Manager, IT Compliance

**Join and Grow with us**

At FOMO Pay, we are committed to breakthrough innovation in payment methods to disrupt tradition. Here, you will work alongside Company leaders who are pioneers in the industry with proven experience in leading and building the future of digital payment and global banking technologies and solutions. We offer an inclusive, supportive, and continuous learning culture where everyone can grow to be their best selves and advance in their personal and professional goals.

The IT Compliance & Risk Management Manager will be responsible for overseeing the implementation and maintenance of IT compliance and technology risk management strategies across the organisation. The role entails understanding and adhering to the guidelines set forth by the Monetary Authority of Singapore (MAS). The incumbent will work closely with cross-functional teams to identify potential IT risks, assess their impact, develop robust policies, procedures and risk mitigation strategies to safeguard our technology infrastructure and data integrity.

**Key Responsibilities**:
**1.** **Regulatory Risk Management & Compliance**:

- Stay up-to-date with the latest MAS Technology Risk Management guidelines and ensure the organisation's IT policies, procedures, and processes align with the regulatory requirements
- Monitor changes to regulatory requirements and assess their impact on the organisation's technology risk management framework
- Work with internal stakeholders to communicate regulatory changes and drive compliance effort

**2.** **Risk Assessment & Mitigation**
- Conduct regular technology risk assessments to identify potential threats and vulnerabilities in the IT infrastructure and systems
- Collaborate with relevant teams to analyse risk data, assess the severity of risks, and prioritise remediation actions
- Design and implement effective risk mitigation strategies to address identified technology risks
- Collaborate with cross-function teams to develop and enforce robust IT security measures and controls
- Develop and maintain risk registers, ensuring all identified risks are tracked, managed, and appropriately mitigated

**3.** **Compliance Management**:

- Oversee the development, implementation, and maintenance of IT compliance programs
- Ensure the organisation complies with relevant laws, regulations, and industry standards related to technology and data security
- Conduct periodic audits to assess compliance levels and make recommendations for improvement

**4.** **Reporting and Communication**:

- Prepare comprehensive reports for senior management and regulatory bodies, present the status of technology risk management activities and compliance efforts

**Requirements**:

- Bachelor's Degree in Information Technology, Computer Science, or a related field
- A minimum of 5 years of experience in IT compliance, technology risk management, or a related role
- Strong understanding of the MAS Technology Risk Management guidelines and relevant regulatory frameworks
- Experience in conducting risk assessments and developing risk management strategies
- Strong knowledge of IT security principles, best practices, and controls
- Excellent communication and interpersonal skills, with the ability to collaborate with cross-functional teams

**Job Types**: Full-time, Permanent

**Salary**: $6,500.00 - $8,000.00 per month

**Benefits**:

- Dental insurance
- Health insurance

Schedule:

- Monday to Friday

**Education**:

- Bachelor's or equivalent (preferred)

**Experience**:

- IT compliance, technology risk management, or a related role: 5 years (preferred)

Work Location: In person