Director of Compliance

Role Overview

FlexM, a licensed Major Payment Institution (MPI) in Singapore, is seeking an accomplished compliance leader to serve as both Director of Compliance for APAC and Money Laundering Reporting Officer (MLRO) for Singapore.

This is a senior strategic and hands-on position: you will own the regulatory relationship with the Monetary Authority of Singapore (MAS) and other APAC regulators, spearhead license applications in multiple jurisdictions, and lead our compliance organization while retaining the ground-level MLRO expertise required to act as named MLRO.

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Key Responsibilities

1.Compliance Strategy & Oversight

• Define and execute the regional compliance strategy across all FlexM business lines (remittance, payments, wallets, merchant services, etc.).

• Develop, implement, and continually enhance the enterprise AML/CFT and regulatory compliance framework.

• Drive regulatory horizon scanning to keep FlexM ahead of evolving laws and guidelines across APAC.

1. Operational MLRO Duties (Hands-On)

• Personally review and sign off on suspicious transaction reports (STRs) and regulatory filings.

• Maintain direct oversight of KYC/KYB onboarding, periodic reviews, transaction monitoring, and regulatory reporting—ensuring full adherence to MAS PSN01/PSN04 and equivalent standards in other APAC markets.

• Lead internal investigations of unusual activity and liaise with law-enforcement or regulatory agencies as needed.

3.Regulatory Leadership & Licensing

• Act as MLRO for Singapore MAS and named MLRO for other APAC regulators as required.

• Lead applications and ongoing compliance for new licenses in Australia, Hong Kong, and UAE, including preparation of regulatory submissions, responding to queries, and managing audits/inspections.

• Maintain expert knowledge of cross-border payments, remittance regulations, and digital-payments frameworks across APAC.

• Serve as primary liaison with MAS and other regulators on all AML/CFT and licensing matters.

1. Team Leadership & Development

• Lead and mentor a multi-country team of KYC analysts, compliance managers, and regional compliance officers.

• Build a high-performing, scalable compliance organization capable of supporting rapid cross-border growth.

• Provide regular AML/CTF training and cultivate a strong compliance culture company-wide.

1. Risk Management & Governance

• Chair the internal AML/CFT committee and present to the Board and senior management on key compliance risks.

• Oversee enterprise-wide risk assessments, internal reviews, and remediation plans.

• Ensure robust audit trails, record-keeping, and reporting for all regulatory requirements.

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Required Qualifications & Experience

• 10–12+ years of progressive compliance leadership in digital payments / cross-border remittance within APAC

• Proven MLRO experience:

• Must have served as MLRO for a regulated financial institution in APAC.

• Prior appointment as MLRO with the Monetary Authority of Singapore is strongly preferred.

• Deep knowledge of:

1. Payment Services Act (Singapore), MAS PSN01/PSN04, and other AML/CFT notices.

2. Remittance and cross-border payment regulations in Australia, Hong Kong, UAE, and key APAC markets.

3. Demonstrated success in leading license applications and regulatory approvals across multiple jurisdictions.

• Track record of building and leading compliance teams, with direct management of KYC analysts and compliance managers.

• Strong analytical, investigative, and problem-solving skills, coupled with excellent written and verbal communication.

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Preferred Attributes

• Master's degree in Law, Finance, or related field.

• ACAMS, ICA, or equivalent professional AML certification.

• Ability to thrive in a fast-growth fintech/RegTech environment, balancing strategic vision with hands-on execution.

• High integrity, sound judgment, and the gravitas to influence senior executives and regulators alike.

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What This Role Offers

• The opportunity to shape FlexM's regional compliance framework as we expand across APAC.

• A pivotal role that combines strategic leadership with direct MLRO accountability, ensuring both regulatory confidence and operational excellence.

• Direct impact on FlexM's growth through successful license acquisition and best-in-class AML/CTF controls.