Aspire is the leading all-in-one finance operating system for growing businesses in APAC.
We are on a mission to reinvent business finance for a new generation of entrepreneurs and business owners, empowering startups and MSMEs to realize their full potential.
Founded in 2018, Aspire has raised over USD 300M+ across equity and debt from world-class investors.
In 2023, we successfully closed an oversubscribed USD 100 million Series C equity round led by Sequoia Capital and Lightspeed Ventures with participation from Tencent, Paypal Ventures, LGT Capital Partners, Picus Capital, and MassMutual Ventures.
To power our solutions, we have partnered with some of the best companies in the world such as Visa and Wise and helped more than 50,000 businesses using our suite of products.
For 2 consecutive years in 2022 & 2023, Aspire has been awarded Best Employer of the Year and Startup of the Year by Asia FinTech Awards, and also LinkedIn's Top Startup in Singapore.
In 2023, we also made it to CB Insights' Top 100 Global Fintech List.
You will be amazed by the energy and experience of our team!
Aspire serves as an environment for you to innovate and drive change with our team of ex-entrepreneurs, ex-founders, and high-achievers with international and diverse backgrounds.
Note: Candidates based on the West Coast (CA) and East Coast (NY) will be prioritized 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: You are an experienced Compliance professional with experience in the Payment Services, FinTech, Banking, or Financial Services industries, and have a strong track record of execution of Compliance programs.
You will play a critical role in working with the Global Head of Compliance (based in Singapore) to develop a regulatory framework and compliance program for Aspire's payment products and services as it prepares to scale its operations to North America.
You will be closely supporting Aspire's Global Head of Compliance with the payment services licensing application, which includes dealing with any and all regulatory and compliance matters, such as designing compliance strategies in line with legal requirements and guidelines, drafting and implementing policies, SOPs, systems, governance, and internal controls, and helping Aspire comply with its regulatory obligations.
What will you be doing? Develop US Compliance and AML programs to meet the needs of US regulators from A to Z. Act as a subject matter expert on compliance matters in the US. Act as a key stakeholder for US license application projects. Develop, maintain, and enforce corporate policies and procedures regarding BSA/AML compliance, including the risk assessment. Establish, chair, and report to appropriate governance structures including working groups and committees. On a regular basis, report and advise the organization's Executive Risk Committee and the Board of Directors. Directly, through staff and assigned departments, manage policy, guidelines, and general governance. Directly, through staff and assigned departments, manage the BSA/AML rules and Customer Due Diligence and Customer Risk Rating process. Develop or direct the development of reports for reporting BSA/AML/OFAC to Executive Management, designated committees, and the Board of Directors. Complete and periodically update methodology for the organization's BSA/AML/OFAC Risk Assessment. Minimum Qualifications: At least 10 years of experience in senior compliance roles within regulated companies. Strong knowledge of Compliance topics (KYB/KYC, AML/CFT, Sanctions, etc.
). Good understanding of the Payments/Fintech industry, especially in the US. Experience with correspondent banking, banking as a service, and financial institution clients from the Americas region. Strong analytical skills and experience in problem-solving and implementing solutions. Clear sense of accountability and a positive demeanor. Team player with collaborative qualities and experience or willingness to build, lead, and motivate a team. Willingness to learn continuously and stay updated with the Payments industry and regulatory landscape globally. Preferred Qualifications: ACAMS/CRCM certification preferred. Experience in a FinTech Scale Up a Plus. The annual US base salary range for this role is $190,000 - $245,000.
This salary range may cover a number of levels at Aspire and will be narrowed during the interview process based on a number of factors, including the candidate's experience, qualifications, performance in the interview process, and final location.
What we offer: Uncapped flexible annual leave. Training subsidy for your professional growth. Wellness benefit. Team bonding budget to foster collaboration and sense of belonging. Flexibility to work from anywhere (for up to 90 days per annum). Culture is Key: We always strive to cultivate a special culture that brings special talents together. Equal Opportunity Statement: Aspire is an equal opportunity employer and is committed to providing equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic as outlined by applicable laws.
#J-18808-Ljbffr