Manager of Compliance

Job Summary :

Responsible for developing and executing strategies to ensure adherence to regulatory requirements. Conducting regular risk assessments and collaborating across teams to integrate compliance considerations into business processes, managing regulatory relationships, and leading investigations into compliance issues. This role report to Senior Compliance Officer (MLRO).

Job Duties and Responsibilities :

1. Develop and implement compliance strategies to ensure adherence to regulatory requirements within the payments industry.


2. Stay abreast of changes in relevant laws, regulations, and industry standards, and update internal policies accordingly.


3. Conduct regular risk assessments and audits to identify and mitigate compliance risks.


4. Collaborate with cross-functional teams to integrate compliance considerations into product development and business processes.


5. Oversee the creation and delivery of compliance training programs for staff to enhance awareness and understanding of regulations.


6. Manage relationships with regulatory authorities and ensure timely and accurate reporting.


7. Monitor and analyze emerging trends and issues in the payments industry that may impact compliance.


8. Lead investigations into compliance issues and violations, and recommend corrective actions.


9. Establish and maintain strong internal controls to safeguard the company's compliance status.


10. Prepare and submit regulatory filings and reports as required by relevant authorities.


11. Perform any other related duties that may be assigned by the Management from time to time.

Job Requirements :

1. 1. Bachelor's degree in a relevant field; advanced degree or professional certifications in compliance preferred.


2. Proven experience in compliance management within the payments industry.


3. In-depth knowledge of relevant regulations, such as PCI DSS, AML, KYC, and other payment-related compliance requirements.


4. Strong analytical and problem-solving skills, with attention to detail.


5. Excellent communication and interpersonal skills to effectively liaise with internal teams, external partners, and regulatory bodies.


6. Ability to lead and inspire a compliance team, fostering a culture of accountability and ethical behavior.


7. Demonstrated ability to adapt to changing regulatory landscapes and implement proactive compliance measures.


8. Familiarity with risk management frameworks and practices.


9. Proficiency in using compliance management tools and software.