Xendit - MLRO Thailand
Requirements
• Bachelor's degree in Law, Finance, Business, Risk Management, Compliance or related discipline. • At least 8 years' experience in AML/CFT, financial crime compliance or regulatory compliance within banks, payment service providers, fintech or financial institutions. • Experience engaging directly with AMLO or other financial regulators. • Strong knowledge of the Payment Systems Act, AMLO AML/CFT requirements, sanctions obligations and relevant international standards (FATF). • Professional certification such as ACAMS, ICA or equivalent is preferred. • Core Competencies • Strong regulatory judgement and risk management mindset. • Excellent stakeholder management and communication skills. • Commercially minded while maintaining regulatory independence. • Ability to work effectively in a fast-paced fintech environment. • High integrity and sound ethical standards. • Authority • The MLRO has authority to escalate material AML/CFT issues directly, Head of Compliance, senior management and the Board, request information from all business units, require remediation of AML/CFT control weaknesses, and independently determine STR filing decisions in accordance with applicable laws and regulations. • Key Regulatory References • Anti-Money Laundering Act B.E. 2542 (as amended) • Relevant AMLO Notifications • Bank of Thailand regulations applicable to Payment Service Providers • FATF Recommendations
Responsibilities
• Act as the appointed MLRO and maintain overall accountability for the AML/CFT framework and a point of contact to AMLO. • Develop, implement and continuously enhance AML/CFT, sanctions, fraud and financial crime policies. • Perform enterprise-wide AML/CFT risk assessments and ensure mitigating controls remain effective. • Lead regulatory inspections, audits and information requests from AMLO and other authorities. • Provide AML/CFT advisory support for new products including payment gateway, direct acquiring, payment orchestration, payouts, remittance (where applicable), QR payments and cross-border services. • Prepare AML/CFT MI reports, KRIs and Board/Management Committee reporting. • Lead remediation actions arising from audits, regulatory reviews and internal assessments. • Develop & Oversight AML/CFT training programmes and foster a strong compliance culture. • Responsible for AML reporting & support BOT regulatory reporting. • Oversee Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), ongoing monitoring and customer risk rating. • Handle escalations from the Merchant Operations (MO) team regarding onboarding of merchants. • Handle name-screening escalations from L1 analysts during real-time monitoring. • Handle escalations from L1 analysts during post-transaction monitoring. • Review STR investigations escalated from L1 analysts and prepare Suspicious Transaction Reports (STRs) and regulatory filings to AMLO. • Govern sanctions screening (customer and transaction), adverse media screening, and PEP reviews.
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