Funding Societies | Modalku Group – Compliance Intern

Company
Funding Societies | Modalku Group
fundingsocieties.com
Designation
Compliance Intern
Date Listed
08 Oct 2021
Job Type
Entry Level / Junior Executive
Intern/TS
Job Period
Immediate Start, For At Least 3 Months
Profession
Professional Services
Industry
Finance
Location Name
Singapore
Work from Home
Allowance / Remuneration
$800 monthly
Company Profile

Funding Societies | Modalku is the largest SME digital financing platform in Southeast Asia. We are licensed in Singapore, Indonesia, Thailand, and registered in Malaysia. We are backed by Sequoia India and Softbank Ventures Asia Corp amongst many others and provides business financing to small and medium-sized enterprises (SMEs), which is crowdfunded by individual and institutional investors.

Job Description

The Compliance Team is responsible for helping Funding Societies identify the risks that they face and advising on how to mitigate these risks. We design and implement controls to protect Funding Societies from those risks. We then follow up on the implementation by monitoring and reporting on the effectiveness of those controls. We also provide advice on regulations, policies and controls to management and employees and resolve compliance issues as and when they occur

You will assist the Compliance Officer in the various Compliance related tasks and get to learn and experience first-hand what it's like to manage Compliance for a licenced entity that is subject to MAS Regulations.

Will largely work remotely with the exception of ad-hoc tasks that require handling of hardcopy documents in office.

What you will do: 

  • Assist with Customer Due Diligence for Investors, Borrowers and Employees (Anti-Money Laundering and Countering the Financing of Terrorism);
  • Assist with ongoing Suspicious Transaction monitoring;
  • Assist with Outsourcing Due Diligence;
  • Assist with the maintenance of the various Compliance and Regulatory Registers;
  • Other Compliance related matters including ad-hoc legal office visit tasks

What we are looking for: 

  • Studying Accounting, Finance or Law
  • Basic computer skills, Microsoft word, excel
  • Strong problem-solving and decision-making skills
  • Good communication skills, both written and verbal
  • Motivated, hardworking and humble personality
This position is already closed and no longer available.  You may like to view the other latest internships here.

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