Class: Full-time and Permanent

Legal Entity: StoneX Financial Pte Ltd

Organization: StoneX Financial Pte Ltd

Reports to: Head of Compliance, APAC

Company Overview:

Connecting clients to markets – and talent to opportunity. 
 
With 5,400+ employees and over 80,000 institutional, commercial, and payments clients, we operate from more than 80 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors. 
 
Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth. 

Business Segment Overview 

Corporate: Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies.

Position Purpose:

In Singapore, StoneX is regulated by MAS as a Capital Markets Service Licensee, an Exempt Financial Adviser and a Major Payment Institution, and by MinLaw as a registered dealer of precious stones and metals.  StoneX is also a trading member of SGX-DT and a clearing member of SGX-DC.  In Hong Kong, StoneX is regulated by SFC for Type 1 (Dealing in Securities) and Type 2 (Dealing in Futures Contract).  This role at StoneX will manage business, regulatory compliance and reputational risks by ensuring adherence to laws and regulations, updating policies and procedures to comply with regulatory changes, advising businesses and senior management, managing audits and inquiries, conducting training and compliance testing. 

Primary duties will include: 

• Provide business and regulatory compliance advice to senior management and business units such as Global Payments and Digital Payments (crypto-currencies) in APAC, such as Singapore, Malaysia, Australia and Japan.
• Advise on licensing applications and requirements under Major Payment Institution in Singapore (such as Account/ E-Money Issuance Service and Digital Payment Token Service) and similar licence types in Australia, Japan, Malaysia and APAC
• Update policies, procedures and controls to meet regulatory requirements of MAS and regulators in APAC
• Supervise licensing, regulatory change management, technology risk management, complaints handling, compliance monitoring, conflict of interests management, cross-border marketing, outsourcing, training and management reporting
• Advising on business expansion, innovative products, customer transactions and regulatory issues in APAC
• Perform compliance risk assessment and ensure effective measures are in place to identify, assess and mitigate risks
• Assist in audits, investigations and responding to queries from regulators
• Participate in strategic projects to upgrade digital platforms

*This list is not exhaustive and may be expanded to include other duties or responsibilities deemed necessary.

To land this role you will need: 

• Minimum 5 years of experience in regulatory environment and/or regulatory and financial crime compliance involving Major Payment Institution licences such as money transfer service, account/ e-money issuance service and digital payment token service.
• Work experience in Singapore regulator (payments department), audit firms, banks, or financial services firms
• Knowledge of MAS regulations and best practices

What makes you stand out:  

• Attention to detail, pro-active, hands-on approach to problem solving
• Agile mindset, collaborative and trustworthy team player
• Familiarity with compliance systems is advantageous

Education / Certification Requirements:

• University Degree in accounting, business, finance, law or related fields
• Professional certification in compliance is advantageous

Working environment:

• Hybrid (1-day WFH)
• Regular knowledge-sharing meetings and mentoring sessions
• No Travel Requirements