Regulatory Compliance Manager/Senior Manager

Aspire is the leading all-in-one finance operating system for growing businesses in APAC. We are on a mission to reinvent business finance for a new generation of entrepreneurs and business owners, empowering startups and MSME to realise their full potential. 

Founded in 2018, Aspire has raised over USD 300M+ across equity and debt from world-class investors. In 2023, we successfully closed an oversubscribed USD 100 million Series C equity round led by Sequoia Capital and Lightspeed Ventures with participation of Tencent, Paypal Ventures, LGT Capital Partners, Picus Capital and MassMutual Ventures. To power our solutions, we have partnered with some of the best companies in the world such as Visa and Wise and helped more than 50,000 businesses using our suite of products.

For 2 consecutive years in 2022 & 2023, Aspire has been awarded Best Employer of the Year and Startup of the year by Asia FinTech Awards, and also LinkedIn’s Top Startup in Singapore. In 2023, we also made it to CB Insights’ Top 100 Global Fintech List. 

You will be amazed by the energy and experience of our team! Aspire serves as an environment for you to innovate and drive change with our team of ex-entrepreneurs, ex-founders, and high-achievers with international and diverse backgrounds.

Are you a top talent who is passionate about entrepreneurship? Join our rapidly growing team to make an impact in the fintech space! 

About the role:

We are seeking an experienced and detail-oriented Compliance Manager to join our dynamic team. The ideal candidate will play a critical role in ensuring that our operations align with regulatory requirements, industry standards, and internal policies. 

The role will report to the Global Compliance Lead and be responsible for supporting all regulatory requirements related to the maintenance of our payments license in Singapore. That will include managing liaison with the Monetary Authority of Singapore (MAS), responding to requests for information and developing a strong, collaborative relationship. Internally, it will involve providing advice to the business on all regulatory matters including conducting horizon scanning to stay ahead of new or updated regulations or best practice. 

 

Key responsibilities:

Regulatory Compliance

• Monitor, interpret, and implement regulatory requirements under the Payments Services Act and relevant Notices applicable to the licence
• Manage all regulatory liaison, including responding to requests for information and developing a strong collaborative relationship with MAS
• Design and implement robust regulatory reporting mechanisms for regular data submissions to the regulator
• Conduct horizon scanning and support the business in complying with new or updated regulatory requirements and best practice

Policy Development and Oversight

• Develop, review and maintain policies, standard operating procedures, and internal controls for regulatory compliance with the Payment Services Act 
• Ensure employees are trained on the regulatory and compliance requirements

Compliance Monitoring and Reporting

• Maintain a key obligations register and provide regular updates for senior management and regulatory bodies as needed
• Assist in internal and external audits of compliance and regulatory processes and procedures.
• Track and address compliance breaches promptly and effectively
• Assist with special projects as needed, with the ability to work in a fast-paced environment

 

Minimum Qualifications:

• Bachelor’s degree in Law, Business Administration, Finance, or a related field
• Minimum of 5 years of experience in a compliance role within fintech, payments, or financial services
• Familiarity of the payments industry and the relevant regulations in Singapore such as the Payment Services Act
• Proven ability to manage regulatory filings, audits, and implement compliance frameworks effectively 
• Excellent analytical, problem-solving, and communication skills
• A proactive, detail-oriented mindset with a passion for driving regulatory excellence

 

Preferred Qualifications:

• Professional certifications such as CAMS or ICA
• Previous experience communicating and liaising with Monetary Authority of Singapore
• Exceptional communication and stakeholder management skills, with the ability to collaborate effectively with internal teams and external partners
• Working knowledge of data visualization tools such as Tableau

What we offer

• Uncapped flexible annual leave.
• Hybrid work arrangement. 
• Training subsidy for your professional growth.
• Wellness benefit.
• Team bonding budget to foster collaboration and sense of belonging.
• Flexibility to work from anywhere (for up to 90 days per annum).
• Culture is Key: We always strive to cultivate a special culture that brings special talents together - You can learn more about our culture on our careers site and LinkedIn Life page.
  

Equal Opportunity Statement 

Aspire is an equal opportunity employer and is committed to providing equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic as outlined by applicable laws. 

Please note: by submitting your application, you acknowledge that you have read and understood Aspire’s Data Protection Policy for Employees, Freelancers, Contractors and Job Applicants (the “Policy”), and consent to the collection, use and disclosure of your personal data by Aspire for the purposes set out in the Policy. You may withdraw consent for such collection, use and disclosure, and make an access or correction request in respect of your personal data, in accordance with the Policy by emailing people@aspireapp.com.