Compliance Associate

Summary

Join HitPay, a rapidly growing FinTech startup in Southeast Asia, as a Compliance Associate! You will play a crucial role in enhancing HitPay's KYC, AML, and CFT risk management. Responsibilities include developing and implementing AML and sanctions control activities, conducting customer due diligence, and collaborating on policy enhancements. This full-time, remote-first position offers significant growth potential and requires at least two years of relevant experience in the financial services or payments industry. A university degree in a related field is necessary, and additional qualifications are beneficial. HitPay offers a supportive team environment, flexible remote work, career progression, learning opportunities, and various benefits.

Requirements

• At least 2 years of experience in a similar role, preferably in the financial services or payments industry involved in activities related to customer due diligence, transaction monitoring, suspicious transaction (STR) reporting and risk-based assessments
• Strong working knowledge of general fintech compliance matters, and AML/CTF regulations globally, with an emphasis in ASEAN markets
• University degree, preferably in areas related to business, banking or finance
• Excellent technical, analytical, and communication skills
• Able to work independently and collaboratively in a remote-first working environment
• High level of integrity and responsibility
• Can manage deadlines, with strong attention to detail and problem-solving skills

Responsibilities

• Provide expert guidance to HitPay on KYC/AML requirements, offering insights especially on intricate cases
• Take charge of resolving all Client Due Diligence requests and activities within established timeframes. Promptly escalate any emerging issues or bottlenecks to ensure timely resolution
• Identify and escalate potential concerns related to sanctions, PEP (Politically Exposed Persons), adverse media, or suspicious activities
• Collaborate in the development and continuous enhancement of policies and procedures associated with client onboarding and ongoing due diligence
• Develop and implement AML and sanctions control measures, which encompass Customer Due Diligence (CDD), transaction monitoring, name screening, payment screening, and blacklist management
• Work diligently to implement and enforce AML and sanctions policies to align with regulatory guidelines
• Play a pivotal role in improving HitPay's overall AML and CFT Risk Management strategies

Preferred Qualifications

• Additional qualifications in governance, risk and compliance, such as CAMS/CTMA
• Existing relationships and/or experience working with the Bangko Sentral Ng Pilipinas (BSP)/ Anti-Money Laundering Council (AMLC) and other SEA regulators
• Previous experience in SQL
• Able to speak and write fluently in another language, especially Malay, Bahasa, Tagalog, or Mandarin

Benefits

• Highly motivated, smart, and supportive team
• Flexible, remote working
• Clearly defined roles and targets
• Career progression path
• Learning opportunities and growth
• Stock options
• Co-working space credits
• Local GP medical reimbursement
• 21 days annual paid leave
• Unlimited medical leave