Render legal advice on aspects of regulatory compliance, including but not limited to ethics/anti-bribery, anti-money laundering, licensing, mandatory reporting requirements, outsourcing, the provision of financial or product advice, and advertising;
Assist to obtain and/or renew regulatory licences for jurisdictions assigned, including the preparation and submission of all required documentation;
Assist to build, maintain and update the Compliance Obligation Registers for all assigned jurisdictions;
Assist to draft and revise Compliance policies, including but not limited corporate governance, anti-money laundering,
Review, approval or rejection of AML/KYC escalations;
Evaluate potentially suspicious transactions and filing STRs where appropriate;
Review new or revised products and provide Compliance input and monitor product development to ensure compliance;
Review, and negotiate merchant/partner/customer contracts to ensure that Compliance requirements are appropriately embedded;
Assist in all payment scheme-related applications including but not limited to Visa, Mastercard, UnionPay, and JCB;
Assist to build and maintain a regulatory change regime which will have alert system, operational implementation, and post-implementation monitoring;
Assist to coordinate external and internal audits as required for, but not limited to, the purposes of internal investigations, mandatory regulatory or scheme requirements;
Conduct or support internal investigations, including the securing of evidence, interview of witnesses, case evaluation and recommendation on actions and next steps;
Support the Compliance training program, including development, implementation and execution;
Attend and respond to regulator inquiries, inspections and investigations;
Retaining all regulatory communications and correspondences including notices and circulars; and
Generally assist the Head of Global Regulatory Compliance, in all other matters as directed.
Previous Experience. Minimum of 5 years in a legal or compliance position; or in a regulated financial services company, including stored value facility or credit card acceptance/acquiring would be an advantage; and
Have sufficient experience across full suite of Compliance work such as: Drafting of AML Policy & Handling of high risk customers such as PEPs, sanctioned individuals, high risk industries.
Experience in establishing a compliance framework for AUSTRAC-regulated financial institutions
Experience in ensuring delivery of regulatory reports for AUSTRAC such as eftpos and more
Languages. Native-level fluency in English, and mastery in drafting policy documents and regulatory responses.
Internal Number: 5613902
About Wirecard Asia Holding Pte Ltd
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