Search by job, company or skills

Compliance Officer

Compliance Officer

Shopline
5-7 Years
Not Disclosed
Early Applicant
  • Posted a month ago
  • Be among the first 10 applicants

Job Description

About SHOPLINE

Founded in 2013, SHOPLINE is a global omnichannel e-commerce SaaS platform supporting hundreds of thousands of merchants worldwide. Our platform helps brands build, launch, and scale across online and offline channels with integrated tools for storefronts, payments, marketing automation, loyalty, and analytics.

About SHOPLINE Payments

SHOPLINE Payments provides payment services as part of SHOPLINE's one-stop e-commerce platform for merchants. It holds payment licenses in Singapore (MPI), Hong Kong (MSO), Taiwan (MODA), and Australia (AUSTRAC), and operates in other global markets through partnerships with banks and channel partners.

Role Overview

We are seeking a Compliance Officer based in Singapore. Reporting to the Head of Compliance, Payments, this role will be primarily responsible for post-MPI compliance programs in Singapore, while getting involved extensively in global projects to help shape compliance framework across multiple regions.

Key Responsibilities

1. Regulatory Compliance

  • Serve as the designated Compliance Officer for Singapore and act as the primary point of contact with the Monetary Authority of Singapore (MAS) on compliance matters.
  • Ensure ongoing compliance with applicable Singapore regulations, including MAS requirements related to payment services, AML/CFT, and technology risk etc.
  • Monitor regulatory developments in Singapore and assess their impact on business operations; coordinate with internal stakeholders, external counsel, auditors, and regulators as needed.
  • Maintain and enhance compliance policies and procedures that align with applicable regulations, payment partner requirements, and internal compliance standards.
  • Support return submissions, STR filing, regulatory inspections, and internal/external audits.

2. Operational Excellence

  • Support the development and implementation of AML/CFT and sanctions compliance programs in Singapore and other jurisdictions.
  • Drive enhancements to customer due diligence (CDD), enhanced due diligence (EDD), customer risk assessment (CRA), transaction monitoring and screening, and compliance quality assurance frameworks.

3. Compliance Advisory

  • Communicate compliance expectations and requirements to internal stakeholders, ensuring alignment with the company's compliance objectives.
  • Provide compliance advice to business units and senior management; support new product or market launches from a compliance perspective.
  • Review and advise on high-risk customers, escalations, and suspicious activities.

Qualifications

  • Bachelor's degree in Law, Business, Finance, or a related field.
  • Minimum 5 years of compliance experience, with a focus on AML/CTF, sanctions, and payment regulatory compliance.
  • Deep understanding of the payment ecosystem, merchant acquiring and e-commerce business..
  • Familiarity with MAS payment regulations, and global AML standards (FATF, Wolfsberg, sanctions regimes, etc.).
  • Ability to work collaboratively with cross-functional teams and manage multiple projects simultaneously.
  • CAMS, ICA or equivalent certification.
  • Proficiency in both English and Mandarin.

More Info

Job Type:
Industry:
Function:
Employment Type:

Key Skills

sanctions compliance

familiarity with MAS payment regulations

FATF

compliance policies and procedures

customer risk assessment

Wolfsberg sanctions regimes

enhanced due diligence

CTF

global AML standards

compliance quality assurance

CAMS

payment regulatory compliance

About Company

Similar Jobs

3-6 yrs
SGD 5,000 - 6,500 per month
Singapore, Raffles Link / Raffles Place
Skills:
Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), Aml, name screening, FATCA, CRS, Risk Assessment, Kyc, AML CFT policies, Transaction Monitoring, Regulatory Compliance
0-5 yrs
Singapore
Skills:
database administration, Network Architecture, AML due diligence, crypto currencies, commodities laws, forwards, regulatory review, broker-dealer regulation, computer programming languages, Futures, commodities, options, currency, fx swaps, communication, KYC inquiries, Fixed Income, Equities
5-8 yrs
SGD 7,000 - 10,000 per month
Singapore
Skills:
AML CFT screening, regulatory monitoring, LP due diligence, internal compliance testing, AML KYC requirements, policy procedure maintenance, Regulatory Compliance
2-5 yrs
SGD 4,000 - 6,000 per month
Singapore
Skills:
Suspicious Transaction Reports (STRs), Anti-Money Laundering (AML), Transaction Monitoring, Regulatory Reporting, Financial Crime Compliance, Fraud Investigations
8-10 yrs
Singapore
Skills:
AML CFT training, Risk Assessment, enhanced due diligence, AML CFT, suspicious transaction report, financial crime advice