Compliance Analyst

About the Company

Lightnet is a fintech company headquartered in Singapore. At Lightnet, we are working on the world’s most advanced cross border payments system. Lightnet has built a global network of Trusted Financial Services partners which provides the most interoperable, efficient, and cost-effective payments capability available today. We believe an inclusive ecosystem that bridges the gap between existing banking rails and non-bank financial institutions will increase profitability for all our partners and enable seamless cross-border transactions across the globe.

By upholding our values of drive, intelligence, integrity, passion and results-oriented, Lightnet continues to enrich the lives and aspirations of our customers each and every day. For more information, please visit https://lightnet.io/.

About the Role

As part of our rapid expansion, Lightnet is now seeking a highly motivated Compliance Analyst to join our Singapore team. The Compliance Analyst will be an integral part of the Legal & Compliance team which is a strategic partner and a trusted business enabler to the Board and Senior Management. It is the Legal & Compliance team responsibility to ensure that company continuously fulfils its regulatory obligations in today’s tight and dynamic regulatory landscape.

Responsibilities

• Performing AML and KYC screenings on customers account opening.
• Reviewing and clearing transaction alerts and conducting investigations and to clear name screening and sanction alerts.
• Performing post transaction monitoring and raise RFI to our existing customers
• Conducting enhanced due diligence on suspicious transactions and assist with preparing suspicious transactions reports.
• Updating and maintaining the internal sanction/block lists.
• Contributing to and maintaining the policies, procedures and risk assessments that support the Company’s Compliance framework.
• Undertaking periodic CDD Reviews.
• Ensuring proper record keeping.
• Performing any other ad-hoc tasks and project work as assigned.
• To assist with clients’ documentation checks, regulatory AML and KYC due diligence.

Requirements

• Diploma/Degree with at least 1 year relevant experience in a financial institution, preferably at banks/payment institutions/money service business/consulting environment.
• Knowledge of the Payment Services Act (Singapore) and MAS Notices and Guidelines on AML/CFT
• Strong analytical, research and problem-solving skills
• Good at execution, pressure handling and teamwork.
• Excellent communication skills in English and Mandarin (both written and verbal).

What we are offering

• Working as a part of a team in a multicultural environment built on collaboration, flexibility, and respect.
• Competitive compensation package
• Career growth and development opportunities

Lightnet Group is committed to hiring based on merit and organizational fit. If you are keen to join the team, please apply here or directly send your CV outlining your skills and capabilities to shahirah.kad@lightnet.io.