About Ascend Money
Ascend Money is a leading fintech company providing innovative payment and financial services across 7 countries in the Southeast Asian Region.
Established in 2013, Ascend Money became Thailand's first fintech unicorn in 2021. Its flagship service TrueMoney today has become the most popular digital financial application that enables ease of payments and convenient financial lifestyle.
TrueMoney's extensive agent network as well as offline and online payment services also enable millions of users across the region to access innovative financial services, leading them to better lives.
Responsibilities :
- Lead and manage the regulatory compliance team, providing guidance, mentorship, and performance management.
- Develop, implement, and maintain the overall regulatory compliance program, policies, procedures, and frameworks.
- Serve as the primary point of contact for high-level regulatory inquiries and coordinate complex interactions with the BOT, SEC, and OIC.
- Provide strategic guidance to business units on the interpretation and implementation of new or amended financial laws and regulations, particularly within commercial and digital banking.
- Oversee and direct the communication of timely regulatory requirements to all relevant internal parties.
- Manage the development and delivery of comprehensive training programs to educate employees on compliance obligations and the risks of non-compliance.
- Lead the compliance risk assessment and monitoring framework, ensuring robust processes are in place to identify, evaluate, and report on compliance risks.
- Direct the execution of compliance reviews and monitoring activities to ensure consistent adherence to regulations across the organization.
- Oversee the proper recording and escalation of compliance findings and manage follow-up to ensure timely remediation by responsible management.
- Drive continuous improvement in compliance processes and controls.
Qualifications:
- Bachelor's degree or higher in Law, Finance, Business Administration, or a related field (Master's degree preferred).
- A minimum of 8-12 years of experience in regulatory compliance, legal, or risk management within the banking or financial services industry.
- Proven experience in leading and managing a team of compliance professionals.
- Expert-level knowledge of financial service regulations issued by the Bank of Thailand (BOT), Securities and Exchange Commission (SEC), and Office of Insurance Commission (OIC).
- Deep understanding of Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT), Know Your Customer (KYC), data privacy, and consumer protection regulations.
- Demonstrated experience in designing, implementing, and managing compliance frameworks and programs.
- Exceptional leadership and stakeholder management skills, with the ability to effectively liaise with senior management, regulators, and internal teams.
- Strong strategic and analytical mindset, with the ability to assess and manage complex compliance risks.
- Professional certifications such as CAMS, CRCM, CCEP, or equivalent are a significant advantage.
- Proficiency in Thai and English (both written and spoken) is required.
