- HitPay
- Singapore,
- Full-Time
- 4 days ago
- $8k-10k
Head of Regulatory Affairs: our view in 3 lines...
- The Role: Lead regulator-facing functions for a payments platform, managing licensing and compliance across multiple jurisdictions.
- The Person: Own HitPay's regulator-facing function, act as primary liaison with MAS, manage license submissions, AML/CFT filings, audits, and business variation submissions across multiple licensed markets.
- Requirements: Deep, hands-on understanding of the MAS Payment Services Act including MPI/SPI designations, AML/CFT obligations, PS-N02 notices, and Section 6 business variation submissions with 7–10 years regulatory experience.
Job Description
What you'll do
Own HitPay's regulator-facing function across our five directly-held licenses (SG MPI under MAS PSA, PH OPS under BSP MAL, MY Merchant Acquirer under BNM, AU AUSTRAC, US FinCEN MSB). You'll be the primary voice with MAS — managing PSA obligations, AML/CFT submissions, business plan variations, and emerging guideline responses — while extending oversight to our four other licensed markets. This isn't a paper-pushing role: HitPay ships products fast, and regulatory needs to ship at the same cadence.
Must have
- Deep, hands-on understanding of the MAS Payment Services Act — MPI/SPI designations, AML/CFT obligations, PS-N02 notices, and Section 6 business variation submissions.
- 7–10 years in regulatory affairs, compliance, or legal-reg at a Singapore payment institution, EMI, MAS-regulated bank, or PSA licensee.
- Proven track record of leading at least one MAS license submission, audit, or material business variation end-to-end.
- Bias for shipping over planning. We measure in submissions filed, queries closed, and licenses maintained — not memos written
Nice to have
- Familiarity with at least one other HitPay-relevant regime: BSP (PH MAL/OPS), BNM (MY Merchant Acquirer / Money Services Business), AUSTRAC, FinCEN MSB.
- Prior experience inside a fintech that scaled through a license upgrade (SPI→MPI, EMI→PI, etc.).
- Comfort with AI tooling — we use Claude/MCPs heavily across compliance ops.
- Ex-MAS, ex-MAS-regulated-bank-compliance, or ex-Big-4 reg consulting with a clear in-house counterweight.
What will not work
- Job hoppers. We're looking for ≥18-month tenures and a clear narrative.
- Pure law-firm regulatory advisors with no in-house operator experience.
- "Looking to enter fintech" — you should already know the PSA cold.
- Big-4 / consulting-only backgrounds without an in-house tour of duty.
Comp
- Cash: HitPay default for level (open band)
- Equity: HitPay default for the role
- Location: Singapore (Preferred)
HitPay is a no-code payment processing platform for SMBs in South East Asia. We help SMBs to kickstart their commerce business with simple, easy-to-use payment and commerce tools embedded with low-cost payment methods. Our mission is to democratise access to commerce for SMBs.
