About the Role
You are an experienced mid to senior-level compliance professional with experience in payment/remittance services, fintech, banking, or other financial service industries. You will work closely with the Head of Compliance to oversee the daily compliance functions within the company and develop a framework and compliance program for EMQ’s new products.
Responsibilities
· Support the design and development of programs, policies, and practices to ensure that the organization follows regulatory requirements in the countries we operate.
· Provide advice on compliance issues raised within the organization, especially on AML-related matters.
· Develop compliance manuals and review other compliance policies/rules on a regular basis.
· Provide comments on internal policies, procedures, and guidelines from a compliance perspective.
· Monitor and ensure compliance with governmental regulatory obligations across various jurisdictions where EMQ is licensed.
· Assist in developing and overseeing internal control systems to prevent or deal with violations of regulatory requirements and internal policies.
· Collaborate with all functions in accordance with regulatory developments and business needs.
· Support the Compliance Head to handle matters in connection with routine compliance inspections conducted by the regulators and the regulatory reporting in the countries we operate.
· Keep track of applicable laws/regulations and direct relevant functions to update operating manuals and procedures when regulations change in the countries we operate.
· Keep abreast of regulatory requirements and distribute new regulation circulars published by the regulators to relevant functions.
· Assist in internal and external audits of compliance and regulatory processes and procedures.
· Maintain a thorough working knowledge of current regulatory requirements, and familiarity with company processes, policies, and products.
· Develop content for internal training sessions on the regulatory and compliance framework.
Qualifications
· Bachelor's degree in Law, Business Administration, Finance, or related fields.
· Minimum 5 years of relevant working experience in compliance.
· Good knowledge payments/fintech industry and relevant regulations in Singapore.
· Attention to detail and good interpersonal skills.
· Strong team player and ability to work with various internal stakeholders to implement the compliance program effectively.
· Experience in interacting with financial regulators in Singapore including handling financial service-related license/registration applications.