MLRO Director - Custody - Singapore

Singapore /
Legal & Compliance – Compliance /
Full-time Onsite or Remote
Binance is the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, serving a greater mission to accelerate cryptocurrency adoption and increase the freedom of money.

Are you looking to be a part of the most influential company in the blockchain industry and contribute to the crypto-currency revolution that is changing the world?

Responsibilities

    • Overseeing compliance with the Binance AML/CTF policy, Payment Services Act, MAS Notices and any other applicable rules and regulations in fulfilling their duties as the Head of Compliance / MLRO
    • Representing the local office as MLRO 
    • Maintaining and updating as needed all compliance policies and procedures , including AML regulations and issues, and notification to the company of any regulatory changes
    • Monitoring the day-to-day operation of AML/CFT policies and responding promptly to reasonable requests for information made by the regulatory or law enforcement bodies
    • Responsible for all the MAS regulatory reporting requirements and operating the reporting within the required standards of the local regulator
    • Ensuring that adequate arrangements are in place for a high-standard AML/CFT awareness and training of employees
    • Acting as a central point of contact for all information on compliance-related issues 
    • Collaborating with other departments on particular projects and special compliance projects as necessary
    • Proactively review processes, practices and documents to identify weaknesses and create internal controls to monitor adherence. Performing internal compliance policy review, including ongoing assessments

Requirements

    • At least 8 – 10 years’ experience in financial services compliance preferably in a regulated FI/VASP in relation to digital payment token services, custodial services or payment services
    • Experience managing and preparing internal compliance policies and frameworks based on business and regulatory requirements
    • Experience managing and preparing AML/CTF policy and procedure documents, and suspicious transaction reports is critical
    • Familiarity with Payment Services Act, MAS Notices and regulatory reporting requirements is critical
    • Familiarity with custodial services is critical
    • Background in legal, auditing or risk management is generally helpful
    • CAMS/CFE or other AML/financial crime-related certification preferred
    • Bachelor’s degree in Law/Compliance or a related field from an accredited institution
    • Proven industry experience in the fintech sector, including familiarity with regtech tools
    • Ability to work independently in a fast-paced, global organisation maintaining close contact with relevant teams across multiple locations
    • Reasonable working knowledge of crypto/mobile digital wallet
    • Excellent problem solving, communication, negotiation & management skills
Working at Binance
Do something meaningful; Be a part of the future of finance technology and the no.1 company in the industry
Fast moving, challenging and unique business problems
International work environment and flat organisation
Great career development opportunities in a growing company
Possibility for relocation and international transfers mid-career
Competitive salary
Flexible working hours, Casual work attire