Compliance Officer (Hong Kong based)

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). 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

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.
• Certification such as a

  Certified Anti-Money Laundering Specialist (CAMS) or an equivalent international certification is preferred.