EMQ Inc.
Senior Compliance Analyst
EMQ is a global fintech company that enables businesses of every size to efficiently move money and deploy end-to-end financial services from anywhere in the world, leveraging our expansive global network. Through continuous innovation, we deliver flexible payment infrastructure with increased speed, transparency, and certainty – vital requirements in an always-on digital economy. Our API-powered platform makes it easy for businesses across industries to enable Banking as a Service (BaaS) offerings and embed financial services into their customer touchpoints for differentiated value propositions.
At EMQ, we are dedicated to improving people’s lives with our network that touches billions of people throughout Asia Pacific, Africa, Europe and North America. We remain committed to fostering a more sustainable world by making financial services more accessible and inclusive for everyone, everywhere.
If you are seeking an opportunity to make a real difference in a company with a global reach and exciting financial services, come join us and grow with a team of people who will energize and inspire you!
The Role:
As a Senior Compliance Analyst for EMQ in Singapore, you will work closely with and report to the Singapore MLRO & APAC Compliance Lead. Compliance team to ensure that we apply best practice in carrying out customer due diligence, identifying and assessing risk and ensuring commensurate controls are applied.
What You’ll Be Doing…
- Assist APAC Compliance Lead in meeting SG MLRO responsibilities by working cross-functionally across multiple teams to ensure execution against regulatory requirements and internal policies
- Perform risk assessments of financial institutions and non-bank financial institutions
- Advise and carryout EDD and suggest controls commensurate with the risks identified
- Collaborate with other departments to create a culture of compliance and promote the adoption of a compliance culture throughout EMQ’s UK operations, consistent with EMQ’s values
- Follow up on outstanding onboarding issues/escalations
- Respond to onboarding/client review requests raised by the relevant business development Managers
- Reviews and approves AML Questionnaires and Commercial agreement deviations by/from network partners
- Appropriately escalate issues to management, MLRO, and/or the business as appropriate.
- Help to develop policies and procedures and risk assessments in relation to the initial and ongoing customer due diligence of bank and non-bank financial institutions and help lead the implementation of the same.
- Tracks local regulatory and AML policies released by MAS and performs gap analysis against EMQ’s global requirements
- Act in an advisory capacity in connection to client onboarding
- Recommend, develop, and implement solutions to support continuous improvement of our processes, procedures, and services.
- Provide ad hoc training to the compliance team and front office functions where required.
- Maintain a high level of accuracy and quality.
What We’re Looking For…
- Ially hold a bachelor’s or above degree in Law, Business Administration, Finance or related fields
- Fluent in English and able to communicate clearly both orally and in writing; working knowledge of the FinTech industry and international remittance service is a great asset
- A minimum of 5+ years’ relevant working experience working within a regulated financial services business in Legal, Compliance, and/or Audit roles (experienced with cross border remittances/payments preferred)
- A rounded understanding of the global regulatory landscape
- High level of IT literacy with good Word and Excel skills; attention to detail and good interpersonal skills
- Team player with a good analytical mindset and strong problem-solving skills
You Would Benefit From Our…
- Flexible work arrangement
- Employee benefits program
- Competitive compensation packages to reward skills and performance
- High performing, ambitious and fun working culture
- Fast-paced environment, full of opportunities for career growth
- Ongoing learning and development opportunities
EMQ is committed to creating a diverse and inclusive workplace where all employees feel valued, respected and accepted.
To apply for this job please visit www.linkedin.com.