Responsibility

Licensing and regulatory lead

Assist in end-to-end applications for required payment services licences in Singapore - Digital Payment Tokens under MAS regulatory framework.
Act as point of contact with MAS and other authorities. Manage queries, interviews, onsite inspections and post-licensing conditions.

MLRO duties

Serve as MLRO for XTransfer (Singapore).
Design, implement and update the AML/CFT framework, including business-wide risk assessment, CDD/KYC/eKYC standards, screening, transaction monitoring, investigation and STR submissions to AMLO.
Oversee sanctions and high-risk country controls consistent with local requirements and XTransfer global policy.

Policy, oversight and governance

Localise group AML policies to Singapore law and MAS guidelines. Ensure procedures cover onboarding, ongoing due diligence, record-keeping and data privacy (PDPA).
Provide second-line oversight of Singapore operations. Review product features and partner arrangements for compliance impact before launch.
Coordinate internal and external audits. Track remediation to closure and report to senior management and HQ.

Regulatory engagement and reporting

Prepare regulatory correspondence and required reports in English.
Build and maintain constructive working relationships with regulators and partner banks in Singapore.
Monitor regulatory developments and brief management on changes and implementation plans.

Training and culture

Deliver periodic training to first-line teams and management on Singapore regulatory requirements, AML/CFT and sanctions.
Promote a strong compliance culture and speak-up environment.

Cross-border coordination

Work closely with CO/MLROs in other countries and the HQ risk and compliance teams to align standards.
Ability to explain complex compliance topics to a wide range of stakeholders including regulators, business and supporting functions to drive positive impact and outcome.
Support group-level risk assessments and contribute Singapore inputs to global reporting to the CRO.

Job Qualification

Bachelor's degree with relevant work experience (e.g. preferably appointment as the compliance officer, MLRO or Deputy MLRO experience in Singapore is an advantage.)
8+ years of financial experience in the compliance, risk, AML/CTF or Sanctions Screening disciplines
Strong command of Singapore payment services regulations, MAS notifications, PSN02 and web 3 payment compliance.
Certified Anti-Money Laundering Specialist (CAMS) certification or equivalent is preferred
Able to work in a fast-paced, impact-driven environment

Compliance Officer (Digital Payment Token) - Singapore