Compliance Manager

Job Description

Join the BigPay Team! Levelling up people’s life, one transaction at a time.

What we do, and why we do it

The financial system is evolving to give consumers the transparency, control and financial wellbeing they deserve. In a world where technology can change how we live for the better, there is no reason to be burdened by legacy systems, bureaucracy and mediocrity. It’s time for a change, and you can be part of this revolution!

BigPay is everything you wish your bank was: fair, transparent, frictionless. We went back to the drawing board to explore how new technologies could bring power back to you. Our goal is to solve real-world money problems for millions of people by empowering them and providing a simple interface for users to send, receive and track their money 

Life at BigPay 

We’re fast, curious and ambitious. We are on a fearless adventure to change financial services for consumers, and we value ownership, initiative and leadership from everyone in the company. We’re going out of our way to recruit the most intelligent, creative and talented people in the world. We want innovators, and that means maintaining an environment where they can flourish. Our only boss is the consumer. BigPay values highly collaborative, hard-working people, who can deconstruct problems on the fly and take the team with them, while being inventive, iterative and agile. We never want to reach a stage where we are not challenged on a daily basis – because it means we’re not going fast enough.

We are hiring

Compliance Manager - To assist the Compliance Officer and Group CLO in the areas of licensing, regulatory engagement. compliance assurance and advisory aspects of compliance in adherence to the applicable laws and regulations for the conduct of the organisation’s  business and operations.

About the job

• Licensing: Preparing, assisting and conducting research in respect of the applications required to the local regulators for the requisite licenses, approvals and/or permits to launch and operate new financial services related products (including but not limited to Malaysia, Singapore, Thailand, Indonesia, Philippines and other markets where the Group decides to expand its business operations)

• Regulatory: Provide advice on regulatory and compliance matters and regulations applicable to the business and its operations including engaging with local regulators where required

• Advisory side of compliance: Review, specify and advise on internal governance policies, assisting compliance including reviewing standard operating procedures (SOPs), processes and policies in place and advising for improvement where required including review of the business framework to ensure internal governance and compliance to the various laws and regulations applicable to the business and its operations

• Compliance Assurance: Execute compliance assurance through gap analysis, compliance review and testing etc

• Any other scope of work under the Compliance department as determined by the Group CLO and/or Compliance Officer 

To be successful

• A Bachelors’ or MBA degree

• At least 8 years or more working experience

• Working experience in a regulatory and business environment, fintech technology and/or a start-up specializing in financial services including but not limited to e-money and remittance. Working experience dealing with money lending business and operations, investment products and services is an added advantage 

• Excellent knowledge and understanding of E-Money regulations, Financial Services Act 2013, Money Services Business Act 2011, Anti-Money Laundering regulations. Familiarity with the Moneylenders Act, Capital Markets and Services Act 2007, Data protection and privacy laws is an added advantage 

• Articulate and possesses strong research, writing and analytical skills including logical abilities 

• Well organized, meticulous, attention to detail and able to multi-task

• Strong commitment to ensure regulatory compliance

• Ability to set priorities and work under pressure

• High degree of professional ethics and integrity

• Highly proficient in the English language (both written and spoken)

• Good interpersonal skills and the ability to interact with all levels of the organization / diverse personalities

• Professional appearance and demeanour

Why BigPay?

• Join a fearless adventure, where your opinion and input is highly contributional.

• Work in a fast-paced, growing company where you will be empowered to succeed.

• An environment where you can challenge and be challenged.

• You will be surrounded by a multidisciplinary group of experts.

• Competitive salary & benefits.