Director (Statutory / Board Director)

About the Company

This Singapore-based firm is a payment institution regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act. It delivers cross-border payment and remittance services for individual and corporate clients and aims to expand its footprint in the flourishing fintech and payments sector.

Role Overview

As a Statutory Executive Director, you will take an active role on the Board of Directors, guiding the company’s strategic direction and long-term development. Your responsibilities will include ensuring compliance with MAS regulations and the Payment Services Act, overseeing enterprise risk management and governance frameworks, and driving AML/CFT and sanctions compliance.

Key Responsibilities

• Participate as a Board member contributing to the company’s strategy and growth objectives.
• Ensure adherence to MAS regulatory requirements and robust governance standards.
• Manage enterprise risk, AML/CFT controls, sanctions compliance, fraud prevention, and internal governance procedures.
• Review and approve critical policies, budgets, business plans, and significant transactions.
• Provide informed challenge and guidance to management regarding operational performance and regulatory compliance.
• Engage proactively with regulators, auditors, and other external stakeholders as needed.
• Foster a culture emphasizing compliance, integrity, and strong corporate governance.
• Contribute to Board and committee discussions including risk, audit, and compliance affairs.

Candidate Profile

• A history of serving as a Director, Chief Compliance Officer, MLRO, Chief Risk Officer, or senior leader at MAS-regulated financial entities, payment institutions, fintechs, banks, or remittance organizations.
• In-depth knowledge of the Payment Services Act, MAS regulatory frameworks, AML/CFT measures, KYC/CDD protocols, and compliance requirements.
• Proven expertise in risk governance, regulatory interactions, and compliance management.
• Qualification under MAS Fit & Proper criteria demonstrating high integrity, competency, and financial health.
• Exceptional commercial insight, stakeholder relationship skills, and board-level communication.
• Prior experience on Board, Audit Committee, Risk Committee, or similar governance bodies highly valued.

What We Offer

• Prominent opportunity exposed to the fast-growing cross-border payments and fintech market.
• Direct interaction with key shareholders, regulatory authorities, and senior sector leaders.
• A competitive compensation package aligned with expertise and role responsibilities.
• A chance to establish leadership in a rapidly expanding regulated financial institution.