Role in brief
Alpaca, a US-headquartered broker-dealer, is hiring a Head of Compliance for its Singapore entity. This role involves leading all compliance and regulatory functions, including AML/CFT programs and MAS filings. It suits an experienced compliance professional with a strong background in Singapore's financial regulations.
About the role
This role involves serving as the primary compliance officer for Alpaca's Singapore operations. You will be responsible for maintaining and evolving the company's compliance framework, ensuring it aligns with all relevant regulations. A key part of the work includes interpreting new regulatory requirements and leading their integration into existing processes.
A significant portion of this position focuses on regulatory submissions and oversight. This includes preparing and submitting necessary filings to the Monetary Authority of Singapore (MAS), as well as overseeing the Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) programs. You will also manage sanctions oversight to ensure the company adheres to international standards.
Success in this role means effectively developing and implementing compliance policies and robust governance structures. You will need to collaborate with various internal teams to ensure that regulatory compliance is integrated across all business functions. The ability to provide strong risk judgment and foster cross-functional partnerships is essential.
The salary for this position ranges from $68,000 to $112,000 USD, in addition to stock options.
Skills that matter here
- AML/CFT: This role requires overseeing and managing the company's anti-money laundering and counter-financing of terrorism programs.
- Risk management: The position demands strong judgment in assessing and mitigating compliance-related risks.
- Regulatory governance: You will be responsible for developing and maintaining the company's overall regulatory governance structures.
- MAS: This role involves preparing and submitting regulatory filings to the Monetary Authority of Singapore.
- Compliance framework: You will be tasked with maintaining and enhancing a comprehensive compliance framework for the Singapore entity.
- KYC: The role involves overseeing Know Your Customer processes as part of broader compliance efforts.
Who this role suits
- A candidate with prior experience as a Head of Compliance, demonstrating leadership in regulatory affairs.
- Someone who possesses a deep understanding of Singapore's financial regulatory landscape, particularly MAS regulations.
- An individual who excels at interpreting complex regulatory requirements and translating them into actionable policies.
- A professional capable of fostering strong internal partnerships to embed compliance across different business units.
From the employer
- Serve as the Primary Compliance Officer for Alpaca Singapore.
- Maintain a comprehensive compliance framework.
- Interpret regulatory requirements and lead implementation.
- Prepare and submit regulatory filings to MAS.
- Oversee AML/CFT program and sanctions oversight.
- Develop compliance policies and governance structures.
- Partner with cross-functional teams for regulatory compliance.
- Experience as a Head of Compliance.
- Knowledge of AML/CFT, regulatory governance, and MAS regulations.
- Strong risk judgment and cross-functional partnership skills.
- Competitive Salary & Stock Options.
- Health Benefits.
- New Hire Home-Office Setup: One-time USD $500.
- Monthly Stipend: USD $150 per month via a Brex Card.
Questions about this role
What is the remote work policy for this position?
This is a fully remote position.
What is the seniority level of this role?
This is a head-level position, indicating a senior leadership role within the compliance department.
What specific skills are required for this role?
Key skills include AML/CFT, risk management, regulatory governance, CDD EDD, MAS, SFA, compliance framework, AML CFT Notices, Compliance Officer experience, KYC, outsourcing, and sanctions oversight.