Job Description

• Payment Services Act (PSA) Compliance Experience Preferred

• Personal Data Protection Act (PDPA) Experienced

Responsibilities

• Maintain the Compliance function and ensure compliance framework is in line with the local regulations (e.g. PSA and PDPA) and the Company's policies

• Update manuals, compliance policies and procedures

• Key liaison officer to work with Monetary Authority of Singapore (MAS) and and other regulatory bodies

• Compliance reporting to MAS and Personal Data Protection Council

• Keep abreast of latest regulatory developments

• Provide compliance advice to the various business units

• Evaluate internal controls and compliance programs through transaction analysis, compliance reviews and training sessions

• Ensuring onboarding clients & businesses as well as strategic partnership across various industries are compliant with local regulations

• Provide information and updates to Senior Management and the Board, and apprise them on money laundering, terrorist financing and PDPA identified risks and related action plans

• Work with Training Team on regulatory compliance training for staff

• Liaise with banks for ongoing monitoring and AML/KYCC requirements

• Great understanding of onboarding for Companies and HNWIs as we do not process retail clients

Requirements:

• Possess a Degree in Finance or related (Singaporean Diploma with extensive experienced will be considered as well)

• IBFA, ACAMS or relevant certification is advantageous

• Possess 3 - 5 years' of Compliance experience with exposure to the Payment Services Act (PSA) and the Personal Data Protection Act (PDPA)

• Compliance solution-oriented and commercially minded

• Experienced in handling AML/KYC softwares (e.g. DJ Sentroweb/Reuters Worldcheck etc.)

• Analytical and self-motivated

• Good interpersonal skills and effective communicator

Job Types: Full-time, PermanentSalary: $3,500.00 - $4,000.00 per monthBenefits:

• Dental insurance
• Health insurance
• Professional development

Schedule:

• Day shift
• Monday to Friday

Supplemental Pay:

• 13th month salary
• Performance bonus

Education:

• Local Polytechnic Diploma (Preferred)

Experience:

• Compliance: 3 years (Required)

License/Certification:

• ACAMS/IBFA (Preferred)