Compliance Officer / MLRO

About SG EPAY

SG EPAY PTE LTD is a Singapore-based payment services company licensed by the Monetary Authority of Singapore as a Major Payment Institution (MPI).

Our licensed payment services include:

• Merchant acquisition services;
• Cross-border money transfer services;
• Domestic money transfer services.

We are looking for an experienced Compliance Officer / MLRO to join our team and support the company’s compliance, AML/CFT, merchant onboarding, and regulatory requirements.

• Act as Compliance Officer and/or MLRO for the company, subject to internal appointment and regulatory requirements.
• Oversee AML/CFT compliance matters in line with MAS requirements and internal policies.
• Review merchant onboarding documents, KYC/KYB information, ownership structures, business models, websites, transaction profiles, and risk indicators.
• Conduct enhanced due diligence for higher-risk merchants or transactions.
• Support ongoing transaction monitoring, suspicious transaction review, and internal escalation.
• Maintain and update compliance policies, procedures, risk assessment frameworks, and internal control documents.
• Liaise with MAS, banks, acquirers, auditors, and external compliance advisors where required.
• Support responses to regulatory, banking, and acquirer due diligence queries.
• Prepare compliance reports, risk committee materials, and management updates.
• Provide compliance advice to internal teams on merchant onboarding, payment flows, risk controls, and documentation requirements.
• Ensure proper record keeping for AML/CFT, merchant onboarding, compliance reviews, and audit purposes.

• Minimum 4–5 years of compliance experience in payments, fintech, remittance, banking, acquiring, e-commerce payments, or other regulated financial services.
• Good understanding of Singapore AML/CFT requirements, preferably including MAS regulations applicable to payment institutions.
• Experience in merchant onboarding, KYB, transaction monitoring, sanctions screening, adverse media review, and enhanced due diligence.
• Familiarity with payment acquiring, PayFac models, cross-border payments, remittance, or card scheme risk matters would be an advantage.
• Able to review business models, websites, ownership structures, and transaction patterns from a risk-based perspective.
• Strong written and verbal communication skills in English.
• Able to work independently and communicate clearly with management, banks, acquirers, auditors, and regulators.
• Detail-oriented, practical, and able to balance compliance requirements with business operations.
• Relevant compliance certifications such as CAMS, ICA, ACAMS, or equivalent would be an advantage but are not mandatory.

• Prior experience in a MAS-regulated payment institution, remittance company, acquiring business, PayFac, fintech, bank, or compliance consultancy.
• Hands-on experience handling MAS, bank, acquirer, or audit queries.
• Familiarity with higher-risk merchant reviews, transaction laundering risk, chargeback/dispute risk, sanctions, PEP, and adverse media screening.
• Mandarin communication ability would be an advantage due to interaction with Chinese-speaking merchants and partners, but it is not mandatory.

• Exposure to a licensed payment institution with acquiring, cross-border transfer, and domestic transfer activities.
• Direct involvement in compliance framework development and management decision-making.
• Opportunity to work closely with senior management in a growing payment business.
• Competitive salary, depending on experience and suitability.

How to Apply

Please send your CV and expected salary to: hr•@sgepay.com