Key duties and responsibilities:

📍 Understand and stay up-to-date on the latest legal and regulatory requirements related to payment services including payment acquiring, money service operators, etc. in Hong Kong 📍Identify regulatory authorizations necessary for the organization to achieve its objectives in the countries of APAC region and develop a strategic plan to obtain and maintain them. 📍 Coordinate with internal and external stakeholders, including AML, legal, compliance, and operations teams, and external counsel to arrange for regulatory compliance, authorizations/licenses and launching Group’s services in Hong Kong and other countries of the region. 📍Support preparation and submission of regulatory applications (for registration, authorization, etc.) in a timely manner, ensuring accuracy and completeness of all required documentation. 📍Liaise with regulatory authorities and external legal counsel to respond to regulatory inquiries. 📍Collaborate with internal teams to support the development of required functions for each location and translate the regulatory requirements into procedures and processes. 📍Within competence, support audits (e.g. internal audit and statutory audit) 📍Provide guidance and training to internal teams on authorizations-related matters, ensuring awareness of compliance obligations. 📍 In respect of Hong Kong operations: perform duties of MLRO 📍Ensure that the business meets its regulatory requirements and mitigate AML/CTF risks to avoid breaches, fines and regulatory sanctions 📍Provide advice and assistance to other functions dealing with AML related matters 📍Respond to external and internal requests regarding AML Compliance 📍Conduct staff training on AML/CTF 📍Monitor developments and new trends in the Hong Kong and international AML/CTF framework 📍Drafting, updating and implementation of AML/CTF internal documentation

Skills and Experience required:

📍 Proven experience in Legal and Compliance roles in payment or financial services sector 📍Strong knowledge of financial and payment regulations, compliance requirements in Hong Kong, experience with other countries is an advantage 📍Excellent understanding of legal and regulatory frameworks relevant to the financial services and payments industry in Hong Kong. 📍Solid experience in implementation and monitoring of AML related practices and measures throughout the business 📍Exceptional organizational and project management skills, with the ability to handle regulatory matters in multiple regulated companies simultaneously. 📍Detail-oriented with a high degree of accuracy in preparing and reviewing documentation. 📍 Effective communication and interpersonal skills, with the ability to collaborate and build relationships with internal and external stakeholders. 📍Strong analytical and problem-solving abilities to address regulatory issues and challenges. 📍Proficient in using legal research tools and software. 📍Ability to work independently, prioritize tasks, and meet deadlines. 📍Bachelors degree in law and legal field. Masters degree or equivalent is an advantage. 📍A minimum of 3 years of experience in regulated financial services: payment providers, banks, regulators, consultancy services 📍English (advanced)