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 wi...