Compliance Specialist

At Opn, we believe the digitalization of the economy has opened up the world and offers endless opportunities to grow and make meaningful connections with one another. Opn is powered by its payment infrastructure sister company, Omise Payment Holdings, which provides one-stop online payment solutions.

Opn connects people, businesses and society in innovative ways to provide fair and open access to a growing economic ecosystem under its vision of enabling access to the digital economy for everyone. We are on a mission to make digital finance seamless and borderless for people and businesses. Our solutions are used by thousands of companies worldwide including Toyota, ByteDance, ICBC, SCB, True, Allianz Ayudhya, McDonald's, BMW, King Power and Pomelo.

We are obsessed with solving financial coordination problems and developing new business models and technology that enable businesses to grow. We focus on addressing financial complexities and chokepoints by offering seamless and borderless solutions for our customers because we want them to focus on their core business and value proposition.

As a value-driven organization, we are dedicated to selecting and retaining the sharpest minds across all functions. Help us make digital finance seamless and borderless for people and businesses.

**Why we need you**:
A Compliance Specialist is responsible for ensuring our business operations align with applicable laws, regulations, and policies while meeting our business goals. Key responsibilities include monitoring changes in laws and regulations and providing detailed compliance reports to leadership.

The role involves collaborating with business units and relevant stakeholders to address compliance concerns and ensure new products/services comply with licensing and regulatory requirements and continuously improve our compliance efforts.

This role focuses on the compliance and regulatory function of Singapore operations, monitoring the regulatory landscape related to card schemes, payment services, money laundering, and personal data protection, and ensuring that internal policies and procedures align with relevant regulations, including those of the Monetary Authority of Singapore, card schemes, and AML/CTF laws.

Additionally, the role provides advice and implementation support for the company's AML/CTF and KYC policies.

**What you will be doing**:

- Stay updated on changes in laws and regulations and initiate projects to address compliance gaps.
- Act as the main contact for policy, law, and regulation-related information within the company.
- Serve as the local anti-money laundering compliance officer, including reviewing and reporting suspicious transactions to the appropriate authorities.
- Liaise with local regulatory authorities and file compliance reports as needed.
- Maintain positive relationships with regulatory bodies.
- Monitor, identify, and report compliance issues, irregularities, and violations.
- Maintain accurate records of compliance activities and create action plans to address any violations.
- Review and update policies to reflect both compliance and business requirements.
- Provide support for our AML/CFT compliance program and take appropriate actions in response to suspected ML/TF cases.
- Collaborate with the KYC and Risk Management teams to evaluate high-risk merchants during merchant evaluations for compliance.
- Act as a counsel for AML/CTF and KYC compliance queries and challenges.
- Develop and deliver employee training on compliance policies and other compliance-related topics.
- Facilitate internal training sessions on compliance requirements and ensure a proactive approach to compliance gap analysis.
- Continuously review and update the documentation to enhance compliance efforts and collect relevant rules and regulations.

**You**:

- Educational background and/or practical experience in compliance in the payment and/or banking industry.
- A profound comprehension of the local regulatory framework established by the Monetary Authority of Singapore (MAS).
- Possession of training or a successful certification as a certified anti-money laundering specialist (CAMS) is advantageous.
- Strong motivation to read and comprehend laws, regulations, and policies.
- Effective ability to explain and present regulatory and legal requirements, representing the company to partners and regulators.
- Previous work experience in compliance within the payment and/or FinTech industry is advantageous.
- Strong analytical and critical thinking skills, along with excellent documentation and reporting abilities.
- Proficiency in English, both written and spoken, at a professional level.
- The ability to ask pertinent questions and delve deep for answers.
- Courageously addresses concerns and raises issues when necessary.
- Proficient in handling challenging and fast-paced work environments with ease and adaptability.
- Keen attention to detail to ensure accuracy and compliance.

**How to apply**:
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