Head Of AML

About Aspire

We are the leading all-in-one finance operating system for growing businesses in South-East Asia. We are on a mission to reinvent business finance for a new generation of entrepreneurs and business owners, empowering startups and SMBs to realize their full potential.

We have successfully closed an oversubscribed US$ 100 million Series C equity round in 2023 led by Sequoia and Lightspeed with participation of Tencent and PayPal. Since its inception in 2018, we have has raised over US$ 300 million from world-class investors to power our solutions we have partnered with some of the best companies in the world such as Visa and Wise and help more than 15,000 businesses using our suite of products.

In 2020 we were awarded Hottest Startup by Singapore Business Review and Finalist MAS Fintech Awards. In 2021, 2022 and 2023 we were named in LinkedIn's Top 5 Startups in Singapore and awarded Best Employer of the Year and best Payments Tech 2022 by Asia Fintech Awards.

You will be amazed by our energy and ambition. We are a team of ex-entrepreneurs, ex-founders, and A-players with international and diverse backgrounds. We team up to excel in what we do, and don't take NO for an answer.

We are expanding rapidly. Are you a top talent? Are you passionate about entrepreneurship? Join us and make an impact in the Fintech space!

About the role:

You are an experienced senior compliance professional with experience in the payment services, fintech, banking, or financial services industries, and a strong track record of executing AML & CFT programs. You will play a critical role in working with the Global  Head of Compliance to develop a group-level AML & CFT control framework for Aspire’s products and services as it prepares to scale its product offerings while expanding to multiple markets.

You will be dealing with any and all regulatory and compliance matters, such as designing compliance strategies in line with legal requirements guidelines from group perspective, drafting and implementing policies, SOPs, systems, governance, and internal controls, and helping Aspire comply with its regulatory obligations.

What will you be doing? 

• Develop group AML & CFT framework and standards.
• Conduct gap assessments for AML controls.
• Ensure all policies are in place and reviewed periodically.
• Guide respective country MLROs and review/approve escalation cases.
• Review and maintain policies, SOPs, and internal controls for regulatory compliance with the Payment Services Act.
• Monitor and conduct audits of the operational execution of compliance policies.
• Work with the AML Operations team to train them on the KYC and Transaction Monitoring requirements as per the regulations and company policy.
• Provide advice to the AML Operations teams and the business on complex and high-risk escalations.
• Assist in internal and external audits of compliance and regulatory processes and procedures.
• Develop content for internal training sessions on the regulatory and compliance framework for the business and compliance teams.
• Maintain a thorough working knowledge of current regulatory requirements, familiarity with company processes, policies, and products.
• Prepare and submit regulatory reports to the regulators as and when due.
• This role requires a proactive and detail-oriented professional who can navigate complex regulatory environments and ensure that Aspire meets all compliance requirements while supporting the growth and expansion of its services.

We would love to get to know you if you have the following: 

• Develop group AML & CFT framework and standards.
• Conduct gap assessments for AML controls.
• Ensure all policies are in place and reviewed periodically.
• Guide respective country MLROs and review/approve escalation cases.
• Review and maintain policies, SOPs, and internal controls for regulatory compliance with the Payment Services Act.
• Monitor and conduct audits of the operational execution of compliance policies.
• Work with the AML Operations team to train them on the KYC and Transaction Monitoring requirements as per the regulations and company policy.
• Provide advice to the AML Operations teams and the business on complex and high-risk escalations.
• Assist in internal and external audits of compliance and regulatory processes and procedures.
• Develop content for internal training sessions on the regulatory and compliance framework for the business and compliance teams.
• Maintain a thorough working knowledge of current regulatory requirements, familiarity with company processes, policies, and products.
• Prepare and submit regulatory reports to the regulators as and when due.
• This role requires a proactive and detail-oriented professional who can navigate complex regulatory environments and ensure that Aspire meets all compliance requirements while supporting the growth and expansion of its services.

Minimum qualifications: 

• Minimum of 7 years of work experience in compliance/financial crime
• A good knowledge of the payments/fintech industry and the relevant regulations in Singapore
• Well-versed with AML/KYC/TxM process
• Experience of designing, implementing and monitoring the effectiveness of AML/CTF policies
• Experience in interacting with financial regulators in multiple jurisdictions, MAS is a must.

Preferred qualifications:

• Strong English communication skills (both written and verbal)
• Strong team player to work with various internal stakeholders to effectively implement the compliance program
• Independent worker with strong analytical skills and the ability to make sound compliance/regulatory recommendations