Job Responsibilities:

Develop and implement an effective legal compliance program, focusing on payment services regulations and MPI requirements.
Proactively audit processes, practices, and documents to identify weaknesses and provide risk mitigation strategies.
Evaluate business activities (e.g., investments, marketing, etc.) to assess compliance risk and compliance with the MAS standards.
Collaborate with external auditors and HR departments when needed to handle violations of rules and laws.
Review and evaluate company procedures and reports to identify hidden risks or common issues.
Coordinate efforts related to audits, reviews, and examinations conducted by external bodies.
Provide employee training on compliance-related topics, policies, or procedures.
Serve as the point of contact for all regulatory bodies, particularly the Monetary Authority of Singapore, regarding compliance issues, especially those related to MPI licensing.
Stay abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control.


Requirements:

Minimum 7 years of proven experience in regulatory compliance within the financial services industry, specifically with payment services.
Deep knowledge of MAS regulations and the operational and compliance aspects of an MPI license.
Strong experience dealing with regulatory bodies, particularly MAS.
Bachelor’s degree in Law, Finance, Business Administration, or related field.
Excellent communication skills, both verbal and written.
Strong leadership, teamwork, and interpersonal skills.
Analytical skills and a strong attention to detail.


Preferred Qualifications and Certifications:

Advanced degree in Law, Finance, or Business Administration.
Certifications such as Certified Compliance Officer (CCO), Certified Regulatory Compliance Manager (CRCM), or similar.
Experience in a senior compliance role within a major payment institution or similar financial services environment.
Familiarity with international compliance standards and practices.