Job Description
Who We Are
Moneycorp powers global payments for corporates, institutions and high net worth individuals, combining worldwide reach with local expertise. With over 45 years of market experience, two banking licences and offices in 11 countries, our technology delivers 24/7 accessibility, while our people deliver award-winning service. In 2024, we supported $1tn+ of payment volume, reaching 190 countries in 130 currencies. Our 32k+ corporate clients benefit from our regulatory resilience with 63+ permissions globally, access to major payment rails, and our proprietary technology.
Moneycorp is a place where energy, commitment, and collaboration are core to our values of shared success. We’re restless in our drive to surpass the expectations of our customers and unlock opportunities to support them at every stage of their journey. The foundation of our success is our people, and nurturing a culture of belonging for all our colleagues is central to our journey as a global business.
Who You Are / Your Next Challenge
We are looking for a Head of Compliance / MLRO to join our Compliance team on a full-time, permanent basis in our Hong Kong office. This position reports directly to the Chief Risk and Compliance Officer (CRCO), with dotted line reporting to our CEO in Hong Kong.
This role is essential as it serves as the local compliance leader, ensuring that our Hong Kong licensed entity operates in accordance with local regulatory expectations and adheres to Group policies.
As part of a centralised Compliance support team, the Head of Compliance/MLRO will assist the CRCO by reviewing operational and compliance processes. This position encompasses all aspects of compliance, including planning, reporting, and delivery. Additionally, it requires collaboration with other departments to ensure regulatory compliance and the development of policies that mitigate risks.
Key Responsibilities:
- Handle the onboarding and ongoing reviews for Hong Kong’s portfolio of customers in line with group procedures
- Support jurisdiction reviews for selected markets in Asia
- Execute TM workload, escalate and report locally and to Head Office as necessary
- Produce periodic TM reviews for local management record
- Keep local office abreast of Group AML/CFT policies, relevant updates to laws, sanctions, risks and concerns
- Update and enhance local policies, manuals, documentation as needed
- Supporting local staffs’ training in AML/CFT, including ensuring the completion of both Group and local regulator’s training requirements
- Overseeing local Compliance staff
What we're looking for:
This is a true business-partnering role, and the individual should have the ability to build strong relationships with key stakeholders and feel comfortable challenging norms and enabling change. The ability to exercise good judgement, determine the appropriate course of action and execute decisions in the face of imperfect information is vital.
The successful candidate will be part of a dynamic team and work in a fast-paced environment, catering to a diverse mix of stakeholders with varying needs. Therefore, the ideal candidate should be a self-starter, as there is an opportunity to make an immediate and tangible contribution to the business.
Knowledge & Experience
- Strong knowledge of MSO licencing and regulatory framework including the AML Ordinance
- Experience of writing local policies with group policy alignment, whilst complying with local regulations.
- Keeps abreast with local market and regulatory changes
- Governance and stakeholder management experience
- Strong communication skills – with ability to influence and build strong working relationships
- Technical and Operational Competency
- Experience of leadership with hands on execution – ‘Player-coach’ leadership style, preferably with experience of working in a global organisation
Skills and Competencies
- Fluent in Cantonese and English
- Self-motivated
- Able to build effective professional relationships and collaborate with other areas of the business to a successful outcome
- Effective report writing at a level suitable for executive dissemination
- Able to work under pressure
- Excellent analytical skills with strong attention to detail.
- Highly capable, working with complex and geographically diverse stakeholders to drive execution.
Personal Attributes:
- Curious and willing to learn / adapt.
- Respectful, professional and conscientious.
- Enjoys working in a fast-paced environment.
- Highly capable operating and executing independently, at times, and with larger multi-functional teams.
- Heavily driven to improve (self, team, process, company).
Please note: This is a permanent role within the Compliance team based in our Hong Kong office.
What you get in return: this role offers a competitive salary, plus a benefits package including private medical health insurance.
Fostering a culture of belonging and inclusivity
We're committed to creating a workplace where every individual feels valued, respected, and included. As an Equal Opportunity Employer, we actively cultivate an inclusive culture where diversity thrives, and we empower our colleagues to drive meaningful change within our organization through Employee Engagement initiatives and value champion networks.
Like many of our peers, we recognize that fostering inclusivity is an ongoing journey, and we remain steadfast in our commitment to progress. By measuring our efforts through regular assessments and listening to the feedback of our employees, we strive to ensure that our initiatives are impactful and responsive to the evolving needs of our workforce.
Together, we want to build a workplace where everyone can bring their authentic selves to work, as we believe this is the foundation of innovation, creativity, and collective success.
Interested?
If the role sounds like you, we invite you to upload a copy of your CV and can do this by clicking on the Apply Now button.
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