Principal - Regulatory Compliance & Deputy MLRO Singapore

Company Overview

Nium is a global provider of real-time cross-border payment infrastructure, facilitating seamless money transfers for banks, fintechs, and enterprises worldwide. Founded to redefine global payments, Nium co-headquarters in San Francisco and Singapore, operates in 14 markets, serving annual payment volumes nearing $60 billion. Their expansive network spans over 190 countries and supports 100+ currencies and corridors in real time, including services like local collections in 35 markets and issuance of more than 50 million card tokens annually. Recognized among the top fintech companies globally, Nium recently secured $50 million in Series E funding to accelerate growth in products, networks, and talent.

Role Overview

We are seeking a Deputy Money Laundering Reporting Officer (MLRO) for Singapore to join our global, dynamic compliance team. The role involves overseeing and enhancing the company’s AML/CFT compliance program, ensuring regulatory adherence and effective management of financial crime risks.

Key Responsibilities

• Assist MLRO in managing and improving AML/CFT programs.
• Conduct comprehensive risk assessments and maintain essential regulatory documents such as the Key Regulatory Obligations Register, compliance policies, and AML/CFT frameworks.
• Provide advisory on compliance and AML/CFT matters related to new products, business models, and use cases.
• Enhance compliance operations through automation, technology, and machine learning solutions.
• Oversee Client Due Diligence processes, including client profiling, risk rating, name screening, and document verification, ensuring timely issue resolution.
• Execute periodic, trigger-based, and ad hoc AML reviews to detect and escalate elevated risk factors and adverse news.
• Manage and resolve transaction monitoring and name-screening alerts promptly.
• Prepare and submit Suspicious Transaction Reports (STRs) as required.
• Ensure accurate and timely reporting to the Monetary Authority of Singapore (MAS) for regulatory and AML/CFT obligations.
• Generate compliance reports for senior management and Compliance Committees.

Qualifications and Experience

• At least 8 years of experience in compliance roles within regulated settings.
• Expertise in Compliance and AML/CFT domains, including KYC/KYB, sanctions, and financial crime prevention.
• Strong knowledge of the Payments and Fintech industry; prior payments or fintech experience is highly desirable.
• Certifications such as ACAMS and/or ICA are preferred.
• Excellent analytical and problem-solving skills, capable of designing scalable solutions.
• Demonstrated accountability, sound judgment, and a proactive, positive mindset.
• Ability to identify inefficiencies, challenge established practices, and implement lasting process improvements.
• Proven capability to prioritize tasks effectively and meet deadlines within a fast-moving environment.
• Strong stakeholder management and communication skills.
• Commitment to continuous professional development and awareness of evolving global regulatory changes.
• Fluency in English.

Employee Benefits

• Competitive remuneration including salaries, performance incentives, equity options for some roles, and recognition schemes.
• Comprehensive medical coverage, 24/7 employee assistance programs, generous leave policies including year-end shutdown, and hybrid work arrangements (three days onsite weekly).
• Focused upskilling opportunities with role-specific training, internal workshops, and a learning allowance.
• Engaging company culture with regular social events, team activities, happy hours, and offsites.
• A diverse workplace environment embracing over 33 nationalities with a commitment to equal opportunity and inclusivity.

Additional Information

In some hiring phases, artificial intelligence tools may be used to assist recruitment by analyzing applications and verifying information. However, all final hiring decisions are made by human recruiters. Candidates may request further details on data processing upon inquiry.