Compliance

About Us: SynOption Pte. Ltd. is a financial technology firm headquartered in Singapore, looking to play a role in bringing about more transparency and easing the way business is done in financial markets in FX derivatives. It is a new institutional platform that allows clients to analyse and trade on FX Option instruments and strategies in a fair and transparent manner.

Synoption is recognized as a Recognized Market Operator with effect from 31 December 2020 by Monetary Authority of Singapore.

Job Brief

We are looking for an experienced Compliance Manager to ensure our company adheres to legal standards and in-house policies according to MAS (Monetary Authority of Singapore). You will be responsible for enforcing regulations in all aspects and levels of business as well as provide guidance on compliance matters. The goal is to preserve the company’s integrity by making sure it stays on a lawful and ethical course.

Responsibilities and qualifications:

  • The individual will be expected to be able to identify and fully document in accordance with Company’s written policies and procedures:
  • All forms of market abuse;
  • Suspicious asset movements;
  • Fraud; and
  • Employee matters.
  • AML, KYC and Anti-Bribery

Candidates will be required to:

  • Utilize a variety of internal and external systems and databases in order to complete investigations;
  • Liaise with all other departments, when needed and if it is appropriate, in order to ensure a thorough investigation is completed;
  • Present a summary and proposed conclusion to management in a timely and clear manner, including proposals to implement appropriate steps to mitigate risk and/or monitor it
  • Report suspicious activities to regulators.

Skills and experience we are looking for:

  • Clear and practical understanding of regulation relating to market abuse
  • Good knowledge of anti-money laundering, anti-bribery and corruption legislation and regulation
  • Good knowledge of financial markets and products preferably FXOptions
  • Strong understanding of the correlation between asset classes
  • Excellent written and oral communication skills
  • Good excel skills
  • Strong analytical and risk assessment skills
  • Ability to adapt to new changes and new challenges
  • Ability to prioritize work flows and ensure deadlines are met
  • Ability to forge strong relationships with colleagues
  • Ability to work independently and yet still be team-oriented
  • Proactive, self-motivated, detailed oriented and well-organized
  • Develop and oversee control systems to prevent or deal with violations of legal guidelines and internal policies
  • Evaluate the efficiency of controls and improve them continuously
  • Revise procedures, reports etc. periodically to identify hidden risks or non-conformity issues
  • Draft, modify and implement company policies
  • Collaborate with corporate counsels and HR departments to monitor enforcement of standards and regulations
  • Assess the business’s future ventures to identify possible compliance risks
  • Review the work of colleagues when necessary to identify compliance issues and provide advice or training
  • Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control
  • Prepare reports for senior management and external regulatory bodies as appropriate

Requirements:

  • Proven experience as compliance manager
  • In-depth knowledge of the industry’s standards and regulations
  • Excellent knowledge of reporting procedures and record keeping
  • A business acumen partnered with a dedication to legality
  • Methodical and diligent with outstanding planning abilities
  • An analytical mind able to “see” the complexities of procedures and regulations
  • Excellent communication skills
  • BSc/BA in law, finance, business administration or related field
  • Certified compliance professional is a plus