Compliance Consultant (Payments Licensing)

• Oversee the entire Singapore payments licensing process from application submission to final approval
• Opportunity to develop a greenfield project with a global cross-border payments firm

About Our Client

Our client is a global player in the cross-border payments sector, aiming to establish operations in Singapore. To facilitate its market entry, the organization seeks a seasoned payments compliance expert to assist with the licensing application and lay the necessary regulatory groundwork for its Singaporean operations.

Job Description

• Manage and coordinate the comprehensive payment services license application process, including all regulatory submissions, addressing queries, and achieving key application milestones.
• Enhance and review licensing documentation such as business plans, AML/CFT policies, risk management frameworks, governance structures, and compliance papers.
• Serve as the primary regulatory liaison for the organization, facilitating discussions and interactions with regulatory bodies and external consultants.
• Provide strategic advice to management regarding licensing strategies, regulatory requirements, governance, and operational readiness for the Singapore market.

The Successful Applicant

• Extensive compliance, regulatory, or legal & compliance experience in payments, fintech, or cross-border payments.
• Demonstrable hands-on experience in leading or significantly contributing to a successful application for a payment services license in Singapore.
• In-depth understanding of the Payment Services Act, AML/CFT obligations, and direct experience managing regulatory interactions during the licensing process.
• Ability to work independently in a greenfield setting while providing pragmatic guidance to senior management throughout the licensing journey.

What's on Offer

An exceptional opportunity to spearhead a Singapore payments licensing initiative for an international cross-border payments organization entering the market. The selected candidate will collaborate closely with senior stakeholders, playing a critical role in establishing the company's regulatory, governance, and compliance framework in Singapore.

Contact

Devan Nanthacumar (Lic No:R1871442 / EA no:18S9099)

Quote job ref

JN-092026-7097907

Phone number

+65 6416 9879

Michael Page International Pte Ltd | Registration No. 199804751N