Compliance Officer (MLRO)

We are seeking a motivated and experienced Compliance Officer / Money Laundering Reporting Officer (MLRO) to join our Compliance team.

This role is ideal for a compliance professional who enjoys working in a regulated payment services environment and is passionate about promoting a strong compliance culture.

The successful candidate will play an important role in ensuring compliance with the Payment Services Act 2019, MAS regulations, AML/CFT requirements, and internal governance standards.

You will work closely with Senior Management, operational teams, auditors, and regulatory authorities to maintain an effective compliance framework while supporting the continued growth of the business.

Key Responsibilities

• Support the implementation and maintenance of the company's compliance and AML/CFT framework.
• Monitor compliance with MAS regulations, including the Payment Services Act and applicable MAS Notices and Guidelines.
• Perform customer due diligence (CDD), enhanced due diligence (EDD), transaction monitoring and compliance investigations.
• Review and investigate alerts, unusual transactions and potential financial crime risks.
• Prepare regulatory reports, management reports and compliance updates.
• Liaise with MAS, STRO, auditors and other regulatory authorities when required.
• Conduct compliance monitoring, branch reviews and internal compliance testing.
• Assist in developing and reviewing compliance policies, procedures and controls.
• Deliver compliance and AML/CFT training to employees.
• Monitor regulatory developments and support the implementation of new regulatory requirements.
• Foster a strong compliance and risk awareness culture across the organisation.
  
  Requirements
• Bachelor's Degree in Law, Finance, Business, Accounting or a related discipline.

Minimum 3 years' experience in Compliance, AML/CFT, Risk or Financial Crime within a bank, payment institution, remittance company or financial institution.

Good understanding of the Payment Services Act 2019, MAS AML/CFT requirements and financial crime regulations.

Experience in transaction monitoring, sanctions screening, investigations or regulatory reporting will be an advantage.

• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Ability to work independently while managing multiple priorities.

Professional certifications such as ICA, ACAMS or equivalent will be an advantage.

• What We Offer
• Opportunity to work in a MAS-regulated Payment Institution.
• Exposure to regulatory engagements and governance matters.
• Professional development and compliance training.
• Supportive and collaborative working environment.
• Career progression within a growing financial services organisation.
• If you are passionate about compliance, financial crime prevention and regulatory excellence, we invite you to join our team and contribute to maintaining the highest standards of integrity and compliance.