Compliance Analyst

at  LIGHTNET SINGAPORE PTE LTD

ABOUT THE COMPANY

Lightnet is a fintech company headquartered in Singapore. At Lightnet, we are working on the world’s most advanced cross border payments system. Lightnet has built a global network of Trusted Financial Services partners which provides the most interoperable, efficient, and cost-effective payments capability available today. We believe an inclusive ecosystem that bridges the gap between existing banking rails and non-bank financial institutions will increase profitability for all our partners and enable seamless cross-border transactions across the globe.
By upholding our values of drive, intelligence, integrity, passion and results-oriented, Lightnet continues to enrich the lives and aspirations of our customers each and every day. For more information, please visit https://lightnet.io/ .

REQUIREMENTS

• Diploma/Degree with at least 1 year relevant experience in a financial institution, preferably at banks/payment institutions/money service business/consulting environment.
• Knowledge of the Payment Services Act (Singapore) and MAS Notices and Guidelines on AML/CFT
• Strong analytical, research and problem-solving skills
• Good at execution, pressure handling and teamwork.
• Excellent communication skills in English and Mandarin (both written and verbal).
• Must be available to work on weekends and Public Holidays

ABOUT THE ROLE

As part of our rapid expansion, Lightnet is now seeking a highly motivated Compliance Analyst to join our Singapore team. The Compliance Analyst will be an integral part of the Legal & Compliance team which is a strategic partner and a trusted business enabler to the Board and Senior Management. It is the Legal & Compliance team responsibility to ensure that company continuously fulfils its regulatory obligations in today’s tight and dynamic regulatory landscape.

RESPONSIBILITIES

• Performing AML and KYC screenings on customers account opening.
• Reviewing and clearing transaction alerts and conducting investigations and to clear name screening and sanction alerts.
• Performing post transaction monitoring and raise RFI to our existing customers
• Conducting enhanced due diligence on suspicious transactions and assist with preparing suspicious transactions reports.
• Updating and maintaining the internal sanction/block lists.
• Contributing to and maintaining the policies, procedures and risk assessments that support the Company’s Compliance framework.
• Undertaking periodic CDD Reviews.
• Ensuring proper record keeping.
• Performing any other ad-hoc tasks and project work as assigned.
• To assist with clients’ documentation checks, regulatory AML and KYC due diligence.