Kraken - Compliance Officer & MLRO, Singapore
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Requirements
• 6 + years of experience in regulatory compliance and/or AML/CFT in Singapore within a regulated financial institution, payments, brokerage, fintech, or crypto/VASP environment. • Strong working knowledge of MAS regulatory expectations and the practical ability to translate them into operational controls (product + ops + vendors + technology). • Experience supporting licensing/authorisation efforts, regulatory examinations, and regulator-facing stakeholder management. • Proven ability to build programmes from scratch: governance, policies, monitoring/testing, issue management, and reporting. • Excellent written and verbal communication skills (exec-ready), including the ability to produce regulator-grade documentation and succinct risk narratives. • Prior experience acting as an appointed compliance officer/MLRO-equivalent function in Singapore, or leading a compliance build for a new regulated entity. • Familiarity with exchange/brokerage products, custody concepts, travel rule considerations, and modern transaction monitoring systems. • Experience running remediation/customer file review programmes at scale. • Unless a specific application deadline is stated in the job posting, applications are accepted on an ongoing basis. • Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution. • We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance. • Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgable about crypto! • We may ask candidates to complete job-related skills or work-style assessments as part of our hiring process. These assessments are designed to evaluate competencies relevant to the role and are applied consistently across candidates for similar positions. Assessment results are considered alongside other relevant information, such as experience and interviews, and are not the sole basis for any employment decision.
Responsibilities
• Act as the appointed MLRO for the Singapore business; • Oversee the design and implementation of the AML/CFT framework, including: • Customer due diligence (CDD / EDD) • Sanctions screening • Transaction monitoring • Suspicious transaction reporting (STRs) • Review and approve suspicious activity reports prior to submission to STRO; • Ensure compliance with MAS AML/CFT Notices and related Guidelines; • Conduct regular AML/CFT risk assessments and oversee remediation of identified issues; • Provide AML/CFT training and awareness across relevant functions. • Product & Business Advisory • Provide compliance advisory and formal review/sign-off for: • Go-to-market strategies in Singapore • New product launches and product changes • Marketing communications and promotions • Cross-border service provision • Assess regulatory implications of new initiatives and ensure licensing perimeter alignment. • Advise on consumer protection, conduct, and disclosure obligations. • Monitoring, Testing & Controls • Implement and oversee the compliance monitoring plan, including thematic reviews and control testing; • Ensure timely remediation of compliance findings and regulatory observations; • Oversee incident reporting and regulatory breach management; • Maintain an effective issue management and escalation framework. • Board & Senior Management Engagement • Prepare and present periodic compliance and AML reports to senior management and the Board; • Provide independent challenge and oversight on regulatory and financial crime risk; • Support governance committees as required. • Training & Culture • Develop and deliver compliance and AML/CFT training programmes; • Promote a strong compliance culture across the Singapore entity; • Ensure employees understand regulatory obligations and reporting requirements. • Regulatory Accountability • The Compliance Officer & MLRO is accountable for: • Ensuring the Singapore entity’s ongoing compliance with MAS regulatory requirements. • Timely reporting of suspicious activities and regulatory breaches. • Maintaining independence and authority to escalate issues without interference.
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