Compliance Associate

Get to know the Role:This role will assist the Country Compliance manager in driving the regulatory compliance functionfor various financial businesses in Thailand (including payment, lending and insurance).Regulatory Compliance Advisory:● Render regulatory compliance advice on all aspects of compliance, including but not limited to BOT, AML, OIC, outsourcing, business continuity, and mandatory reporting requirements;● Support regulatory and scheme licensing efforts , including ensuring all required documentation, policies and reports are in line with regulatory and scheme expectations;● Assist to develop, maintain and implement the country compliance program, including Compliance policies and guidelines, regulatory documentation, training logs, and related policies/procedures for all assigned jurisdictions in a scalable manner;● Work closely with operations and product teams to ensure enhancements in compliance processes are adhered to and play a driving role to implement system changes; and● Assist the Company’s MLRO on day-to-day compliance matters.Monitoring, Controls and Governance:● Assist to conduct compliance risk assessments and develop plans to address regulatory gaps and drive remediation efforts;● Ensure regulatory reporting requirements are met on a timely basis;● Support external and internal audits as required for, but not limited to, the purposes of regulatory, scheme, or internal controls initiatives;● Support efforts in enhancing the incident reporting framework in relation to Compliance breaches;● Coordinate closely with team to implement risk mitigation strategies in key areas such aspersonal data protection, transaction monitoring, business continuity, and information security;● Regularly update stakeholders regarding key compliance risks. Assist on drafting periodic reports/presentations to regulatory bodies and senior management forums;● Assist to identify and act on potential/actual AML or regulatory risk issues such as the drafting of suspicious transaction reports, executing on key AML training initiatives, and the AML onboarding of various complex organizations;● Drive government relations activities to deepen ties with financial regulators and central banks.Training and awareness● Assist to promote a compliance culture and awareness; and● Provide compliance training and education to staff on a periodic basis.The must haves:● Minimum 2 - 5 years relevant experience in a financial institution, financial regulator or audit firm, preferably assuming compliance, risk management, or audit roles;● Strong analytical and risk assessment skills, particularly the ability to extract insights;● Demonstrated willingness to “get hands dirty” to face with any challenges and effectively solve problems;● Ability to work independently and yet still be team-oriented;● Proactive, self-motivated, detail oriented and well-organized;● Excellent written and oral communication skills in English, with the ability to adapt writing styles to suit a range of internal and external stakeholders;● Having a high ownership/responsibility on the assigned works● Ability to forge strong relationships with colleagues and numerous stakeholders in a large organization; and● Ability to apply a practical and commercially-sensitive mindset in developing creative solutions for the organization.