Regulatory Compliance Specialist - ShopeePay

3 months ago 8 Applied
Job Description

Job Description:

  • Facilitate the organisation's implementation of its compliance programme to ensure the organisation operates in accordance with the relevant laws and regulations, in the rapidly growing retail industry
  • Ensure compliance with applicable laws, regulations and guidelines such as guidelines pertaining to Anti Money Laundering (AML) / Combating the Financing of Terrorism (CFT), data protection and confidentiality and consumer protection, as well as their implementation across the organisation
  • Responsible for the management of compliance risks associated with the organisation
  • Cooperate with various business units in providing guidance and advice on regulatory requirements affecting the operations of the organisation
  • Efficiently communicate to various business units on regulatory updates and developments to ensure seamless incorporation of the regulatory requirements into the business units internal policies, procedures and controls
  • Conduct effective gap analysis and compliance assessment to compare the organisation to regulatory requirements and critically identify the gaps in compliance to address
  • Draft and review the organisation's policies, manuals, procedures, systems and control mechanisms to appropriately guide business units to operationalise compliance requirements
  • Ensure timely submission of regulatory compliance reporting requirements and follow up on the status of completion with relevant stakeholders to comply with regulatory reporting requirements
  • Perform appropriate tests / reviews to evaluate the adequacy of internal controls to manage compliance risk and promptly follow up on any identified deficiencies and plans to address such deficiencies
  • Assist in the implementation of AML/CFT compliance programme which includes providing guidance and advice to relevant stakeholders, provision of relevant updates to the management, performance of AML/CFT risk assessment and review of Suspicious Transactions Reports (STR)
  • Prepare reports for management reporting and Compliance Officer, when needed, on compliance risk issues and findings
  • Ensure effective implementation of the organisation's compliance training programme, which includes preparing relevant training materials and ensuring timely completion of the compliance training


  • Minimum of 3-5 years of experience in regulatory compliance and / or AML/CFT in the financial industry, preferably electronic money, digital banking, insurance, moneylending, remittances services and capital markets
  • At least a Bachelor's Degree in a related field, preferably in law, management, banking, finance or accounting
  • Professional accreditation or certification in Regulatory Compliance and / or AML/CFT will be an added advantage
  • An understanding of the regulatory requirements and interpretation of rules & guidance issued by Bank Negara Malaysia (BNM), Securities Commission Malaysia (SC), Kementerian Perumahan dan Kerajaan Tempatan (KPKT), Payments Network Malaysia Sdn Bhd (PayNet), and any other relevant authorities
  • Experience in compliance areas involving Digital Money Lending Guidelines, Moneylending Act, Personal Data Protection Act, Digital Government and AML/CFT will be an added advantage
  • Active extracurricular participation, whether professional or personal will be an added advantage
  • Excellent communication skills, cooperative team player, passionate learner, driven, adaptable and proactive
  • Driven, adaptable, proactive



Job Source:

Shopee Pte. Ltd. is a Singaporean multinational technology company that specialises in e-commerce. The company was launched in Singapore in 2015, before it expanded abroad. As of 2021, Shopee is considered the largest e-commerce platform in Southeast Asia with 343 million monthly visitors.

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