Job description
Role Overview
We are looking for a Singapore-based Compliance Manager to support a licensed cross-border payments business as it strengthens its compliance framework and prepares for future business expansion.
The role will work closely with management and external advisers on regulatory matters, AML/CFT, governance, regulatory submissions, and the review of new payment products, corridors and partnerships.
This is a hands-on role suited to someone who understands Singapore's payments regulatory environment and can translate regulatory requirements into practical operating processes.
Key Responsibilities
- Manage day-to-day compliance matters for a Singapore-regulated cross-border payments business.
- Support regulatory submissions, notifications, licence-related matters and ongoing engagement with MAS.
- Review new products, payment flows, customer segments, corridors and counterparties from a regulatory and compliance perspective.
- Maintain and strengthen AML/CFT, KYC/KYB, sanctions screening, transaction monitoring and related controls.
- Support the development and updating of compliance policies, procedures and internal controls.
- Advise management on regulatory requirements under the Payment Services Act and related MAS requirements.
- Work with business, operations, legal and product teams to ensure new initiatives are structured and implemented appropriately.
- Support regulatory inspections, information requests, audits and remediation work where required.
- Monitor regulatory developments relevant to payments, remittance and cross-border money transfer.
- Help ensure the company's compliance framework remains appropriate as its transaction volumes, customer base and business complexity increase.
Preferred Profile
- Experience in payments, remittance, fintech, financial institutions or another regulated financial-services environment in Singapore.
- Good understanding of the Payment Services Act, AML/CFT requirements and MAS regulatory expectations.
- Experience relevant to cross-border payments, money transfer, payment institutions, AML/CFT, licensing, supervision or regulatory compliance would be particularly valuable.
- Experience supporting regulatory applications, material-change submissions, inspections or regulatory engagement is advantageous.
- Able to interpret regulatory requirements and convert them into workable business processes and controls.
- Comfortable working in a lean environment and taking ownership of practical execution.
- Strong written and verbal communication skills.
- Able to work directly with senior management and external legal/compliance advisers.