MoolahSense is Singapore’s first legally compliant crowd-financing platform that connects businesses, mainly growth SMEs, who are seeking short-term loan financing to prospective investors. Now, anyone can be an investor by investing directly in local businesses for a fixed return!
Please visit our website www.moolahsense.com for more details.
The operations team is responsible for the design, operation and improvement of the process and platform that will contribute to the growth of our peer to business lending platform. You will join a fast growing team and play an exciting and critical role in accelerating the rapid growth of our user base in Singapore.
Key Accountabilities:
1. Account Operations
- Liaise with new investors on account opening
- Assist in the efficient and timely processing of incoming and outgoing payments
- Assist in the daily reconciliation of investors' segregated bank account
2. Risk Policies and Processes
- Propose action plan to control and mitigate operational risks
- Implement risk and control self-assessment (RCSA) processes using checklists, narratives and facilitated workshops
- Develop contingency plans
3. Governance and Control
- Implement control procedures across functions
- Document regular operational risk reports to management
- Ensuring of escalation mechanisms are established and are being used
- Check and audit compliance of policies and procedures
4. Documentation and Review
- Check and process all incoming and outgoing documentation and ensure compliance
- Define and produce policies, procedures, processes and other documentation as required
- Prepare regular risk reports to management
- Conduct operational risk research and analysis on new business initiatives
Main interactions with other functions/external entities:
- Business Development
- Credit Operations
- Technology
PREFERRED PERSONAL ATTRIBUTES
- Ability to organize and prioritize
- Proactive and independent
- Meticulous and Detailed Oriented
- Confident and Assertive
- Excellent Communication Skills
QUALIFICATIONS AND EXPERIENCE
- At least a degree in Finance/Banking/Business/Accountancy.
- Experience in risk management/control, compliance, audit or business support/management role within the financial services industry
- Previous stints in start-ups will be a plus as candidate must thrive in a highly unstructured and light-speed start-up environment.
- Project Management experience an advantage
- Good command of software skills, such as MS office and Excel. Candidates with VBA programming knowledge is a plus.
- Only those with existing employment rights in Singapore need apply (Singapore Citizens/PR, Employment Pass, etc).