Compliance Intern
Full Time
Others
Job Description
Aspire is the leading all-in-one finance operating system for growing businesses in APAC. We are on a mission to reinvent business finance for a new generation of entrepreneurs and business owners, empowering startups and MSME to realise their full potential.
Founded in 2018, Aspire has raised over USD 300M+ across equity and debt from world-class investors. In 2023, we successfully closed an oversubscribed USD 100 million Series C equity round led by Sequoia Capital and Lightspeed Ventures with participation of Tencent, Paypal Ventures, LGT Capital Partners, Picus Capital and MassMutual Ventures. To power our solutions, we have partnered with some of the best companies in the world such as Visa and Wise and helped more than 15,000 businesses using our suite of products.
In 2022, we were awarded Best Employer of the Year and Payments Tech of the Year by Asia Fintech Awards, ranked #1 on LinkedIn's 2022 Top Startups list and were listed on YC Top Companies 2022. In 2023, we ranked Top 10 on The Straits Times Fastest-Growing Companies.
You will be amazed by the energy and experience of our team. We are a team of ex-entrepreneurs, ex-founders, and high-achievers with international backgrounds. We team up to reach the highest standards in what we do, and don't take NO for an answer.
We are expanding rapidly. Are you a top talent? Are you passionate about entrepreneurship? Join us and make an impact in the fintech space.
About the team:
At Aspire, we understand the importance of maintaining a strong culture of compliance to protect our organization and ensure the trust of our customers. Our Compliance Team is at the forefront of identifying and addressing regulatory risks, implementing controls, and ensuring that our policies and procedures align with regulatory requirements. This allows Aspire to stay ahead of evolving regulations, proactively identifying potential risks and developing comprehensive risk mitigation strategies, hence contributing to our long-term success.
About the role:
The Compliance Intern will gain a good understanding of the Financial Crime Compliance function and its vital role in managing the financial crime risks for Aspire. This position reports to the Compliance Manager and will work closely with internal stakeholders to ensure operations are in line with regulations and internal procedures
What will you be doing?
Aspire is an equal opportunity employer and is committed to providing equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic as outlined by applicable laws.
Please note: by submitting your application, you acknowledge that you have read and understood Aspire's Data Protection Policy for Employees, Freelancers, Contractors and Job Applicants (the " Policy") , and consent to the collection, use and disclosure of your personal data by Aspire for the purposes set out in the Policy. You may withdraw consent for such collection, use and disclosure, and make an access or correction request in respect of your personal data, in accordance with the Policy by emailing people@aspireapp.com .
Founded in 2018, Aspire has raised over USD 300M+ across equity and debt from world-class investors. In 2023, we successfully closed an oversubscribed USD 100 million Series C equity round led by Sequoia Capital and Lightspeed Ventures with participation of Tencent, Paypal Ventures, LGT Capital Partners, Picus Capital and MassMutual Ventures. To power our solutions, we have partnered with some of the best companies in the world such as Visa and Wise and helped more than 15,000 businesses using our suite of products.
In 2022, we were awarded Best Employer of the Year and Payments Tech of the Year by Asia Fintech Awards, ranked #1 on LinkedIn's 2022 Top Startups list and were listed on YC Top Companies 2022. In 2023, we ranked Top 10 on The Straits Times Fastest-Growing Companies.
You will be amazed by the energy and experience of our team. We are a team of ex-entrepreneurs, ex-founders, and high-achievers with international backgrounds. We team up to reach the highest standards in what we do, and don't take NO for an answer.
We are expanding rapidly. Are you a top talent? Are you passionate about entrepreneurship? Join us and make an impact in the fintech space.
About the team:
At Aspire, we understand the importance of maintaining a strong culture of compliance to protect our organization and ensure the trust of our customers. Our Compliance Team is at the forefront of identifying and addressing regulatory risks, implementing controls, and ensuring that our policies and procedures align with regulatory requirements. This allows Aspire to stay ahead of evolving regulations, proactively identifying potential risks and developing comprehensive risk mitigation strategies, hence contributing to our long-term success.
About the role:
The Compliance Intern will gain a good understanding of the Financial Crime Compliance function and its vital role in managing the financial crime risks for Aspire. This position reports to the Compliance Manager and will work closely with internal stakeholders to ensure operations are in line with regulations and internal procedures
What will you be doing?
- Review and analyze KYC information of clients and ascertain if client will pose additional financial crime and reputational risk
- Review escalations on clients' account activities to identify any money laundering or financial crime cautionary flags
- Perform Quality Assurance (QA) checks and provide analysis of the results and propose corrective actions
- Perform AML System UAT on new and existing system to ensure product functionality
- Ensure accurate, complete and up-to-date internal documentation to provide evidence of decisions
- Provide general administrative support to the compliance team, including organizing meetings, maintaining documentation, and managing communication
- Full-time Undergraduate or Postgraduate student in Singapore
- Ideally be able to commit full-time / part-time for 3 to 6 months from August 2023
- Self-starter with high level of initiative
- Good organizational, analytical and prioritization skills
- Keen interest in financial crime compliance
- Prior experience in compliance and/or fintech is preferred but not required
- Work from anywhere and Work from Home subsidy.
- Uncapped flexible annual leave.
- Training subsidy for your professional growth.
- Wellness benefit.
- Team bonding budget to foster collaboration and sense of belonging.
- Culture is Key: Most importantly, we always strive to cultivate a special culture that brings special talents together - You may learn more about our culture at our careers site and LinkedIn Life page .
Aspire is an equal opportunity employer and is committed to providing equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic as outlined by applicable laws.
Please note: by submitting your application, you acknowledge that you have read and understood Aspire's Data Protection Policy for Employees, Freelancers, Contractors and Job Applicants (the " Policy") , and consent to the collection, use and disclosure of your personal data by Aspire for the purposes set out in the Policy. You may withdraw consent for such collection, use and disclosure, and make an access or correction request in respect of your personal data, in accordance with the Policy by emailing people@aspireapp.com .
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