Compliance Officer

About Hex Trust

Hex Trust is a fully-licensed and insured digital asset custodian. Led by veteran banking technologists and award-winning financial services experts, Hex Trust has built Hex Safe, a proprietary bank-grade platform that delivers solutions for digital asset protocols, foundations, financial institutions, and the Web3 ecosystem. Hex Trust has offices in Singapore, Hong Kong, Dubai, Italy, and Vietnam.

About the Job

Hex Technologies Pte Ltd received the Major Payment Institution (MPI) in-principal approval license in July 2024 and, as one of the first custodians to receive the MPI license, the Compliance Officer (CO) will be responsible for day-to-day compliance works and operations in our Singapore office and help ensure compliance risks are identified and adequately mitigated in both Singapore and at the Group company level. In addition, the CO will also help with the planning, implementation and oversight of the Governance-related responsibilities of the Compliance department, including but not limited to, reporting requirements for internal and external parties.

Responsibilities:

1. Manage compliance risk strategies, policies and frameworks at local and group level;
2. Monitor and assess compliance with the laws, regulations and policies of Singapore and the MAS;
3. Provide inputs to the Head of Legal & Compliance and management team on ongoing licensing requirements and best practices of processes at group level;
4. Implementation and processing of compliance controls and risk management activities;
5. Manage regulatory reporting;
6. Direct reporting to the Head of Legal and Compliance;
7. Carry out awareness briefing and staff training on regulatory requirements, company policies and procedures;
8. Liaison with regulators, auditors and law enforcement. Oversee compliance reviews and investigations;
9. Review marketing materials prior to publication;
10. Verify and ensure documentation is complete prior to onboarding of clients;
11. Perform investigative work on suspicious transactions and/or activities for both fiat and cryptocurrency transactions;
12. Manage and review all transaction alerts within target timelines, and where appropriate, prepare Suspicious Transaction Reports (STRs) to the relevant Authorities.