Aspire is hiring a

Regulatory Affairs Senior Manager

Aspire is the leading all-in-one finance operating system for growing businesses in APAC. We are on a mission to reinvent business finance for a new generation of entrepreneurs and business owners, empowering startups and MSME to realise their full potential. 

Founded in 2018, Aspire has raised over USD 300M+ across equity and debt from world-class investors. In 2023, we successfully closed an oversubscribed USD 100 million Series C equity round led by Sequoia Capital and Lightspeed Ventures with participation of Tencent, Paypal Ventures, LGT Capital Partners, Picus Capital and MassMutual Ventures. To power our solutions, we have partnered with some of the best companies in the world such as Visa and Wise and helped more than 50,000 businesses using our suite of products.

For 2 consecutive years in 2022 & 2023, Aspire has been awarded Best Employer of the Year and Startup of the year by Asia FinTech Awards, and also LinkedIn’s Top Startup in Singapore. In 2023, we also made it to CB Insights’ Top 100 Global Fintech List. 

You will be amazed by the energy and experience of our team! Aspire serves as an environment for you to innovate and drive change with our team of ex-entrepreneurs, ex-founders, and high-achievers with international and diverse backgrounds.

Are you a top talent who is passionate about entrepreneurship? Join our rapidly growing team to make an impact in the fintech space! 

About the team: 

At Aspire, we understand the importance of maintaining a strong culture of compliance to protect our organization and ensure the trust of our customers. Our Compliance Team is at the forefront of identifying and addressing regulatory risks, implementing controls, and ensuring that our policies and procedures align with regulatory requirements. This allows Aspire to stay ahead of evolving regulations, proactively identifying potential risks and developing comprehensive risk mitigation strategies, hence contributing to our long-term success. 

About the role:

Our Regulatory Affairs Senior Manager will report to the Head of Compliance and be responsible for supporting all activities related to the maintenance of, and compliance with, our payments license in Singapore. That will include managing liaison with the Monetary Authority of Singapore (MAS), responding to requests for information and developing a strong, collaborative relationship. Internally, it will involve providing advice to the business on all regulatory matters including conducting horizon scanning to ensure visibility and appropriate preparation for new or updated regulations or best practice. This role is critical to Aspire’s ambition of upholding the highest standards of compliance, and maintaining a strong collaborative relationship with the regulator. 

Key responsibilities:

  • Manage all regulatory liaison, including responding to requests for information and developing a strong collaborative relationship with MAS
  • Design and implement robust regulatory reporting mechanisms for regular data submissions to the regulator
  • Conduct horizon scanning and support the business in complying with new or updated regulatory requirements and best practice
  • Review and maintain policies, standard operating procedures, and internal controls for regulatory compliance with the Payment Services Act.
  • Monitor and conduct audit of the operational execution of the compliance policies.
  • Assist in internal and external audits of compliance and regulatory processes and procedures.
  • Develop content for internal training sessions on the regulatory and compliance framework for the business and compliance teams.

Minimum qualifications: 

  • Bachelor's Degree with minimum 7 years of work experience in regulatory compliance/ affairs
  • Previous experience of working at or closely with the Monetary Authority of Singapore’s Payments Division
  • A deep knowledge of the payments/fintech industry and the relevant regulations in Singapore
  • Excellent spoken and written English

Preferred qualifications:

  • Previous experience of using MASNET for submissions to the regulator
  • Independent worker with strong analytical skills and the ability to make sound compliance/regulatory recommendations
  • Strong team player to work with various internal stakeholders to effectively implement the compliance program

What we offer

  • Uncapped flexible annual leave.
  • Hybrid work arrangement. 
  • Training subsidy for your professional growth.
  • Wellness benefit.
  • Team bonding budget to foster collaboration and sense of belonging.
  • Flexibility to work from anywhere (for up to 90 days per annum).
  • Culture is Key: We always strive to cultivate a special culture that brings special talents together - You can learn more about our culture on our careers site and LinkedIn Life page.

Equal Opportunity Statement 

Aspire is an equal opportunity employer and is committed to providing equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic as outlined by applicable laws. 

Please note: by submitting your application, you acknowledge that you have read and understood Aspire’s Data Protection Policy for Employees, Freelancers, Contractors and Job Applicants (the “Policy”), and consent to the collection, use and disclosure of your personal data by Aspire for the purposes set out in the Policy. You may withdraw consent for such collection, use and disclosure, and make an access or correction request in respect of your personal data, in accordance with the Policy by emailing [email protected]

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