Contract KYC / CDD Compliance Analyst - OXPAY SG PTE. LTD.

Roles & Responsibilities

OxPay SG Pte Limited is a Major Payment Institute licensed by the Monetary Authority of Singapore. Together with OxPay’s licensed payment companies in Malaysia, Thailand and Indonesia, the group aims to become a payment powerhouse in Southeast Asia.

We are urgently seeking a Contract KYC / CDD Compliance Analyst for a 6-month assignment , with potential for extension based on performance . The successful candidate will be responsible for reviewing the adequacy of existing KYC / CDD documentation and conducting thorough KYC / CDD checks for our customers.

This role plays a vital part in strengthening our compliance with Anti-Money Laundering (AML) , Countering the Financing of Terrorism (CFT) , and Proliferation Financing (PF) regulations, as well as adhering to our internal Standard Operating Procedures (SOPs) .

The selected candidate will join a dynamic and collaborative team, with opportunities to work alongside colleagues across multiple locations.

Responsibilities :

• Documentation Adequacy Review :

o Conduct a thorough 100% review of all existing merchant KYC / CDD documentation currently stored in the central repository and ensure workflow sequence is in line with the Merchant Onboarding Standard Operating Procedure (SOP).

o Verify the presence and validity of all required documents, according to products and customer classification. This includes ensuring all elements specified in the SOP are collected and properly stored.

o Identify any missing, incomplete, or inconsistent documentation, flagging discrepancies for follow-up with the relevant teams.

o Ensure proper record-keeping standards are met for all reviewed files, including screenshots of screening results and analysis of hits.

o Perform comprehensive KYC / CDD checks for customers and connected parties, strictly following OxPay SG’s AML / CFT Policy and Merchant Onboarding SOP.

o Conduct screening using the KYC solution on the customer, its authorized representatives, beneficial owners, and connected parties against global data sources including Politically Exposed Persons (PEP) databases, regulatory enforcement records, and adverse media sources.

o Utilize critical thinking to analyze screening results, determining whether hits are legitimate or false positives, and documenting the analysis.

o Identify and escalate cases requiring Enhanced Customer Due Diligence (ECDD). This includes situations involving customers in high-risk jurisdictions, complex legal entities, opaque ownership structures, inconsistencies in Source of Wealth or Source of Funds, PEP status, sanctions exposure, adverse media, or unusual transaction patterns.

o Verify the identity of the customer, natural persons acting on behalf of the customer, and beneficial owners using reliable, independent sources.

o Validate appropriate AML / CFT risk ratings (Country / Jurisdiction Risk, Screening Risk, Structural Risk) to customers upon completion of identification and verification processes.

o Apply a diligent, meticulous, critical thinking, and logical mind to identify any discrepancies, inconsistencies, or "red flags" in documentation, screening results, or customer profiles that may indicate potential ML / TF / PF risks.

o Assess the legitimacy of business operations and transactions, inquiring into the background and purpose of any complex, unusually large, or unusual patterns of transactions that lack apparent economic or lawful purpose.

o Evaluate whether explanations for business activity or funds are reasonable and consistent with the merchant’s declared profile and expected transaction patterns.

Requirements :

Tell employers what skills you have

Licensing

Audit and Compliance

Risk Assessment

Regulatory Compliance

Investigation

Compliance

CAMS Certified

Fraud

AML

Regulatory Requirements