HK01 - AMLRO and Compliance Officer | Hong Kong

● DEPARTMENT: Compliance
● REPORTING STRUCTURE: Chief Compliance Officer
● JOB TITLE: HK01 - Anti Money Laundering & Compliance Officer
● JOB LEVEL: Professional
● SCOPE OF WORK: Responsible for Compliance and Legal Requirements

We are looking for an Anti Money Laundering and Compliance Officer in Hong Kong with an eye for detail but able to work efficiently to assist in all compliance and AML matters within the Company. Candidate should have experienced in the sphere of financial crime prevention, as well as with the Payment Services Act and the subsidiary regulations, and have dealt with Regulators on a regular basis.

KEY PERFORMANCE AREAS

    The job seeker is and shall

  • Be responsible for payments/ remittance (MSO) business in Hong Kong with oversight of business operations as well as responsible for (i) lead the team, (ii) business planning and management, and (iii) to ensure these are done within a controlled and compliant environment.
  • formulate and execute the strategy for payments/ remittance business and work within the overall business strategy and corporate plan for the business.
  • Be responsible for Financial Crime Prevention
  • Establishing and maintaining the framework for AML policies, systems and processes to counter the risks of the Company’s involvement in money laundering, terrorist financing, weapons proliferation and sanctions, as well as filing of suspicious transaction reports
  • Take responsibility for identifying, assessing, monitoring, controlling and mitigating risks to the company, including AMLRO/ compliance matters
  • Coordinate and review regular transaction monitoring and analysis from a financial crime perspective
  • Be responsible for maintaining and ensuring senior management is aware of the enterprise-wide AML risk assessment for the Company as well as the corresponding mitigation measures
  • Managing regulatory compliance within the Company
  • Be abreast of new regulatory requirements
  • Endorse annual compliance monitoring programs, ensuring adherence to ongoing obligations
  • Ensure regulatory compliance through regulatory monitoring or audits
  • Coordinate with counter parties on regulatory requests and ensure prompt follow-up
  • Maintain close contacts with key clients, contacts, Regulator, and lead the functions to further and achieve business goals.
  • Provide 2nd level monitoring and management of compliance to internal policies and procedures
  • Assess new initiatives, products and businesses for compliance and legal issues, and point out key issues and potential compliance risks for management acceptance.
  • Review legal documentation for requested changes or draft new documents, liaising with legal adviser where required.
  • Process improvements and other ad-hoc projects, including system implementation
  • Coordinate, work with, and take instructions from the global team 

    Management reporting

  • Reporting to CCO for approval

    Business Division

  • Ensure that company complies to all legal requirements
  • Ensure policies and procedures are adhered to
  • Internal Audits

MINIMUM QUALIFICATIONS, EXPERIENCE & SKILLS 

  • At least a degree in preferably Law, Business, Accountancy, Finance or equivalent
  • Extensive experience (minimum of 5 to 8 years) - in payments/ remittance (MSO) businesses.Experience dealing with regulators and comfortable with making decisions
  • Technical payments, remittance (MSO) knowledge (ie industry knowledge)
  • Experience in developing and executing segment strategies
  • Experience in team management, leading teams and working with other management
  • Familiar with AML / KYC tools and financial crime prevention standards for the digital asset space
  • Well-versed with regulatory obligations, and changing regulatory framework of digital assets
  • Able to work in high pressure environment.

PERSONAL ATTRIBUTES

  • Team player but able to work independently
  • Strong interpersonal and communication skills & analytical thinking
  • Fluent in English
  • Integrity and professional ethics
  • Business acumen
  • Meticulous, mature with a positive work attitude Attention to detail
  • Hardworking
  • Reliable

WE CAN’T WAIT TO MEET YOU!

Join our team
 send us an email with your resume and cover letter and add as subject: HK01- AMLRO Compliance Officer

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