Job Description

You are an experienced compliance professional with experience in the payment services industry, and a strong track record of implementation and execution of regulatory and compliance programs. You will head Whimsy's AML and regulatory compliance division and will play a critical role in allowing Whimsy to scale while keeping AML risks under control.




You will be supporting Whimsy's payment services licensing applications across markets by designing solid AML programs aligned with regulatory guidelines, which includes dealing with any and all regulatory and compliance matters, such as designing compliance strategy in line with legal requirements and guidelines, managing the regulatory relationship with external regulators and stakeholders, drafting and implementing policies, SOPs, systems, governance, and internal controls, and helping Whimsy comply with its regulatory obligations.




You will be appointed and serve as the Designated Compliance Officer for the purposes of Whimsy's payment services licence applications.

What will you be doing?

Act as designated Compliance Officer for the purposes of Whimsy's payment services licence application, and do all things necessary for the undertaking of the role. Design and implement regulatory and compliance frameworks to ensure Whimsy is compliant with its regulatory obligations. Draft and implement policies, SOPs, systems, and internal controls for regulatory compliance programs to ensure licensing commitments and obligations are fulfilled. Manage relationships with regulators and partners, and handle queries, clarifications, and address concerns arising from Whimsy's AML and compliance activities. Monitor Whimsy's new services and product launches to ensure compliance with existing legal and regulatory requirements and guidelines. Act as the contact person where breaches or violations of compliance obligations have occurred. Lead internal and external audits of compliance and regulatory processes and procedures, respond to the results of the audits and assessments, remediate issues identified from the findings, and develop corrective action plans to implement. Create regular regulatory performance reports for the company, such as recommendations on strategy. Develop and conduct internal training sessions for the regulatory and compliance team, ensure business understands its regulatory and compliance obligations, and manage business activities where necessary to ensure compliance. Support other legal and regulatory team members regionally to align on the regulatory compliance program.

We would love to get to know you if you have the following:

5+ years of relevant working experience in a regulatory compliance role. Payments, fintech, banking, financial institution, or other relevant experience. Able to work independently to manage compliance and regulatory matters. Ability to manage different stakeholders and understand business needs whilst ensuring unimpeachable compliance with regulatory obligations. Demonstrated experience managing relationships with different regulators, with a keen understanding of the different temperaments and requirements. Strong authority and capability to mentor and guide regulatory and compliance team. Ability to juggle multiple complex compliance projects. Efficient and independent in a fast-paced environment. Good written and spoken English Conscientious, meticulous and with an eye for detail Positive attitude, consultative approach, and self-motivation are all essential Highest work ethic and unlimited drive 100% execution-minded, hands-on approach High sense of urgency Strong interpersonal and social skills
GLOBALZ CONSULTANCY PTE.LTD.


EA License No: 22S0907


EA Personnel: MAO LINGYING


EA Personnel Reg No: R23114849