Senior Compliance Manager

JOB LOCATION: Singapore/ Hong Kong

Who are EMQ
EMQ, founded in 2014, offers secured cross-border remittance services across Asia at a fraction of the price of conventional banks. Today, we have established a regulatory-approved network that offers money remittance service to diverse Asian markets. With an extensive last mile distribution footprint and a strong partner ecosystem of financial institutions, digital wallets, telecommunications companies, and traditional cash pick up operators, we provide thousands of distribution points across North and Southeast Asia. 

Responsibility: 
  • Oversee all daily compliance matters to ensure EMQ is operating compliantly with the applicable regulations and internal standard policies to minimize potential compliance risks
  • Support new business initiatives by assuming responsibilities for all compliance related issues with new corridors and facilitating the corresponding compliance controls
  • Work with business partner’s compliance teams to manage all new partner compliance-related activities, including the AML due diligence questionnaire during business partner’s onboarding process and the annual review cycle
  • Protect EMQ from compliance risks by maintaining good relationships with regulators in jurisdictions where EMQ operates, such as Singapore, Indonesia, and Hong Kong to clarify the potential risks and providing comments to business units
  • Assist in enhancing and overseeing anti-money laundering control systems to prevent potential money laundering risk and ensure proper controls are well implemented
  • Oversee all matters in connection with routine compliance inspections conducted by the regulators and external auditors, and fulfill/monitor the regulatory reporting obligations, ensuring the reporting is timely made and with accuracy
  • Develop compliance manuals and review compliance related policies/standards on a regular basis as well as comment on internal standards from compliance perspectives
  • Undertake regular reviews of compliance with internal standards and external regulatory requirements, and report to management if any deficiencies and/or risks exist
  • Continually monitor regulatory requirements and distribute new regulation circulars published by the regulators to relevant functions and update the relevant procedures when regulations change
  • Perform AML transactions monitoring and conduct timely testing of AML controls
  • Support and conduct compliance training

Requirement: 
  • Bachelor's degree in Law, Business Administration, Finance or related fields
  • 10-15 years of relevant working experience in legal, compliance, and/or audit (experience in cross border remittances/payments a plus, but not a requirement)
  • Good knowledge of AML/KYC and regulation interpretation is preferable
  • Fluent in English (proficiency in Mandarin a plus, but not a requirement)
  • Attention to details and good interpersonal skills
  • Team player with a good analytical mindset and strong problem-solving skills

Want to apply later?

Type your email address below to receive a reminder

ErrorRequired field

Apply to Job

ErrorRequired field
ErrorRequired field
ErrorRequired field
Error
Error
insert_drive_file
insert_drive_file