Senior Compliance Officer

We’re Building the Future of Capital Markets; enabling entrepreneurship, job creation, financial inclusion, and economic resilience

‍As Asia's largest licensed digital securities exchange for alternative investments, Alta is at the forefront of building critical capital market infrastructure. We believe that access to capital markets are pivotal in all economies, we recognize that our role in building this critical infrastructure goes beyond facilitating trades; it paves the way for entrepreneurship, job creation, financial inclusion, and economic resilience, fostering a brighter future for emerging markets and economies.

Empowering Private Markets: Through our Digital Exchange, we enable the tokenization and digital custody of alternative assets. This end-to-end solution simplifies and expedites the trading of smaller asset blocks, ultimately facilitating access and liquidity in private markets.

Innovative Financial Ecosystem: Our journey has seen us transition from securities trading and distribution of comprehensive products, including equities, private credit, funds, and asset-backed securities (“ABS”) (representing Real World Assets ("RWA") like whiskies, wines, art, watches, and real estate) to include fund management and digital custody services.

As the only integrated securities exchange, brokerage, and fund management group with the necessary regulatory licenses and a proven track record in Southeast Asia, we are actively exploring new channels and partnerships to extend our impact to entrepreneurs and investors globally.

Established in 2016 and headquartered in Singapore, Alta operates offices globally. We welcome energetic and creative individuals to be part of this ambitious journey with us.

About The role

Alta is looking for a Senior Compliance Officer to provide robust compliance oversight and advisory across the Group. This role will report directly to the Senior Compliance Manager and will work closely with business and functional teams to proactively identify, assess, and mitigate regulatory risks.

The successful candidate will play a key role in strengthening Alta’s compliance framework and ensuring alignment with the evolving expectations of the Monetary Authority of Singapore (“MAS”) and other applicable regulators. A key focus of the role is to enhance the effectiveness and efficiency of compliance processes while maintaining adherence to increasingly stringent regulatory standards.

Some of the Key Responsibilities

• Development and maintaining of compliance controls framework and implementation of compliance-related processes and procedures;
• Drafting and performing updates to compliance-related manuals and policies, such as Enterprise Wide Risk Assessments, AML/CFT, business continuity planning, etc;
• Drafting, maintaining of outsourcing policy, reviewing the outsourcing register and service level agreements for updates and revisions and any material development, changes or additions to the current arrangements’
• Ensure that all operational procedures comply with applicable regulations, internal policies and procedures;
• Keep abreast with regulatory changes and provide compliance advisory to senior management and business;
• Provide high level analysis on changes to regulations and provide support to business on implementation; Working with internal and external stakeholders with regards to requests on compliance related matters
• Identify, provide assessment and maintain documentation on compliance issues e.g. conflict of interest, complaints, etc, as well escalate issues to senior management/ Board in line with policy;
• Providing monthly compliance reports, logging of regulatory developments, personal dealing registers, compliance checklist, complaints registers, gifts registers, error logs and regulatory communication logs; Maintain compliance-related registers and records in line with regulatory requirements;
• Conducting all applicable KYC checks in accordance with the MAS Notice on Prevention of Money Laundering and Countering the Financing of Terrorism;
  Provide compliance advisory & support on client due diligence, perform AML/KYC process, ensure end-to-end management & documentation for the onboarding of new clients, KYC periodic review of existing clients and AML/CFT matters;Review KYC information submitted by clients, conduct AML/CFT name screening, risk rate clients and maintain documentation in accordance to regulatory requirements and internal AML/KYC policies and procedures;Follow up front office on the collection of the documents/ information and issues identified during client review;
• Perform compliance reviews/testings and assist in preparing reports to the senior management / board;
• Manages License applications/renewals for submission to regulatory bodies;
• Preparation and/or review of data and submissions to MAS; Acting in compliance with all relevant filing dates;
• Engagement with the MAS or other regulatory bodies on regulatory matters (e.g., technical breaches and remediation which includes queries and advice on remediation (if necessary);
• Handling of internal or external audits and gap analysis pre/post audit, whilst addressing audit issues with internal or external auditors;
• Explore third party Regulation Technology solutions or assist Alta’s software development team to develop solutions in-house with the aim to streamline compliance processes;
• Undertake any other compliance-related tasks or other assigned duties.

About you:

• At least 4 years of relevant experience in compliance work in a MAS regulated financial industry, asset management firm, securities regulator, broker, law-firm, or exchange would be an advantage.
• A good understanding of capital market products, alternative investments and/or Fintech business. Previous experience with financial markets and instruments, private placements, alternative investments, structured finance or exchange traded cash and derivative products would be a plus.
• Strong knowledge of Securities & Futures Act, including the relevant Regulations, and the regulatory application to business activities.
• Experience in drafting policies, procedures and manuals as well as preparing reports for regulatory bodies and internal management.
• Good communication and interpersonal skills
• Ability to work well under pressure

Some nice to haves:

• Strategic-minded and detail oriented
• Able to work independently and be part of a team
• Analytical and with an investigative eye for accurate details and red-flag situations

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If you are interested please send your resume to [email protected]. Only shortlisted candidates will be contacted.