Compliance Officer (KYC)

About FOMO PayFounded in 2015, FOMO Pay is a Major Payment Institution licensed in Singapore, Hong Kong and the United Arab Emirates (UAE). The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia's fully licensed financial platform, helping institutions and businesses connect between traditional and next-generation financial services. The firm offers its three flagship products:FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutionsFOMO iBank – Facilitate businesses' everyday requirements for transactional banking needsFOMO Treasury – One-stop digital asset services provider bridging Web 2.0 & Web 3.0Visit www.fomopay.com for more information.For recruitment inquiries, contact recruitment@fomopay.com.Join and Grow with us!At FOMO Pay, we are dedicated to pushing the boundaries of what is possible in digital payment and global banking solutions. We are seeking forward-thinking individuals who share our passion for innovation and are eager to be at the forefront of industry disruption. In our transformation journey, you will have the opportunity to work alongside visionary leaders who have an exceptional track record of shaping the future of digital payments and global banking technologies. We also believe in unlocking the potential in every individual - we offer an inclusive, supportive, and continuous learning culture where everyone can grow to be their best selves and advance in their personal and professional goals. Join our team and be a part of an exciting evolution in the industry.Key ResponsibilitiesPrioritize and perform Know-Your-Customer (KYC) reviews (new client onboarding), including conducting KYC periodic reviewsCollaborate with different Business Departments to assess KYC documentation requirements for clients, including advising and providing guidance on KYC-related mattersReview and evaluate daily screening alerts generated by KYC system (e.g recent adverse events, sanctions events or Politically Exposed Persons (PEP))Assist in generating reports to present Key Risk Indicators (KRI) to managementContribute and assist in ad-hoc projects undertaken by the Compliance Team (e.g Remediation efforts, Audits, AML/CFT Trainings for employees, UAT testing for new systems)Demonstrate adaptability and promptness in adjusting to new Anti- Money Laundering (AML) policies, processes, and system knowledgeRequirementsDiploma/Degree in Accountancy, Finance or Business or other relevant qualificationMinimum 3 years of KYC/AML experience in the Financial industry with an understanding on SOW /SOF. Able to perform due diligence during onboarding with experience in conducting KYC for corporate entities (e.g Banking Financial Institutions, / Non-Banking Financial Institutions (NBFI), Funds, SMEs, Government Entities)Solid understanding of MAS’ AML/CFT regulatory requirementsProactive and problem-solver who is creative, with ability to adapt and improvise accordinglyMeticulous and sensitive in handling clients’ informationAbility to work effectively under pressure in a team environmentExcellent interpersonal and communication skills (Candidate is expected to collaborate with different Business Teams)Diligent and firm with high ethical standardsOur Perks And BenefitsCompetitive Compensation and Benefit PackageGroup Hospitalisation and Medical InsuranceFun and Dynamic Environment with plenty of learning and growth opportunitiesCareer AdvancementProfessional Development Training WorkshopsTeam Building Sessions