The successful candidate will:
(a) be a compliance professional with experience in Regulatory Compliance ("RC”) and Financial Crime Compliance (“FCC”) functions, including but not limited to anti-money laundering/countering the financing of terrorism (“AML/CFT”) compliance, preferably in the payment services and/or FinTech sector;
(b) be passionate about and have experience in KYC/KYB and Sanctions, with experience in WorldCheck (or similar systems); and
(c) support the Chief Compliance Officer of Kris+ Pte. Ltd. (“Kris+”), a wholly-owned subsidiary of Singapore Airlines Limited (“SIA”).
Based in Singapore, Kris+ runs an application that allows its members to earn miles from in-app payments made to merchant partners and redeem the earned miles for SIA tickets or other merchants’ products and services.
Key Responsibilities
The Compliance Executive shall report to the Chief Compliance Officer of Kris+ Pte Ltd.
The Compliance Executive’s responsibilities are to establish and maintain a risk-based regulatory compliance programme for a payment services provider under licence from MAS. This includes but is not limited to the following work:
(a) Perform, monitor and/or review due diligence for onboarding, ongoing review cycle and other trigger activities of customers/merchants. Including enhanced risk assessments for sanctions, PEP, adverse news and financial crime other risks;
(b) Implement any compliance guidelines, policies, procedures and controls as may be required by regulators or as part of general industry practice;
(c) support transactions monitoring and financial crime investigations, as required;
(d) assure compliance with the Kris+ AML/CFT policy, applicable laws and MAS licence conditions; and
(e) Provide support to the Chief Compliance Officer on ad-hoc projects and initiatives as required e.g. digital projects that will further automate the compliance process and controls.
Requirements
The candidate should have:
(a) a Bachelor’s degree or higher qualification;
(b) compliance-related certifications, especially in AML/CFT compliance;
(c) at least 3 years’ experience and/or a good working knowledge in the subject matter of Financial Crimes, specifically in CDD, KYC/KYB and Sanctions;
(d) ability to objectively review data to identify, analysis and recognise patterns or trends from large datasets using different tools, and
(e) a good understanding of MAS’ regulatory compliance requirements; including but not limited related applicable laws and industry best practice.
We thank all candidates for your interest in Singapore Airlines, and regret that only shortlisted candidates will be notified.