Compliance Officer, Aml

**About Fazz**
- Fazz is an ecosystem of financial services that comprise Fazz (Business account for Southeast Asia), StraitsX (Payments infrastructure for digital assets), and Modal Rakyat (Mutual cooperation funding for MSMEs) founded in 2016, as a result of a merger between PayFazz and Xfers, two Y Combinator alumni based in Southeast Asia.

Fazz provides business accounts that offer seamless payment, savings and credit functionalities, giving businesses equal opportunity to build, run, and grow. We cater to the warung and MSME in Indonesia under the brand Fazz Agen, and fast-growing startups and SMEs in Singapore and Indonesia under the brand Fazz Business.

Fazz’s mission is to make the future of finances accessible for every single business in Southeast Asia, where many MSMEs and the population are still underserved.

Compliance is an integral part of the organisation and supports the Senior Management in ensuring compliance with external and internal regulations to actively manage operational, regulatory, and reputational risks. You will join a growing and dynamic team passionate about supporting the business to ensure 100% compliance in risk and control matters.
- This is an excellent role for personal and professional development within a highly committed and collaborative team in a fast-paced environment. If you consistently strive to learn and seek new opportunities to enhance, redesign and improve processes, we are the match for your ambition.

**About the Role**:

- Compliance Associate, AML will be responsible for ensuring our business operations and procedures comply with local regulations and internal policies. You will be accountable for designing AML-related controls across the customer journey and ensuring that the business complies at all times.

**What you'll do**:

- Help develop and maintain policies and procedures to lead and design regulatory compliance strategies and implement our programs for compliance areas, such as Transaction Monitoring, Ongoing Monitoring, Transaction Screening, and STR Reporting.
- Calibrate and optimize transaction monitoring rules and procedures and ensure timely reporting of suspicious transaction reports (STR)
- Design and provide training to the analysts to ensure that the processes are implemented in line with expected outcomes
- Conduct Level 2 Transaction Monitoring reviews
- Prepare and file Suspicious Transaction Reports on the SONAR platform
- Conduct internal quality and control checks associated with the above processes
- Assist in the gathering of documents for Regulatory inspections/ other audits and visits
- Design and execute appropriate training for staff in relation to compliance and financial crime
- Handle ad hoc projects as assigned

**What we're looking for**:

- A master or bachelors' degree or equivalent
- Minimum of 3 years experience of working in compliance within financial services
- Experience in cryptocurrency or blockchain space is a plus
- Experience dealing with KYC (CDD, EDD), Financial Crime, AML or other areas of Compliance
- Ability to work collaboratively with a broad range of business functions
- Strong and effective communication skills, both oral and written English

**Nice to have(Optional)**:

- Knowledge of international and other domestic payment methods
- ACAMS/ ICA
- Streamlining of AML-related activities
- Ability to optimize the TM rules and reduce the number of false positives
- Remediation of TM alerts by training the analysts
- Ensure that the periodic review process is put in place and there are no backlogs

Fazz is an equal-opportunity employer. Individuals seeking employment at Fazz will be considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, or any other characteristic protected by applicable laws.