MLRO

About the team:

At Aspire, we understand the importance of maintaining a strong culture of Compliance to protect our organization and ensure the trust of our customers. Our Compliance Team is at the forefront of identifying and addressing regulatory risks, implementing controls, and ensuring that our policies and procedures align with regulatory requirements. This allows Aspire to stay ahead of evolving regulations, proactively identifying potential risks and developing comprehensive risk mitigation strategies, hence contributing to our long-term success.

About the role:

We are seeking an experienced and detail-oriented Money Laundering Reporting Officer (MLRO) to join our dynamic Compliance team in Singapore. As the designated MLRO, you will play a critical role in safeguarding our operations and clients from financial crime. You will be the principal point of contact with MAS for AML/CFT matters and ensure full compliance with Singapore’s regulatory obligations under the Payment Services Act and MAS Notice PSN01. The role will report to the Global Head of Financial Crime Compliance and drive the continuous enhancement of our financial crime control framework in Singapore.

What will you be doing?

• Serve as the appointed Money Laundering Reporting Officer (MLRO) and the key point of contact for all AML/CFT matters
• Lead the design, implementation, and ongoing maintenance of the company’s AML/CFT framework in accordance with the Payment Services Act and MAS Notices and Guidelines.
• Review, update, and enforce Fin crime-related policies, procedures, and internal controls to ensure alignment with regulatory requirements and industry best practices.
• Oversee and support the Fin Crime Operations team in conducting customer due diligence (CDD), enhanced due diligence (EDD), sanctions screening, and transaction monitoring activities.
• Investigate and assess suspicious transactions, prepare Suspicious Transaction Reports (STRs), and submit them to the Suspicious Transaction Reporting Office (STRO).
• Review, approve and provide advice to the business on high risk clients, transactions and events.
• Conduct regular Fin crime risk assessments and gap analyses; propose and implement necessary risk mitigation measures.
• Coordinate with internal stakeholders and senior management to ensure the effective execution of the fincrime program.
• Design and deliver Fin crime training to employees across the organization and ensure that relevant teams are kept up to date with regulatory developments.
• Prepare and submit periodic AML/CFT regulatory reports, including annual AML returns, as required under MAS regulations.

Minimum qualifications:

• At least 7 years of relevant experience in AML/CFT compliance
• Strong working knowledge of the MAS Payment Services Act, MAS Notices (e.g., PSN01), and AML/CFT guidelines applicable to payment service providers.
• Demonstrated experience handling STR investigations, submissions to the STRO, transaction monitoring, and CDD/EDD reviews.
• Proven ability to liaise with regulators, auditors, and other external stakeholders on AML/CFT matters.

Preferred qualifications:

• Prior experience as MLRO in a fintech or payment services environment regulated by MAS.
• Familiarity with Fin crime technology and tools (e.g., screening and transaction monitoring systems) and ability to work with data to identify trends or anomalies.
• Detail-oriented with excellent analytical, investigative, and decision-making skills.
• Strong written and verbal communication skills, including the ability to prepare reports and present findings clearly and concisely.
• Ability to work independently while also being an effective collaborator within cross-functional teams.
• CAMS certification or equivalent AML/CFT qualification