Consulti Pte. Ltd. Hiring! Work from Home Compliance Officer in Central Region (Singapore), Earn up to SGD 5,000 - Ricebowl

Position Title: Compliance Officer

Employment Type: 1-Year Contract (Flexible Work Arrangements / Hybrid / Part-Time or Full-Time negotiable)

Company Industry: Corporate Services Provider

Location: Singapore (Hybrid / Remote options available)

About the Role

We are a boutique Corporate Service Provider (CSP) based in Singapore seeking a detail-oriented and proactive Compliance Officer on a 1-year contract basis. In this role, you will lead and optimize our regulatory compliance framework, ensuring our operations and client portfolio adhere to the ACRA Corporate Service Providers Act 2024, CSP Regulations 2025, and the Singapore Companies Act 1967.

This role offers flexible work arrangements and is ideal for an experienced compliance practitioner looking for autonomy, process optimization, and hands-on governance in a close-knit business environment.

Key Responsibilities

1. Framework, IPPC & Risk Governance

• Review, refine, and enforce the firm’s Internal Policies, Procedures, and Controls (IPPC) to ensure full alignment with ACRA, MAS, and FATF requirements (covering AML, CFT, and Countering Proliferation Financing - CPF).
• Maintain and update the firm’s Enterprise-Wide Risk Assessment (EWRA) across customer profiles, foreign jurisdictions, and corporate service offerings.
• Serve as the main point of contact for internal/external compliance audits and ACRA regulatory reviews.

2. Client Onboarding, Screening & KYC Verification

• Perform end-to-end Customer Due Diligence (CDD) and Know-Your-Customer (KYC) checks for new and existing clients (individuals, corporate entities, and complex ownership structures).
• Conduct screening against targeted financial sanctions (MAS/UN/US OFAC), Politically Exposed Persons (PEP) databases, and adverse media.
• Establish and document the client's Risk Rating (Low / Medium / High), ensuring Enhanced Due Diligence (EDD) is applied to high-risk entities and foreign PEPs.
• Oversee Remote Onboarding verifications, ensuring mandatory live video calls are conducted and archived (with screenshots) for remote company incorporations or shelf company transfers.
• Conduct "Fit and Proper" assessments for individuals appointed as Nominee Directors (including checking directorship capacity/limits).

3. Ongoing Monitoring & Team Collaboration

• Establish and conduct Periodic Reviews of client files based on their assigned risk profile (e.g., annual reviews for high-risk clients).
• Collaborate closely with the Accounting and Tax teams to review client transactions, verify Source of Wealth (SOW) / Source of Funds (SOF), and ensure financial activity aligns with the customer's stated business profile.
• Monitor statutory registers to ensure client records (Register of Registrable Controllers - RORC, Register of Nominee Directors - ROND, Register of Nominee Shareholders - RONS) are up-to-date and submitted to ACRA’s Central Register.

4. Workflow Improvement & Reporting

• Audit existing client folders (Cloud storage) to identify document gaps, outdated IDs, or uncompleted risk forms, and streamline the compliance workflow.
• Identify red flags and escalate high-risk matters to Senior Management/Registered Qualified Individuals (RQIs).
• File Suspicious Transaction Reports (STRs) via the STRO Online Notices and Reporting Platform (SONAR) when required, documenting non-filing rationales where appropriate.
• Maintain complete compliance records in accordance with the mandatory 5-year record-retention rule.
• Coordinate and document annual AML/CFT/CPF staff training sessions.

Key Qualifications & Requirements

• Experience: Minimum 2–4 years of relevant AML/CFT compliance experience within a Singapore Corporate Service Provider (CSP), law firm, trust company, or accounting entity.
• Regulatory Knowledge: Strong working knowledge of:
• ACRA Corporate Service Providers Act 2024 & CSP Regulations 2025
• Singapore Companies Act 1967
• Corruption, Drug Trafficking and Other Serious Crimes Act (CDTCA) & Terrorism (Suppression of Financing) Act (TSOFA)
• FATF standards and MAS guidelines on Targeted Financial Sanctions.
• Technical Skills: Familiarity with screening tools (e.g., Dow Jones, SentroWeb, World-Check, or Google search techniques) and ACRA’s BizFile+ system.
• Attributes: High attention to detail, strong analytical skills, ability to work independently, and strong interpersonal skills to communicate with internal operational teams.

What We Offer

• Flexible Working Arrangements: Hybrid or remote work setup with flexible working hours.
• Autonomy: Direct impact on building and modernizing a boutique CSP’s compliance architecture.
• Contract Term: 1-Year Contract (with potential for renewal or conversion based on operational needs).

Pay: $4,000.00 - $5,000.00 per month

Benefits:

• Flexible schedule
• Promotion to permanent employee
• Work from home

Work Location: Hybrid remote in Singapore 059764