Head of Financial Crime Compliance

About the Client :

Innovative fintech leader specializes in digital payment solutions,

offering seamless, secure, and convenient cashless transactions. The company

provides a widely used e-wallet platform that supports everyday payments, toll

transactions, public transport, online purchases, and peer-to-peer transfers.

With a strong focus on financial inclusion and cutting-edge technology, it

serves millions of users and merchants, driving the adoption of digital

payments

Job Purpose :

The Head, Financial Crime Compliance is responsible for leading the

company’s efforts in mitigating regulatory, AML, and financial crime risks.

This role ensures robust compliance frameworks, monitors regulatory changes,

and provides strategic guidance to senior management and business units to

uphold the highest standards of compliance and governance.

Job Responsibilities :

Identify and assess

regulatory risks associated with the company’s business activities.

Perform reviews to

evaluate the adequacy of internal controls implemented by business and

support units to manage regulatory compliance risks, and promptly follow

up on any deficiencies and remediation plans.

Develop, implement,

and review compliance policies related to digital payments, ensuring

adherence to regulatory requirements.

Monitor changes in

legislation and regulatory frameworks, communicating their impact to the

company.

Lead the development

and execution of the annual Compliance Plan.

Report compliance,

governance, and AML-related issues to senior management, proposing

solutions to address them.

Oversee the AML team

in performing AML-related tasks, including name screening, transaction

monitoring, and reporting.

Support business

units in securing regulatory approvals as needed.

Coordinate with

stakeholders to ensure timely closure of audit findings within agreed

timelines.

Prepare compliance

risk reports, including risk assessments, non-compliance incidents,

corrective actions, and impact analyses.

Advise senior

management and business units on compliance, regulatory, and AML

requirements, keeping them informed of developments and assessing their

impact on the company’s risk profile.

Provide compliance

training and guidance to employees on regulatory requirements and internal

controls.

Disseminate

compliance and regulatory updates across business and support units.

Manage the

compliance department’s budget effectively.

Job Requirements : Bachelor’s degree in

Law, Banking, Finance, or a related field.

Minimum 15 years of

compliance experience, preferably in the financial sector, with a focus on

financial crime, AML, and regulatory risk.

Strong knowledge of

financial sector laws, regulations, and compliance frameworks.

Excellent written

and verbal communication skills.

Proven ability to

engage and manage stakeholders at all levels.

Please be informed that only shortlisted candidate will be notified.

Kindly contact Ms. Jamie via WhatsApp at 012-2389953 or via email at

jamie.tan@peoplelake.asia if you need further information

PeopleLAKE is a full-service HR solution company providing Recruitment,

HR Outsourcing, and Corporate Training. eLawyer Recruitment is part of

PeopleLAKE Group.

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