Assistant Team Lead, Transaction Screening and Monitoring

We are:YouTrip is at the forefront of Asia's financial revolution, defining the future of digital finance with its leading multi-currency payment platform. Launched in 2018, YouTrip has swiftly ascended as a powerhouse, orchestrating billions in transactions annually and securing the trust of millions. With innovative solutions like YouTrip for consumers and YouBiz for businesses, we offer unmatched financial ease and cost-effectiveness. Fresh off a successful US$50 million Series B funding round led by Lightspeed Venture, we're setting new benchmarks in the digital financial services sector.

At the heart of our mission is a commitment to eliminate financial borders across Asia, propelling us into the next wave of digital finance.

Our Compliance Team ensures that we operate in adherence with all relevant laws, regulations, and internal policies to mitigate legal and regulatory risks. As Manager, Transaction Screening and Monitoring in Singapore, you will be overseeing and enhancing our Anti-Money Laundering (AML)/Counter Financing of Terrorism (CFT) efforts to ensure the integrity of our financial service and protect our reputation as a financial services provider.

You Will

• Be responsible for the AML/CFT Transaction Monitoring function by ensuring alerts on both our corporate and retail customer segments are addressed accurately and on a timely basis
• Oversee our Transaction Screening controls to identify and flag any potential matches or hits against restricted individuals, entities, or countries
• Prepare and submit suspicious activity/transaction reports (STR) to relevant law enforcement authorities
• Maintain a strong working relationship with our banking partners and other financial institutions by managing and responding to transactional related queries.
• Conduct quarterly Quality Assurance (QA) reviews on case disposition documents, identifying areas for improvement and recommending corrective rectification actions
• Manage and guide a team of compliance analysts and associates to achieve team goals
• Provide inputs and advisory to the wider AML/CFT function on matters or trends identified during reviews and investigations
• Be responsible for overall effectiveness of the systems by ensuring any thresholds and parameters remain fit for purpose
• Ensure prompt reporting and escalation of concerns arising from any non-compliance with regulations, policies, or procedures
• Work closely with our Fraud Risk Management function to identify potential risk typologies and design appropriate controls
  
  

You Are

• Experienced compliance specialist – you have at least 8 years of expertise in compliance, including a strong track record transaction monitoring & sanctions screening reviews. Professional qualifications such as CAMS and/or familiarity with calibration of transaction monitoring thresholds and parameters will be an added advantage.
• Analytical & detail-oriented thinker – you possess excellent problem-solving skills with demonstrated experience in solving complex business with analytical thinking. You have the tendency to focus on details and hate to miss out on specifics.
• Travel enthusiast – you are a passionate traveller and understand the psychology of travellers, in particular when it comes to overseas spending behaviour and its associated risks.
• Fearless self-starter – you are not afraid to identify opportunities and implement new initiatives to tackle complex business issues. You do not mind getting your hands dirty in order to get things done within a tight timeline.
• Adaptable and resourceful - you are capable of navigating ambiguity, and adapting to changing circumstances and regulatory landscapes.
  
  

PI262345900

We are:YouTrip is at the forefront of Asia's financial revolution, defining the future of digital finance with its leading multi-currency payment platform. Launched in 2018, YouTrip has swiftly ascended as a powerhouse, orchestrating billions in transactions annually and securing the trust of millions. With innovative solutions like YouTrip for consumers and YouBiz for businesses, we offer unmatched financial ease and cost-effectiveness. Fresh off a successful US$50 million Series B funding round led by Lightspeed Venture, we're setting new benchmarks in the digital financial services sector.

At the heart of our mission is a commitment to eliminate financial borders across Asia, propelling us into the next wave of digital finance.

Our Compliance Team ensures that we operate in adherence with all relevant laws, regulations, and internal policies to mitigate legal and regulatory risks. As Manager, Transaction Screening and Monitoring in Singapore, you will be overseeing and enhancing our Anti-Money Laundering (AML)/Counter Financing of Terrorism (CFT) efforts to ensure the integrity of our financial service and protect our reputation as a financial services provider.

You Will

• Be responsible for the AML/CFT Transaction Monitoring function by ensuring alerts on both our corporate and retail customer segments are addressed accurately and on a timely basis
• Oversee our Transaction Screening controls to identify and flag any potential matches or hits against restricted individuals, entities, or countries
• Prepare and submit suspicious activity/transaction reports (STR) to relevant law enforcement authorities
• Maintain a strong working relationship with our banking partners and other financial institutions by managing and responding to transactional related queries.
• Conduct quarterly Quality Assurance (QA) reviews on case disposition documents, identifying areas for improvement and recommending corrective rectification actions
• Manage and guide a team of compliance analysts and associates to achieve team goals
• Provide inputs and advisory to the wider AML/CFT function on matters or trends identified during reviews and investigations
• Be responsible for overall effectiveness of the systems by ensuring any thresholds and parameters remain fit for purpose
• Ensure prompt reporting and escalation of concerns arising from any non-compliance with regulations, policies, or procedures
• Work closely with our Fraud Risk Management function to identify potential risk typologies and design appropriate controls
  
  

You Are

• Experienced compliance specialist – you have at least 8 years of expertise in compliance, including a strong track record transaction monitoring & sanctions screening reviews. Professional qualifications such as CAMS and/or familiarity with calibration of transaction monitoring thresholds and parameters will be an added advantage.
• Analytical & detail-oriented thinker – you possess excellent problem-solving skills with demonstrated experience in solving complex business with analytical thinking. You have the tendency to focus on details and hate to miss out on specifics.
• Travel enthusiast – you are a passionate traveller and understand the psychology of travellers, in particular when it comes to overseas spending behaviour and its associated risks.
• Fearless self-starter – you are not afraid to identify opportunities and implement new initiatives to tackle complex business issues. You do not mind getting your hands dirty in order to get things done within a tight timeline.
• Adaptable and resourceful - you are capable of navigating ambiguity, and adapting to changing circumstances and regulatory landscapes.
  
  

PI262345900