Get to know our Team:
The team partners closely with the business to address regulatory issues and provide interpretive guidance to ensure compliance with current/developing regional regulations. The team also corresponds with regional regulators and proactively identifies opportunities to deepen relationships with key government stakeholders. This is a unique and dynamic role that taps on both compliance and relationship management skills, and which employs cutting edge digital technology to protect the business.
Get to know the Role:
- Assess and interpret the potential impact of applicable regional financial regulations and rules on business and product development.
- Develop, maintain and implement the country compliance program, including the Compliance policies and guidelines, regulatory documentation, training logs and related policies/procedures.
- Conduct compliance risk assessments, including customer/merchant on-boarding where needed.
- Identify and act on potential/actual AML risk issues such as the filing of suspicious transaction reports
- Work closely with operations and product teams to identify enhancements in compliance processes and play a driving role to implement system changes.
- Prepare and submit periodic reports/presentations to regulatory bodies and senior management forums.
- Coordinate closely with subject matter experts to implement risk mitigation strategies in key areas such as personal data protection, transaction monitoring, business continuity and information security.
- Develop training materials and regularly sensitise senior management, relevant employees and business partners regarding key compliance risks.
- Support and where necessary drive government relations activities in regional markets to deepen ties with financial regulators and central banks.
- Travel frequently within South-east Asia where Grab has a presence to build similar compliance frameworks in these countries, as well as support country compliance teams when required.
The must haves
- Constructive attitude and a demonstrated willingness to “get hands dirty” to effectively solve problems.
- Excellent interpersonal, written and verbal communication skills.
- Self-starter, highly motivated and goal focused.
- 5 - 8 years relevant experience in regulatory compliance/internal audit in a financial institution. Highly qualified candidates with experience working for a financial regulator will be prioritised for assessment.
- Experience in drafting policy recommendation papers; or policies, procedures, and manuals.
- Experience in liaising with financial regulators, responding to regulatory inquiries and surveys and managing inspections.
- Experience in stakeholder management at all levels, particularly senior stakeholders.
- Knowledge of Singapore’s and ideally one other South-East Asian country’s payment regulatory framework
- Comfort in managing ambiguity and operating in a hyper-growth company.
