Compliance Officer

Job Scope:

• To support and enhance the compliance framework for our clients.
• Monitor and ensure compliance with applicable laws, regulations, and guidelines, including ACRA, MAS, and AML/CFT requirements.
• Oversee client onboarding, performing due diligence and KYC checks in line with regulatory standards and company policies.
• Develop, review, and update internal compliance policies and procedures to ensure adherence to regulatory changes.
• Conduct risk assessments on clients and business activities to identify potential compliance risks and propose mitigation strategies.
• Implement and maintain a compliance monitoring program; report compliance issues and breaches to senior management, recommending corrective actions.
• Educate and train employees on regulatory compliance, AML/CFT requirements, and any updates in relevant policies and procedures.
• Assist in preparing for internal and external audits, ensuring documentation and processes meet audit requirements.
• Act as the point of contact with regulatory bodies, staying informed of regulatory updates and ensuring timely filings and notifications.

Requirements:

• Possess a Degree in Law, Business, Finance or a related field.
• Certifications such as CAMS (Certified Anti-Money Laundering Specialist) or ICA (International Compliance Association) are a plus.
• Possess 2 years of experience in compliance within a Corporate Service Provider (CSP) or financial services environment.
• Familiarity with Singapore’s regulatory requirements for CSPs, including ACRA, AML/CFT, and MAS guidelines.
• Strong analytical and problem-solving skills.
• Strong written and verbal communication skills.
• Proficiency in compliance software and MS Office Suite.