Head of Compliance, United States

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 MSME to realise 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 of 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 15,000 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.

Are you a top talent who is passionate about entrepreneurship? Join our rapidly growing team to make an impact in the fintech space! 

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.
• Develops, maintains, and enforces corporate policies and procedures regarding BSA/AML compliance, including the risk assessment.
• Establishes, chairs and reports to appropriate governance structures including working groups and committees.
• On a regular basis, reports and advises the organization’s Executive Risk Committee and the Board of Directors.
• Directly, through staff and assigned departments manages policy, guidelines and general governance.
• Directly, through staff and assigned departments manages the BSA/AML rules and Customer Due Diligence and Customer Risk Rating process.
• Develops or directs the development of reports for reporting BSA/AML/OFAC to Executive Management, designated committees, and the Board of Directors.
• Completes and periodically updates 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

What we offer

• Uncapped flexible annual leave.
• Hybrid work arrangement. 
• 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 - You can learn more about our culture on our careers site and LinkedIn Life page.
  

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. 

Please note: by submitting your application, you acknowledge that you have read and understood Aspire’s Data Protection Policy for Employees, Freelancers, Contractors and Job Applicants (the “Policy”), and consent to the collection, use and disclosure of your personal data by Aspire for the purposes set out in the Policy. You may withdraw consent for such collection, use and disclosure, and make an access or correction request in respect of your personal data, in accordance with the Policy by emailing people@aspireapp.com.