but not limited to the business activities across the different entities and units
• Participate in the inception and implementation of cross-functional solutions/products and ensure that the entities/businesses fully comply with applicable laws, regulations, and internal requirements
• Regular review and revision/setup of compliance manuals, policies, procedures, frameworks, and systems to keep abreast of regulatory changes/requirements
• Hands-on managing of regulatory and licensing requests/inquiries in a proper and timely manner
• Own and lead the Compliance-portion of KYC/AML/CFT processes and provide secondary validation and approval of the onboarding of customers
• Guide the entities/business units on Compliance-owned/led internal control processes such as RCSA, Vendor assessment, business continuity, etc.
• Provide guidance to junior member on Compliance matters
• Promote compliance-awareness through regular training and dialogue sessions
• Perform ad-hoc assignments as assigned
• Assist and advise Senior Management on Compliance matters, including but not limited to regulatory/licensing, AML/CFT and Compliance-owned internal control matters

Requirements

What we are looking for:

• 8 years relevant of working experience in handling both general and complicated compliance issues
• Solid knowledge of Asean regulations, market practices, and financial products

Self-motivated, able to work independently with good interpersonal and communication skills * Experience in the execution of Operational Risk topics

• Diploma or Bachelor\xe2\x80\x99s Degree or above
• CAMS Certification or similar

Benefits

• Time off - We would love you to take time off to rest and rejuvenate. We offer flexible paid vacations as well as many other observed holidays by country. We also like to have our people take a day off for special days like birthdays and work anniversaries.
• Flexible Working - We believe in giving back the control of work & life to our people. We trust our people and love to provide the space to accommodate each and everyone\'s working style and personal life.
• Medical Benefits - We offer health insurance coverage for our employees and dependents. Our people focus on our mission knowing we have their back for their loved ones too.
• Mental Health and Wellness - We understand that our team productivity is directly linked to our mental and physical health. Hence we have Wellness Wednesdays and we engage partners to provide well-being coaching. And we have our Great FSMK Workout sessions too to keep everyone healthy and fit!
• Learning & Development - We believe learning should never end and we support everyone with self-learning L&D allowances.
• Tech Support - We provide a company laptop for our employees and the best possible support for the right equipment/tools to enable high productivity

Funding Societies