Compliance Officer

**Who we are is what we do.**

Deel and our family of growing companies are made up of global teams dedicated to helping businesses hire anyone, anywhere, easily.

The team comprises over three thousand self-driven individuals spanning over 100 countries, and our unified yet diverse culture keeps us continually learning and innovating the platform and products for customers.

Companies should be able to hire the best talent anywhere in the world, so we are building the best platform to make that a reality. Our market-leading technology, expertise, and global team are crucial to the platform’s success. We deliver the best products and features in our space, enabling millions of jobs worldwide and connecting the global workforce with the best companies and opportunities.

**Why should you be part of our success story?**

We offer global teams all the tools they need to hire, onboard, manage, pay, and scale at full speed. We aim to foster a diverse global economy by building a generational platform that seamlessly connects companies with talent worldwide.

After our successful Series D in 2021, we raised another $50M in 2023, doubling our valuation to $12B. There’s never been a more exciting time to join Deel — the international payroll and compliance market leader.

**Compliance Officer & MLRO, Singapore**

**Responsibilities**:

- Act as **Head of Compliance and MLRO (Money Laundering Reporting Officer)**representative of Pay Asia Pte Ltd with the Monetary Authority Singapore (MAS) based in Singapore.
- Maintain a comprehensive understanding of regulatory requirements related to MAS and AML/CTF compliance specifically for non-cash payment services, client monies and other fin-tech regulations.
- Develop and monitor AML and KYC programs as required for MAS Compliance.
- Execute on day to day screening, reviewing, risk rating, training in respect to Singapore Payments AML policy.
- Monitor and continuously improve the implementation of compliance policies and procedures within the organisation to ensure adherence to regulatory standards in assigned regions.
- Review and update any Product and Services related Guides and other relevant disclosure documentation to ensure compliance with regulations.
- Act as the key point of contact with local regulators (e.g. IRAS MAS, ACRA).
- Undertake and implement required reporting to authorities (Annual audit, client money and MAS disclosure reports, MAS AML and CTF reporting as required, including but not limited to suspicious transactions, suspicious clients/individuals, sanctioned individuals or prohibited transactions).
- Work with local corporate auditors as required.
- Maintain and review required insurances and other mandatory items required for local MAS Major Institution Payment Services License requirements.
- Conduct periodic updates/reviews of all policies to ensure they continue to meet requirements.
- Provide reports for board and compliance committee meetings.
- Provide training and guidance to staff on compliance matters, including regulatory updates and best practices.
- Efficiently execute KYC, KYB, Enhanced Due Diligence and other payment-related compliance reviews to safeguard our customers, our partners, and our business and assist with other markets as required.
- Execute a robust risk assessment framework and client/individual risk rating, ongoing monitoring/screening and further investigations.
- Liaising with senior management on escalations, positive/false positive screening results, performing Enhanced Due Diligence and seeking appropriate mitigations and sign-off.
- Develop procedures and controls to prevent, detect, and mitigate financial crime risks.
- Assist with investigations on potentially suspicious clients, users, and partners and report to relevant Authorities (MLRO duties).
- Collaborate with global teams and participate in the development, execution and enhancement of anti-fraud and anti-money laundering systems, tools, and technologies to improve detection capabilities and operational efficiency.
- Coordinate with internal cross-functional teams including Compliance, Risk Management, and Legal on customer requests or issues.
- Developing and executing on training relevant staff and employees on AML/CFT.
- Working with key stakeholders such as Implementation, Operations, Sales, Finance, Treasury/Banking teams and Group Compliance to execute, monitor, maintain and enhance a robust AML framework with continuous improvements.
- Manage any automation, continuous improvements and ongoing AML review, automation and improvement processes and workflows.
- Working with Group Compliance and any external consultants to derive robust Enterprise Wide Risk Assessment (EWRA) reporting and maintaining regular EWRA assessment to ensure robust and adequate AML risk framework in accordance with PSN01 and MAS license guidelines.
- Be the point of contact to address first level MAS, client, management queries and responses in respect to MAS AML and Payme