Head of Compliance & MLRO, Singapore

Head of Compliance & MLRO, Singapore

Job Description

Skyee is a rapidly growing Fintech company incorporated in 2016. Headquarter is located in Guangzhou, China and with offices in HK, US, UK, Singapore, and Japan. Skyee works with global bank partners to provide cross-border and domestic fund collection, FX, and payment services to clients from different industries, such as cross-border e-commerce, education, card issuing, and logistics, etc.

To expand our business in Singapore, Skyee is looking for an experienced compliance personnel as the Head of Compliance & MLRO based in Singapore. In this role, you will be responsible for overseeing Skyee Singapore’s compliance affairs, which include but not limited to license application, risk management, financial crime management and external compliance across the business, developing quality practice to ensure systems and procedural excellence and effective business planning to assure legal and regulatory compliance.

The main duties and responsibilities

• Working closely with relevant parties to handle MPI licensing application and compliance functions for internal control practices;

• Keeping abreast of the latest development of applicable regulatory requirements, review and update departments’ policies and procedures periodically;

• Designing and conducting AML and other compliance related training;

• Providing compliance advice and support core business initiatives;

• Maintaining up to date knowledge and expertise on core business activities and assist in the analysis of proposed business initiatives from a risk based regulatory perspective;

• Liaising and collaborating with different departments to formulate, drive and implement remediation of compliance issues;

• Influencing policy and process within the outsourced functions to ensure appropriate levels of service and oversight of compliance are provided;

• To give advice and support compliance related issues in group level.

• Coordinating with external auditors and legal counsel, local regulators, government authorities;

• Able to work independently and under pressure;

Qualifications:

• Must have a demonstrable track record of working within a similar role and/or held responsibility as a Compliance Head or Senior compliance officer within the payments/ bank industry.

• Previous experience of working on MPI license application and management is highly desirable.

• Had successfully received IPA/MPI from your previous companies is an added advantage.

• Holder of CAMS is an advantage.

• Must have a details and broad understanding of legal/ regulatory, compliance and risk in payments, especially the knowledge about Payment Services Act ("PS Act") of Singapore.

• Possess a strong ability to articulate and communicate risk/compliance issues across all levels and hierarchies in the business, internal and external.

• Strong analytical skills and ability to identify and solve problems.

• Strong written and spoken communication skills.

• Fluency in English is required. Ability to speak Mandarin or Cantonese as the candidate will be required to communicate with our China’s counterpart/associates.

• Minimum 6 years’ relevant financial institution experience in Compliance, Banking, Payment Industry;

• Able to start work immediately/within short notice is an added advantage.