Assistant Manager/Manager, Compliance (L2/L3 Review, Screening)

• Min. 4 years of relevant L2/L3 compliance experience in fintech industry or Digital Payment Token (DPT) Service Providers.
• Familiar with Payment Services Act (PSA) and/or Securities and Futures Act (SFA) would be advantageous.
• Prior experience in client onboarding and AML/CDD in a financial institution is a plus.

Roles and Responsibilities:

• Provide oversight and support to the stakeholders on general compliance matters, including drafting of company’s policies and procedures in accordance with MAS regulations in relation to MVGX Group’s Capital Market Services License and Major Payment Institution License (Digital Payment Token Service Provider and Cross Border Money Transfer).
• Compliance review of the CDD and client screening function, such as ensuring that CDD processes meet policy standards and working with the Compliance Manager to manage risk.
• Maintain MVGX’s regulatory and compliance documents which include MVGX’s KYC and AML, Listing and Trading rules, Conflicts of Interest and other policies and procedures to ensure they are up-to-date and comply with MAS and MVGX requirements.
• Provide full support on all regulatory and compliance matters, including periodic reporting and submissions to the Monetary Authority of Singapore.
• Other ad hoc matters as and when required
• Executing processes to review new and existing account documentation for completeness and validity.
• Ensure ongoing processes and monitoring controls are complete and accurate recordkeeping of all documentation and relevant communications with internal stakeholders, regulators, and clients.
• Advise on, and escalate, higher risk relationships and reputation risks arising from CDD and ongoing monitoring.
• Partner with functional experts (i.e., Legal, Business, etc) to develop procedures, processes, and controls.

Requirements:

• Diploma or bachelor’s degree in law, finance, business management or a related field.
• Minimum 4 years of relevant L2/L3 compliance experience in fintech industry or Digital Payment Token (DPT) Service Providers.
• Familiar with Payment Services Act (PSA) and/or Securities and Futures Act (SFA) would be advantageous.
• Excellent at building rapport with different stakeholders types through effective communication and interpersonal skills.
• Training will be provided to the suitable candidates. Prior experience in client onboarding and AML/CDD in a financial institution is a plus.
• Strong verbal, presentation, and written communication skills. Fluency in both Chinese and English is required as one needs to liaise with Chinese Speaking stakeholders.