Senior/Compliance Manager

Thunes is the Smart Superhighway for money movement around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes’ Network connects directly to over 7 billion mobile wallets and bank accounts worldwide, via more than 350 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more. 

Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house Smart Treasury Management Platform and Fortress Compliance Infrastructure, ensuring Members of the Network receive unrivalled speed, control, visibility, protection, and cost efficiencies when making real-time payments globally. Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. 

Headquartered in Singapore, Thunes has offices in 14 locations, including Barcelona, Beijing, Dubai, London, Manila, Nairobi, Paris, Riyadh, Atlanta, San Francisco, Sao Paulo and Shanghai. For more information, visit: https://www.thunes.com/

Thunes is expanding its services into Australia and is preparing its application for an Australian Financial Services Licence (AFSL) and for enrollment with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a reporting entity.

This role is part of Thunes' "Fortress Compliance" vision and supports our ongoing global growth with regulatory confidence. This is a rare opportunity to join Thunes in a critical role at a time of rapid growth and innovation in the fintech payments space. As Compliance Manager Australia, you will have a direct hand in shaping the future of our compliance capabilities, protecting a truly global network, and enabling safe, seamless cross-border transactions in emerging and established markets alike. You will be joining a company that values bold thinking, integrity, and collaboration - and where your work will have a meaningful impact on millions of transactions, customers, and partners around the world.

Based in Sydney and reporting to the APAC Compliance Director, this role will represent the Thunes Compliance function in Australia, for both acquiring and payout services and assisting in the application and maintenance of the AFSL licence and AUSTRAC registration as well as day to day running of the business.

This role is expected to partner with the Global Compliance function (incl. the Chief Compliance Officer, the Financial Crime team and the KYC teams) and other functional teams (including Legal, Account Management & Business Development, Finance & Treasury, Product...) based across the world.

• Payment Service Providers (incl. Australian Financial Services Licence holders, Remittance service providers, acquiring PSPs)
• Banks or Financial Institutions
  • Traditional banks active in the payments space
  • Neo-banks 
  • BaaS actors, and therefore able to assist Thunes in satisfying ASIC’s requirements for organisational competence in respect of its AFSL licence application

• Ensuring timely and accurate reporting to ASIC and AUSTRAC in accordance with law and regulation, including, AFSL, AUSTRAC and IFTI requirements
• Actively engaging in the localisation and deployment into Australia of Thunes’ Group Compliance frameworks, including for AML/CTF, Sanctions, and ABC policies as well regulatory reporting and training
• Applying existing frameworks to all the different stages of the business relationship (onboarding, ongoing monitoring, reporting), and supporting the KYC and Transaction Monitoring teams in their daily activities
• Providing relevant and reliable risk analysis on clients, payment methods and global payment chains
• Preparing and communicating analysis and assessment to internal senior management
• Identifying, assessing, tracking, and escalating risks (namely regulatory) throughout Thunes’ business

• Serves as Point of Contact for AUSTRAC and ASIC and act as local MLRO
• If required, maintain status of responsible manager for the purposes of Thunes’ AFSL licence and AUSTRAC registration
• Interacts with Senior Management, partner banks, ASIC, government authorities and payment schemes in the region
• Plays a role in the Australian policy management process including creation and deployment of relevant policies
• Centralise and coordinates the remediation of audit findings

• Maintain and promote the Legal, Compliance and Risk culture within the business line
• Assist in the governance of the Australian regulated entity (committees, reporting to authorities)
• Assist global teams to accommodate the Australian regulatory specificities within the Global Compliance Program
• Communicates and trains relevant teams on compliance requirements

• 7 to 10 years of professional experience in Compliance in a financial institution, preferably in banking or payments in Australia
• Deep knowledge of the Australian payment services regulation as well as the AML/TF local framework. Any other APAC regulation expertise would be a plus
• Bachelor’s Degree or equivalent in Banking, Finance, Accounting, Risk Management Law, or other relevant areas 
• Expertise in compliance areas within a financially regulated company including namely AML/TF, Risk & Permanent Control, Governance

• Able to satisfy ASIC’s requirements for organisational competence as set out in Table 1 of RG105
• Has knowledge of operational deployment of a compliance programme (including KYC, sanction & PEP screening, AML/CFT alerts management)
• Excellent written and verbal communicator in English (reading/speaking) would be a good to have
• High level of autonomy and proactivity but able to collaborate effectively across time zones
• Ability to work well under pressure, different priorities, and tight deadlines
• Collaborative work approach
• Some international travel may be required (no more than 5%)

Sound like you? Apply now!