About the Role

We are seeking a seasoned Compliance Officer & MLRO to oversee regulatory compliance and anti-money laundering (AML) programs for our Hong Kong MSO-licensed entity. This role requires a strategic leader with deep expertise in payment industry regulations, AML/CTF frameworks, and the ability to liaise with regulators in a multilingual environment (English, Mandarin, Cantonese).

Key Responsibilities

● Regulatory Compliance

○ Ensure full adherence to Hong Kong MSO licensing requirements, including but not limited to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), Payment Systems and Stored Value Facilities Ordinance (PSSVFO), and guidelines from the Hong Kong Monetary Authority (HKMA).

○ Develop, implement, and maintain compliance policies, procedures, and controls for cross-border payment services, virtual asset transactions (if applicable), and stored value facilities.

● Licensing & Reporting

○ Lead regulatory filings, audits, and inspections, including timely submission of statutory reports to HKMA and other relevant authorities.

○ Monitor regulatory updates and coordinate internal adjustments to ensure ongoing compliance.

● Stakeholder Engagement

○ Act as the primary point of contact for regulatory bodies (e.g., HKMA, JFIU) and external auditors.

○ Advise senior management on compliance risks and mitigation strategies for new products or market expansions.

● AML Program Leadership

○ Design and execute the company’s AML/CTF framework, including customer due diligence (CDD), enhanced due diligence (EDD), transaction monitoring, and sanctions screening.

○ Investigate and file Suspicious Transaction Reports (STRs) to the Joint Financial Intelligence Unit (JFIU) as required.

● Risk Assessment & Training

○ Conduct periodic AML/CTF risk assessments and gap analyses, ensuring alignment with HKMA expectations.

○ Deliver compliance training programs to staff, fostering a strong risk-aware culture.

● Systems & Controls

○ Collaborate with IT and product teams to enhance compliance tools (e.g., transaction monitoring systems, KYC automation).

Qualifications & Requirements

● Experience & Knowledge

○ More than 5 years of compliance/AML experience in payment institutions, MSO licensees, or fintech firms, with at least 3 years in an MLRO or senior compliance role.

○ In-depth knowledge of Hong Kong AML/CTF regulations, MSO licensing obligations, and cross-border payment compliance.

● Certifications

○ Recognized certifications (e.g., ACAMS, ICA Diploma in AML, or equivalent).

● Language & Communication

○ Fluent in English, Mandarin, and Cantonese (written and spoken) to liaise with regulators, regional teams, and stakeholders.

○ Strong report-writing and presentation skills for regulatory communications.

● Leadership & Problem-Solving

○ Proven ability to manage regulatory inspections, resolve complex compliance issues, and influence cross-functional teams.