Compliance Specialist (Apac)

At Omise, we believe the digitalization of the economy has opened up the world and offers endless opportunities to grow and make meaningful connections with one another. Omise is powered by its payment infrastructure sister company, Omise Payment Holdings, which provides one-stop online payment solutions.

Omise connects people, businesses and society in innovative ways to provide fair and open access to a growing economic ecosystem under its vision of enabling access to the digital economy for everyone. We are on a mission to make digital finance seamless and borderless for people and businesses. Our solutions are used by thousands of companies worldwide including Toyota, ByteDance, ICBC, SCB, True, Allianz Ayudhya, McDonald’s, BMW, King Power and Pomelo.

We are obsessed with solving financial coordination problems and developing new business models and technology that enable businesses to grow. We focus on addressing financial complexities and chokepoints by offering seamless and borderless solutions for our customers because we want them to focus on their core business and value proposition.

As a value-driven organization, we are dedicated to selecting and retaining the sharpest minds across all functions. Help us make digital finance seamless and borderless for people and businesses.

Why we need you

A Compliance Specialist is responsible for ensuring our business operations align with applicable laws, regulations, and policies while meeting our business goals. Key responsibilities include monitoring changes in laws and regulations and providing detailed compliance reports to leadership. The role involves collaborating with business units and relevant stakeholders to address compliance concerns and ensure new products/services comply with licensing and regulatory requirements and continuously improve our compliance efforts.

This role focuses on the compliance and regulatory functions of Singapore and Malaysia operations. The role involves monitoring the regulatory landscape related to card schemes, payment services, money laundering, and personal data protection, and ensuring that internal policies and procedures align with relevant regulations, including those of the Monetary Authority of Singapore, Bank Negara Malaysia, card schemes, and AML/CFT laws. Additionally, the role provides advice and implementation support for the company’s AML/CFT and KYC policies.

What you will be doing

• Stay updated on changes in laws and regulations and initiate projects to address compliance gaps.
• Act as the main contact for policy, law, and regulation-related information within the company.
• Serve as the local anti-money laundering compliance officer, including reviewing and reporting suspicious transactions to the appropriate authorities.
• Liaise with local regulatory authorities and file compliance reports as needed.
• Maintain positive relationships with regulatory bodies.
• Monitor, identify, and report compliance issues, irregularities, and violations.
• Maintain accurate records of compliance activities and create action plans to address any violations.
• Review and update policies to reflect both compliance and business requirements.
• Provide support for our AML/CFT compliance program and take appropriate actions in response to suspected ML/TF cases.
• Collaborate with the KYC and Risk Management teams to evaluate high-risk merchants during merchant evaluations for compliance.
• Act as a counsel for AML/CFT and KYC compliance queries and challenges.
• Develop and deliver employee training on compliance policies and other compliance-related topics.
• Facilitate internal training sessions on compliance requirements and ensure a proactive approach to compliance gap analysis.
• Continuously review and update the documentation to enhance compliance efforts and collect relevant rules and regulations.

You

• Educational background and/or practical experience in compliance in the payment and/or banking industry.
• A profound comprehension of the local regulatory framework established by the Monetary Authority of Singapore (MAS), Bank Negara Malaysia (BNM).
• Possession of training or a successful certification as a certified anti-money laundering specialist (CAMS) is advantageous.
• Strong motivation to read and comprehend laws, regulations, and policies.
• Effective ability to explain and present regulatory and legal requirements, representing the company to partners and regulators.
• Previous work experience in compliance within the payment and/or FinTech industry is advantageous.
• Strong analytical and critical thinking skills, along with excellent documentation and reporting abilities.
• Proficiency in English, both written and spoken, at a professional level.
• The ability to ask pertinent questions and delve deep for answers.
• Courageously addresses concerns and raises issues when necessary.
• Proficient in handling challenging and fast-paced work environments with ease and adaptability.
• Keen attention to detail to ensure accuracy and compliance.

How to apply

If you liked what you read and believe to be up for the challenge, we'd be pleased to welcome you to the recruitment process for this position. Simply click on apply and submit your contact info. Afterward, this will happen next:

• The hiring team will review your application
  
• 2-3 Interviews with the hiring team, People Operations team and all stakeholders involved in the process

Why you’ll love it here

• Work with other talented, ambitious international colleagues who love their craft
• A modern and well-equipped work environment
• Flexible working hours
• A medical healthcare plan and annual health check-up
• A friendly bunch of colleagues

What we believe in

• We cultivate teamwork and a trust-based working culture
• We celebrate diversity and continuous improvement
• Giving our employees the opportunity and create for their own success

About Omise

• Founded in 2013, 500 people
• Headquartered in Japan, with operational headquarters in Bangkok and offices in Singapore, Indonesia, Malaysia and Vietnam
• Raised over $236M of funding to date from institutional investors including SCB10X, SPARX Group Co. Ltd., Toyota Financial Services Corporation, JIC Venture Growth Investments, MUFG Bank, Mars Growth Capital, Ascend Venture Group, and more
• Won Digital Startup of the Year at Digital Thailand Big Bang 2017
• Won Forbes Japan Startup of the Year 2018
• Won 3 awards from International Business Magazine Award 2020
  • Most Innovative Electronic Payment Platform for Singapore
  • Most Innovative Seamless Transactions Provider for Singapore
  • Best Payment Solutions Provider in Singapore
• Won Mizuho Innovation Award 2022 (Q2)

Life at Omise

Nearly 500 employees work from our six office locations as well as remotely from home or co-working spaces. While we are a global company, a lot of our thinking goes into how to solve payment problems at the hyper-local level to help businesses scale and reach their customers.

Our core values — simple, real, and beautiful serve as our North Star and are integrated into how we work and the results of our work.

At Omise, we empower people to embrace project-ownership and take initiative. We love to see our employees act as the owner of the outcome and confidently provide solutions to each challenge, taking a collaborative teamwork approach. Our fellow employees are encouraged to discuss and share ideas, and are given the freedom to explore all areas of their work, in order to achieve the expected results.

People at Omise are from different backgrounds and together, we contribute to creating an inclusive, friendly, and safe working environment. As a company, we embrace diversity and value open discussions, a learning mindset, professionalism, and respect. “Growing with us” means to celebrate the challenges and to always look for opportunities to learn, develop your skills, and move one step forward each day. If this is the work environment you are looking for, then get in touch with us.

We look forward to hearing from you. Omise embraces diversity and nourishes an open and inclusive work environment. We are home to over 27 nationalities and all decisions to hire, promote or discharge are based on merit, competence, performance, and business needs.

We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other applicable legally protected characteristics.

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  Discover how Omise prioritizes and protects your privacy and data by clicking HERE to explore our Human Resources privacy policy before you embark on your journey with us.