Job Description

Role Overview:
Work Location : Singapore
As a manager, you will lead AML/CTF compliance by engaging with senior management, auditors, and regulators like the FCA and FIU. You will drive the development and execution of compliance policies and processes, ensuring timely regulatory submissions and approvals. Additionally, you will oversee partner due diligence, risk assessments, and periodic reporting to maintain strong compliance standards.
Requirements
How will you make an impact:
Responsibilities:

• Liaison with the senior management and / or board on AML/ CTF issues.
• Liaising with independent auditors on the AML/ CTF manual.
• Serving as nominated DMLRO /Compliance Officer in UK and/or EEA.
• Consideration of any regulatory feedback regarding the reporting of entity's risk management performance.
• Liaising with the FCA/ Financial Intelligence Unit and/or other regulatory authorities in making STR investigations and /or filings on GOAML, as applicable.
• Procedures for processing (Instrument) applications to the FCA for their approval for new designated services or delivery channels.
• Contributing to the design, implementation, and maintenance of internal AML/ CTF. compliance manuals, policies, procedures and systems, including as applicable from time to time.
• Procedures for processing (Instrument) applications to the BOT for their approvals for new designated services or delivery channels.
• Ensuring AML/ CTF compliance is measured and as applicable, rewarded in the performance review process 10. Conducting initial due diligence and ongoing evaluation of partners and other third-party service providers.
• Keeping relevant records in accordance with local regulatory provisions and acts.
• Coordinating periodic internal reviews of AML/ CTF compliance at partner offices.
• Ongoing partner analysis and transaction analysis.
• Identifying High, Medium and Low partners.
• Prepare an analysis report on a quarterly basis.
• Prepare a Compliance report on a monthly basis.
• Timely submission of all regulatory reports.

Essential qualifications:

• A minimum of 8+ years of relevant experience in AML/CTF compliance, regulatory liaison, and risk management within financial services or a similar regulated environment.
• Strong knowledge of FCA regulations, Money Laundering Regulations (MLRs), and risk-based compliance frameworks is essential.

Why TerraPay:
TerraPay is a global money movement player on a mission to build a borderless financial world. We believe payments should be instant, reliable, transparent, seamless, and fully compliant.
Registered and regulated across 31 global markets, we are a leading payments partner for banks, mobile wallets, money transfer operators, merchants, and financial institutions.
We are proud to be a twice-certified Great Place to Work and were featured in the 2023 CB Insights Fintech 100 and the 2024 Financial Times 1000 lists.
Read more about TerraPay
Our culture & core values:
At TerraPay, we don't just talk about our values--we live by them. Humility, ownership & responsibility, entrepreneurship, global citizenship, and trusting empowerment are the principles that guide everything we do. If you're looking for a career that offers abundant opportunities for innovation and a culture of excellence, TerraPay is the place to be.
With comprehensive healthcare benefits, cab facilities for our India-based employees, and a generous leave policy, we've got you covered. Join us in one of our 10 offices worldwide and collaborate with a diverse team representing 40+ nationalities.
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Skills Required