Head of Compliance, AVP/VP - Toa Payoh - ref. k0300023

As the Head of Compliance, you will have the unique opportunity to oversee organizational compliance, ensuring adherence to regulatory requirements, including the PTC Act, PSA, MAS guidelines, AML/CFT measures, fraud prevention, data protection, and corporate secretariat functions.

Key Responsibilities:

Regulatory Compliance & Oversight:

• Develop, implement, and maintain compliance policies and procedures in line with MAS regulations under the PSA, PTC Act and other relevant laws.
• Ensure ongoing compliance with AML/CFT regulations, including customer due diligence (CDD), suspicious transaction reporting (STR), and sanctions screening.
• Lead compliance monitoring, testing, and reporting activities to identify and mitigate regulatory risks

Anti-Money Laundering & Fraud Prevention:

• Oversee AML and fraud risk assessment programs; recommend controls and remediation plans.
• Collaborate with internal teams and external stakeholders to detect, investigate, and report suspicious activities.
• Keep abreast of emerging trends such as financial, AML and fraud related crimes, adapting strategies accordingly.
• Data Protection & Privacy:
• Act as the Data Protection Officer (DPO) to ensure compliance with Singapore’s Personal Data Protection Act (PDPA) and other applicable privacy laws.
• Oversee data governance frameworks, privacy impact assessments, and data breach response protocols.
• Conduct staff training on data privacy policies and practices.

• Manage corporate governance and secretariat duties, ensuring compliance with statutory and regulatory requirements.
• Advise senior management and the board on governance best practices and regulatory updates.

• Serve as the primary liaison with MAS and other regulatory bodies on compliance matters.
• Coordinate regulatory examinations, audits, and inspections.
• Provide regulatory updates and training to staff across the organization.
• Leadership & Team Management:
• Build and lead a high-performing compliance team, fostering a culture of integrity and risk awareness.
• Provide mentorship, coaching, and professional development opportunities

Requirements:

• Possess a Bachelor's degree in Law, Finance, Business, or related field with advanced training or professional certifications (e.g., CAMS, CCEP, CIPM) preferred.
• Minimum 8-10 years of relevant and progressive experience in compliance, AML, fraud prevention, and data protection within the financial or payment services industry.
• Strong knowledge of PTC Act, MAS regulations, PSA, AML/CFT frameworks, PDPA, and corporate governance practices.
• Proven experience in managing regulatory relationships and compliance programs in Singapore.
• Excellent leadership, communication, and stakeholder management skills.
• Strong analytical mindset with attention to detail and problem-solving abilities.
• We regret to inform that only shortlisted candidates would be notified

EA License Number

Vivian Chen

R23116467

EA 24C2366