Senior Manager, Payments Compliance

Funding Societies | Modalku is the largest SME digital finance platform in Southeast Asia. We are licensed and operating  in Singapore, Indonesia, Thailand, Malaysia andVietnam, and backed by Sequoia India (Peak XV), Softbank Vision Fund, Khazanah and SMBC bank amongst many others. Funding Societies | Modalku provides business financing to small and medium-sized enterprises (SMEs), which is funded by individual and institutional investors, as well as payments solutions to SMEs and consumers Here at Funding Societies | Modalku we live by our core values GETFS: Grow Relentlessly: Strive to become our best, most authentic selves. Enable Teamwork, Disable Politics: Only by forging togetherness, we help each other succeed. Test Measure Act: Stay curious and reinvent ourselves, through innovation and experimentation. Focus on Impact: Create impact through bias for action and tangible results. Serve with Obsession: Build win-win relationships for the long-term by having a customer obsession. We are seeking a hands-on and solutions-oriented Senior Manager, Payments Compliance to help us scale our payments business securely and responsibly across Southeast Asian markets. This role is critical in ensuring that our payments business operates in full alignment with regulatory requirements while enabling business innovation and speed. As a senior member of the Compliance team, you will work closely with Risk, Product, Business and senior leadership teams to provide pragmatic advice and solutions, build scalable controls, and maintain a strong compliance practice. You will also engage with local regulators on licensing, reporting, audits, and emerging developments in the regulatory landscape. What you will do:  Regulatory Compliance Leadership Assist the Payments Compliance Lead to oversee and enhance the payments compliance program across assigned jurisdictions. Interpret and advise Management on  payment-related regulations, licensing requirements, and MAS/regulatory guidelines. Conduct regular assessments and monitor changes in payments-related regulatory requirements to identify potential compliance gaps and recommend appropriate actions. Advisory & Partnership Act as the payments compliance advisor to product and business teams on new initiatives, features, and partnerships. Support compliance/regulatory aspects of product design, launch, etc. Regulatory Engagement Manage ongoing regulatory topics, inspections, audits, and correspondence with the regulators and partner financial institutions. Prepare and coordinate licensing applications, renewals, and any required regulatory filings. Compliance & Controls Assist to design and improve control frameworks to ensure adherence to AML, CFT, sanctions, and conduct requirements in payments. Help maintain an effective compliance framework for our payments-related franchise and ensure the Group's adherence to regulatory requirements. Assist and implement payment-compliance policies, procedures, and controls to mitigate regulatory risks and promote ethical behavior within the organization. Lead compliance testing related to payment services. People & Team Leadership Coach junior compliance team members. Assist to drive compliance education and embed a culture of ownership and accountability across the Payments organization, including facilitating training programs to promote awareness and understanding of Compliance obligations Requirements What we are looking for:  10+ years of relevant experience in payments, financial services, or fintech compliance. Strong knowledge of the MAS Payment Services Act and experience with its application in a business context. Familiarity with regulatory guidelines across Southeast Asia is preferred. Ability to work independently and provide sound judgment in ambiguous or evolving situations. Experience collaborating with product, tech, business and operations teams in a fast-moving environment. Strong communication, documentation, and stakeholder management skills. CAMS, ICA, or other compliance certifications are a plus. Benefits Time off - We would love you to take time off to rest and rejuvenate. We offer flexible paid vacations as well as many other observed holidays by country. We also like to have our people take a day off for special days like birthdays and work anniversaries. Flexible working - We believe in giving back the control of work & life to our people. We trust our people and love to provide the space to accommodate each and everyone's working style and personal life. Medical benefits - We offer health insurance coverage for our employees and dependents. Our people focus on our mission knowing we have their backs for their loved ones too. Mental health and wellness - We understand that our team productivity is directly linked to our mental and physical health. Hence we organize org-wide fitness initiatives and engage partners to provide well-being coaching. Tech support - We provide a company laptop for our employees and the best possible support for the right equipment/tools to enable high productivity Interested to know more about us? Learn about our stories here.