Global Payment Compliance Specialist
4 weeks ago
We are a dynamic team at Deel, dedicated to building the best platform for businesses to hire talent worldwide. Our innovative technology, expertise, and global presence enable millions of jobs globally, connecting the world's workforce with top companies and opportunities.
About the Role:
The Compliance Officer will play a critical role in ensuring our business operations align with regulatory requirements, particularly in Singapore. As a local appointed Responsible Manager representative of Pay Asia Pte Ltd, you will be responsible for maintaining comprehensive knowledge of MAS and AML/CTF compliance regulations.
Key Responsibilities:
- Develop and monitor AML and KYC programs as required by MAS Compliance
- Execute day-to-day screening, reviewing, risk rating, and training in respect to Singapore Payments AML policy
- Monitor and continuously improve implementation of compliance policies and procedures within the organization to ensure adherence to regulatory standards in assigned regions
- Review and update Product Disclosure, Financial Service Guide, and other relevant documentation to ensure compliance with regulations
- Liaise with senior management on escalations, perform Enhanced Due Diligence, and seek mitigations and sign-off as necessary
Requirements:
- Regulatory Compliance: Knowledge of the Payment Services Act and Monetary Authority of Singapore (MAS) guidelines
- Risk Management: Training in risk assessment and management specific to payment services
- AML/CFT Training and Experience: In Singapore MAS and AML/Payment Services Act, this is essential
- Tertiary qualification in Commerce/Business/Law or a related field
- 7-10+ years of proven experience in compliance within a financial services environment
Salary and Benefits:
We offer a competitive salary range of $120,000 - $180,000 per annum, based on experience, plus additional perks and benefits such as stock grant opportunities, flexible remote work arrangements, and access to WeWork facilities where available.
Culture and Diversity:
We value diversity and inclusivity, and welcome applications from suitably qualified candidates regardless of their background, race, religion, sex, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, pregnancy or maternity status, or other applicable protected characteristics.
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