~29d ago

Compliance Officer

Hong Kong·Hong Kong Islandmid

Legal & ComplianceCompliance Specialist

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Quick Summary

Key Responsibilities

The Compliance Officer will be responsible for ensuring strict adherence to the AMLO and guidelines from the Hong Kong Customs and Excise Department (C&ED).

Requirements Summary

Candidates must meet the following criteria: A bachelor's degree in Law, Finance, Business Administration, or a related field.

Technical Tools

Legal & ComplianceCompliance Specialist

Responsibilities

~1 min read

→The Compliance Officer will be responsible for ensuring strict adherence to the AMLO and guidelines from the Hong Kong Customs and Excise Department (C&ED). Key duties include:
→Developing and updating anti-money laundering (AML) and counter-terrorist financing (CFT) policies and procedures.
→Acting as the main advisor for staff on daily AML/CFT compliance and transaction approvals.
→Managing the renewal of the Money Service Operator (MSO) license and corporate detail changes with the C&ED.
→Preparing and submitting statutory reports, such as suspicious transaction reports (STRs), to the JFIU and financial reports to the C&ED.
→Conducting regular institutional risk assessments to identify and mitigate financial risks.
→Opening correspondent accounts for MSOs and conducting daily transaction monitoring.
→Checking client documents, opening client accounts, and communicating with clients for additional information.

Requirements

~1 min read

Candidates must meet the following criteria:
A bachelor's degree in Law, Finance, Business Administration, or a related field.
A minimum of 3-5 years of proven experience in a compliance/AML role within a licensed Hong Kong Money Service Operator (MSO).
Practical experience in conducting AML/CFT checks, customer due diligence (CDD), and transaction monitoring.
Solid experience in developing and implementing compliance programs.
Proficiency in English and Cantonese is essential.
In-depth knowledge of AML/CFT ordinances and cross-border reporting regulations is required.
Certified Anti-Money Laundering Specialist (CAMS) or an equivalent international certification is preferred.