About Us
At M-DAQ Global, we are on a mission to create a World without Currency Borders. We are a pioneering fintech group specialising in foreign exchange (FX) & payment solutions that facilitate seamless cross-border transactions for businesses worldwide.
Headquartered in Singapore, our vibrant and diverse team spans six countries and territories. We foster a dynamic environment where individuals can contribute to a comprehensive suite of solutions, from advanced FX and streamlined collections to AI-driven onboarding and enhanced risk management. If you are passionate about making a tangible impact in the global financial landscape, and eager to grow within a company that is constantly innovating, M-DAQ Global offers a unique opportunity.
Join us and be part of the team powering faster, smarter cross-border payment and FX solutions for Asia and the world.
For more information, please visit: www.m-daq.com.
Responsibilities and Duties
- Be accountable for creating and implementing a scalable regulatory compliance framework across first and second line compliance responsibilities to ensure that M-DAQ & its group of companies meet their regulatory and financial services licence obligations.
- Design and implement policies, procedures, systems, governance and internal controls to ensure licensing commitments and regulatory conditions are met and followed.
- Oversee M-DAQ's efforts to combat financial economic crime, including anti-money laundering (AML), combating the financing of terrorism (CFT), sanctions and anti-bribery & corruption (ABC).
- Implement and maintain a robust customer due diligence (CDD)/know your customer (KYC) programme for the onboarding of new customers and regular review of existing customers to comply with all AML and CFT requirements.
- Continually develop, maintain and provide internal advice on M-DAQ's compliance policies, handbooks and manuals.
- Develop and implement an enterprise-wide risk assessment framework to assess our inherent risks and control measures in collaboration with other risk functions.
- Identify, monitor, and mitigate operational risks by ensuring effective internal controls, business continuity planning, and incident management processes are in place.
- Serve as the primary point of contact for all regulatory compliance matters
- Support internal and external audits from our regulators, liquidity providers, audit partners and banking partners
- Support corporate governance matters
- Assist with other aspects of the business and special projects
Desired Skill Set and Attributes
- Tertiary educational qualification, professional certification, years of relevant compliance experience in a payments institution, bank, or other MAS-regulated financial institution or fintech
- Deep knowledge of and familiarity with regulatory compliance requirements and relevant regulations
- Solid experience building and implementing compliance programmes, policies and procedures
- Proficiency with compliance management, name-screening and transaction monitoring software
- Proficiency in written and spoken English, familiarity with business, legal, policy, and financial documentation
- Sound business and commercial judgement
- Demonstrable ability in managing stakeholders, especially in the financial/payments space
- Driven personality to work in a fast-paced environment
- Collaborative and personable team player who enjoys interacting with different business units.
Why Us
- Make a positive impact to the world's economy by creating a World without Currency Borders
- Innovation Mindset, People-Oriented
- Challenging environment, offering great opportunities to learn and grow
- Creative and Innovative Workplace
- We offer competitive remuneration, including employee stock options and employee benefits
