Senior Associate, Regulatory Compliance

AirwallexSingapore, Singapore, SingaporeYesterday

In Office Senior APAC Banking Fintech Associate Compliance Officer Regulatory Compliance Staff Development Reporting Cross-functional Collaboration Risk Management

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Requirements

We're looking for people who meet the minimum qualifications for this role. The preferred qualifications are great to have, but are not mandatory.
Bachelor’s degree with a minimum of 4 years of regulatory compliance experience in a financial institution, FinTech, legal / consulting firm, or combination of the above
Familiarity with financial regulatory laws, rules, regulations and industry best practices in the Singapore and more broadly across Asia
Data proficiency - ability to work with data and leverage it for strategic decision-making
Ability to operate strategically and think creatively to solve complex regulatory compliance challenges
Superior communication skills, with the ability to clearly explain complex topics to a wide range of stakeholders including regulators, executive leadership, and front-line staff
Experience with developing and/or maintaining a compliance program within a financial institution, preferably in respect of payments activity
Exposure to licensing processes, regulatory expansion, and RegTech or technology-driven compliance solutions
Understanding of financial products and related conduct risk, ethics, and controls
Direct experience dealing with the MAS in Singapore. Candidates with experience with other regulators in the Asia region will be highly regarded
Applicant Safety Policy: Fraud and Third-Party Recruiters
To protect you from recruitment scams, please be aware that Airwallex will not ask for bank details, sensitive ID numbers (i.e. passport), or any form of payment during the application or interview process. All official communication will come from an @airwallex.com email address. Please apply only through careers.airwallex.com or our official LinkedIn page.
Airwallex does not accept unsolicited resumes from search firms/recruiters. Airwallex will not pay any fees to search firms/recruiters if a candidate is submitted by a search firm/recruiter unless an agreement has been entered into with respect to specific open position(s). Search firms/recruiters submitting resumes to Airwallex on an unsolicited basis shall be deemed to accept this condition, regardless of any other provision to the contrary.
Equal opportunity
Equal opportunity

Responsibilities

As Senior Associate, Regulatory Compliance, Singapore you will deliver on the regulatory engagement strategy in Singapore and more broadly across the Asia region. You will maintain our licensing responsibilities and coordinate with all internal and external parties as necessary to ensure compliance through the communication of regulatory requirements, cross-functional collaboration to productize solutions and offerings, implementation and execution of processes, filing of all requisite reports, renewal of registrations and licenses, end-to-end management of regulatory examinations, and interfacing with our regulators on ad-hoc inquiries. You will analyse new and existing products and provide guidance to ensure that our 2LOD controls are fit for purpose and comply with regulatory obligations and guide the first line business to enable the maturity of both customer-facing and internal back-office processes and product features.
Support the Airwallex Group’s expansion by managing the regulatory compliance components of licence authorisation processes
Act as a key stakeholder in relation to licence applications, business plan updates and information requests between Airwallex and our regulators
Ensure that our regulatory compliance and integrity risk reporting obligations are maintained for all Airwallex Group entities in the region
Support and / or manage on-site exams and inspections (in collaboration with our LRC colleagues)
Advise the business with respect to regulatory change initiatives with a particular focus on how to effectively manage compliance risk attached to new laws and regulations in the jurisdictions we operate
Develop policies, processes and provide advice in relation to regulatory risk obligations that exist within the 1st line business
Manage regulatory compliance risk within the Airwallex Risk Management Framework and associated escalation process (inc. the Group Risk Committee)
Advise the business in relation to conduct risk and ethics matters (where appropriate) relating to our financial services licences
Deliver the Compliance Monitoring Program; Conduct targeted and thematic reviews on a wide range of topics to ensure appropriate organisational maturity
Deliver the Airwallex Group’s Compliance Training for employees and conduct ad-hoc training to specific business areas as required
Conduct ‘Proactive Special Ops’ projects to unlock business or operational issues to enable Airwallex to achieve its strategic goals more rapidly