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We are seeking an experienced Senior Regulatory Compliance Manager to join our expanding Group Regulatory Compliance team, based in our Singapore office. This key senior role sits within the Group GRC Function and reports directly to the Group Head of Regulatory Compliance in the UK. You will hold primary responsibility for overseeing and executing the regulatory compliance framework for our Singapore-licenced payment services business, while contributing to Group-wide compliance initiatives and standards. As the senior regulatory subject matter expert in Singapore, you will provide advice and guidance to business leaders and other colleagues, drive implementation of compliance controls, and ensure our operations meet all applicable requirements under the Payment Services Act (PSA), MAS Notices and Guidelines, and broader Singaporean regulatory frameworks.
Job Responsibility:
Provide 2nd line of defence Compliance oversight across all Singaporean business activities, products and services
Act as the primary subject matter expert for all regulatory and compliance matters in Singapore, including PSA, MAS requirements, AMLF/CFT notices, Technology/Risk Management (TRM) Guidelines and other relevant regulations
Provide regulatory and compliance advice and support to ensure the Singapore business meets its legal and regulatory obligations
Support the Group Regulatory Compliance function in the day-to-day activities
Drive the regulatory compliance and conduct risk agenda across the Singapore entity, by engaging with relevant stakeholders
Review, analyse, manage and oversee all regulatory enquiries and incidents related to Singapore entity and business activities
Manage and develop Singaporean regulatory engagement in conjunction with the Group Head of Regulatory Compliance and Group Chief Compliance & Risk Officer
Support and closely collaborate with all GRC functions, including MLROs, Anti-Financial Crime Compliance and Enterprise Risk functions
Work closely with the 1st line of defence teams, external and internal audit and assurance providers, as well as business stakeholders to ensure regulatory and compliance risks are understood and managed adequately
Attend and provide input to all relevant committees and forums as required
Manage Singapore regulatory horizon scanning and planned change implementation initiatives
Contribute to the Group and Singapore-specific Compliance Training programmes
Requirements:
Minimum 5 years’ experience in compliance and/or regulatory legal areas, most of which is in the payment/e-money and/or broader financial services industry
Subject matter expert in Singaporean regulatory frameworks for payments/e-money businesses, including the PAS, MAS AML/CTF Notices, TRM Guidelines and related governance requirements
Proven experience and good track record of dealings with MAS and managing regulatory relationships, supervisory reviews and inspections
University degree and professional qualification in the relevant discipline (preferable - ICA, ACAMS, CPA, Law degree)
Excellent communication skills and ability to influence and promote compliance agenda
Experience of working within a Group setup and 3 lines of defence operating model
Strong analytical skills, attention to detail, and pragmatic approach to challenges
Highest standards of professionalism and individual accountability
Fluent oral and written skills in English
Applicants must have the legal right to work in Singapore
Nice to have:
Additional Asian languages are an advantage but not essential
What we offer:
Opportunity to work flexibly
Opportunity to balance some remote working with time in the office
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