Regulatory Compliance Manager and AML Specialist

Regulatory Compliance Manager and AML Specialist – Singapore
 
Bluemont Consulting has partnered with a reputable international payments company in search of a Regulatory Compliance Manager and Anti-Money Laundering (AML) Specialist. Reporting directly to the Head of Compliance, this position holds significant importance in ensuring the company's adherence to regulatory and financial crime standards. The company is a licensed MAS payments firm under MPI and PSA, with Singapore serving as its center of excellence. The role also encompasses regional responsibilities. The main duties of this position include:
 
Managing internal timelines to ensure compliance with Singapore's regulatory AML-CFT (Anti-Money Laundering and Countering Financing of Terrorism) requirements.
Communicating acceptable operating standards to the Group Operations team and serving as one of the checkers in Singapore throughout the end-to-end Know Your Customer-Customer Due Diligence (KYC-CDD) lifecycle.
Remaining updated on regulatory developments and consultation papers, actively engaging with regulators to enhance Singapore's financial landscape and improve the brand's visibility.
Providing advice on regulatory matters and promptly identifying compliance gaps that could impact the group's business.
Ensuring timely communication and implementation of regulatory requirements to achieve a satisfactory level of compliance.
 
To be eligible for this position, candidates should possess the following qualifications:
Approximately 7 years of relevant compliance experience in PS Act (Payment Services Act) license management and operations.
Strong understanding and knowledge of payment services regulatory requirements, or prior experience in payment services firms.
Expertise in Anti-Financial Crimes.
Thorough understanding of corporate internal controls, with the ability to identify control defects and develop remediation plans by reviewing and evaluating existing business processes.
Experience and a proven track record of leading regulatory implementation projects.
Excellent communication skills, with fluency in Mandarin and English.
If you meet these qualifications, we encourage you to apply for this position.