Compliance Officer & MLRO

AXG (Solowin Holdings); Hong Kong; On-site; HKD 600,000 - 1,100,000; Full time

Job summary

AXG (Solowin Holdings) seeks an experienced Compliance Officer & MLRO to lead the group’s regulatory compliance, AML/CFT, and risk management frameworks in Hong Kong. You will oversee ongoing due diligence for partners, manage regulatory communications and internal reviews, and drive a strong compliance culture across the organization.

The role emphasizes strict adherence to HK AML/CFT requirements, collaboration with financial regulators, and the leadership of comprehensive training programs

Qualifications

• 4–5 years of experience in compliance, risk management, or AML within financial services, fintech, PSPs, or banking.
• 2 years in a designated MLRO or senior compliance manager role.
• Strong knowledge of local AML/CFT regulatory frameworks and cross-border payments rules.
• Professional certifications such as CAMS/ICA are preferred.

Responsibilities

• Lead AML/CFT and sanctions management, including monitoring and SAR/STR filings.
• Execute outbound/inbound KYB/EDD due diligence for partners and PSPs; oversee vendor and merchant due diligence.
• Lead internal compliance reviews and governance, develop and update policies and SOPs; liaise with regulators and conduct audits.
• Design, deliver and coordinate AML/CFT training to strengthen a compliance-first culture.

Skills

AML/CFT expertise

Regulatory compliance

Risk assessment

Tools

AML screening systems

Regulatory reporting tools

Job description

• Regulatory Knowledge
• Professional Certifications
• Design and deliver tailored AML/CFT

Job Overview:

We are seeking an experienced and detail-oriented Compliance Officer & MLRO to lead our regulatory compliance, risk management, Anti-Money Laundering (AML), and Counter-Financing of Terrorism (CFT) frameworks. In this dual capacity, you will oversee compliance operations—including outbound/inbound partner due diligence and internal compliance reviews—and serve as the primary point of contact for regulatory bodies and financial intelligence units (FIUs).

Candidates with backgrounds in Fintech, Third-Party Payments, Card Issuing, Acquiring, or Card Schemes will be highly prioritized.

Key Responsibilities

1. AML/CFT & Sanctions Management

• Transaction Monitoring & Suspicious Reporting： Establish, refine, and optimize transaction monitoring rules; investigate alerts and file Suspicious Activity Reports (SARs/STRs) to relevant law enforcement agencies and FIUs (e.g., JFIU).
• Sanctions & PEP Screening： Maintain robust screening mechanisms for Sanctions (OFAC, UN, EU, etc.) and Politically Exposed Persons (PEPs) to mitigate financial crime risks.
• Enterprise Risk Assessment (EWRA)： Lead periodic enterprise-wide ML/TF risk assessments and continuously refine risk control strategies.

2. Partner & Merchant Due Diligence

• Outbound Partner & Merchant DD: Establish and execute KYB/EDD frameworks for onboarding merchants, payment service providers (PSPs), third-party vendors, and strategic partners. Assess their regulatory standing and compliance posture.
• Inbound Partner DD & Reviews: Lead and manage all compliance queries, questionnaires, and audit requests initiated by partner banks, card networks, institutional clients and other partners during their due diligence on our organization.

3. Internal Compliance Review & Operational Governance

• Internal Compliance Reviews： Conduct pre-launch compliance risk assessments on internal workflows, product features, commercial models, and operational changes to balance innovation with regulatory requirements.
• Policy & Framework Design: Formulate, update, and maintain internal compliance policies, standard operating procedures (SOPs), and employee code of conduct in line with evolving legal requirements.
• Regulatory Liaison & Audits： Serve as the official contact for regulatory bodies; manage regulatory inspections, license applications/renewals, and external audits.

4. Compliance Culture & Training

• Design and deliver tailored AML/CFT and general compliance training programs across all business units to foster a strong compliance-first culture.

Key Requirements

1.Work Experience

• 4-5 years of professional experience in compliance, risk management, or AML within financial services, fintech, payment service providers (PSPs), or banking.
• 2 years in a designated MLRO or senior compliance manager role.

2. Industry Expertise (Preferred)

• Strong domain knowledge of Payments, Cross-Border Payments, Card Issuing, Acquiring, and Card Network Rules is strongly preferred.

3. Regulatory Knowledge

• Deep understanding of local AML/CFT legal frameworks (e.g., Hong Kong AMLO, HKMA guidelines, Singapore MAS PSA, or relevant regional payment regulations).

4. Professional Certifications

• Certified Anti-Money Laundering Specialist (CAMS), ICA, or equivalent compliance certifications are strongly preferred.

5.Languages & Soft Skills

• Excellent command of written and spoken English and Chinese. Exceptional skills in drafting compliance documents, interacting with regulators, and managing complex stakeholder relationships.