Regulatory Compliance Officer
The Critical Tasks You will Perform:
- Develop, implement, and maintain a comprehensive compliance framework aligned with applicable local regulations, including but not limited to lending services regulations, anti-money laundering (AML), counter-terrorism financing (CTF), and data protection laws.
- Keep abreast on regulatory changes and industry best practices to ensure our compliance posture remains current and effective. Conduct regular reviews of the compliance framework to identify gaps and recommend improvements.
- Provide comprehensive regulatory compliance advice to the business on all compliance matters relevant to the licensed entity including supporting license application when required.
- Collaborate with legal and business teams to review and approve new products, services, and marketing materials for regulatory compliance when required.
- Manage relationships with regulatory bodies, including submissions of regulatory reports, responding to inquiries, and facilitating regulatory examinations.
- Perform the role of Assistant Money Laundering (AML) Reporting Officer for the business, which will entail overseeing the Customer onboarding process and AML transaction monitoring process, filing of suspicious transaction reports and conducting regular AML training
- Investigate compliance breaches, develop remediation plans, and report findings to senior management and relevant authorities as required.
- Prepare regular compliance reports for senior management and the board of directors, highlighting key risks, trends, and mitigation strategies.
- Support audit / inspections when required.
The must-haves:
- Minimum 5 years relevant experience in regulatory compliance / legal / internal audit in a financial institution. Qualified candidates with experience working for a financial regulator will be prioritized for assessment;
- Constructive attitude and a demonstrated willingness to "get hands dirty" to effectively solve problems;
- Strong interpersonal, written and verbal communication skills;
- Demonstrated hunger to grow and flexibility to adapt to a dynamic and fast-moving business environment;
About Grab and Our Workplace
Grab is Southeast Asia's leading superapp. From getting your favourite meals delivered to helping you manage your finances and getting around town hassle-free, we've got your back with everything. In Grab, purpose gives us joy and habits build excellence, while harnessing the power of Technology and AI to deliver the mission of driving Southeast Asia forward by economically empowering everyone, with heart, hunger, honour, and humility.
Life at Grab
We care about your well-being at Grab, here are some of the global benefits we offer:
- We have your back with Term Life Insurance and comprehensive Medical Insurance.
- With GrabFlex, create a benefits package that suits your needs and aspirations.
- Celebrate moments that matter in life with loved ones through Parental and Birthday leave, and give back to your communities through Love-all-Serve-all (LASA) volunteering leave
- We have a confidential Grabber Assistance Programme to guide and uplift you and your loved ones through life's challenges.
What We Stand For At Grab
We are committed to building an inclusive and equitable workplace that provides equal opportunity for Grabbers to grow and perform at their best. We consider all candidates fairly and equally regardless of nationality, ethnicity, race, religion, age, gender, family commitments, physical and mental impairments or disabilities, and other attributes that make them unique.
