FinTech Compliance Lead — AML/AMLO & MLO Licence

Chung Yick Tung Finance Technology Limited; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Benefits offered by this job

Five-day work week

Medical and dental insurance

Professional development and training

Fast-track career progression

Job summary

Chung Yick Tung Finance Technology Limited in Hong Kong seeks a designated Compliance Officer under the MLO licence to ensure full compliance with Cap. 163 and AMLO, and to lead the compliance management system from the ground up.

You will liaise with regulators, monitor changes, manage licence renewals, and implement KYB procedures for partner channels while overseeing daily compliance operations in a fast-paced fintech environment.

Qualifications

• Bachelor's degree in Law, Finance, Accounting, Business Administration, or related disciplines.
• Minimum 5 years of compliance/AML/risk management experience, fintech exposure preferred.
• Deep understanding of Money Lenders Ordinance (Cap. 163) and AMLO requirements.
• Familiarity with HKMA guidelines for licensed digital banks and card payment schemes.
• Excellent written and spoken English and Chinese (Cantonese and Putonghua).
• Strong regulatory communication and cross-functional coordination abilities.

Responsibilities

• Serve as the designated Compliance Officer under the MLO licence, ensuring full compliance with the Money Lenders Ordinance (Cap. 163), the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), and related licensing conditions
• Act as the primary liaison with regulatory authorities, including the Companies Registry (Money Lenders Registry), Hong Kong Police Force, and the Licensing Court
• Monitor and interpret regulatory changes, assess their impact on business operations, and adjust compliance strategies in a timely manner
• Oversee the annual renewal applications and related filings for the MLO licence, ensuring continuous validity of the licence
• Establish and maintain a channel compliance management framework for card issuance business, covering compliance review of partner digital banks (virtual banks), card schemes (Visa/Mastercard/UnionPay), and payment service providers
• Develop and implement Know-Your-Business (KYB) procedures for partner channels, ensuring all digital bank and payment partners pass fit-and-proper assessments and AML compliance evaluations
• Oversee the ongoing compliance performance of partner channels, conduct regular channel compliance reviews and risk assessments, and identify and address compliance issues in a timely manner
• Develop and maintain the Compliance Policy and Procedure Manual, covering AML/CFT, Customer Due Diligence (CDD), transaction monitoring, Suspicious Transaction Reporting (STR), and other core areas
• Design and implement a risk-based compliance control framework, including customer risk rating systems, transaction monitoring rules, and compliance audit mechanisms
• Oversee daily compliance operations, including customer onboarding reviews, transaction monitoring, suspicious activity investigations, and submission of suspicious transaction reports to the Joint Financial Intelligence Unit (JFIU)

Skills

Regulatory communication

Cross-functional coordination

AML knowledge

Education

Bachelor's degree or above in Law, Finance, Accounting, Business Administration, or related disciplines

Job description

Chung Yick Tung Finance Technology Limited in Hong Kong seeks a designated Compliance Officer under the MLO licence to ensure full compliance with Cap. 163 and AMLO, and to lead the compliance management system from the ground up.

You will liaise with regulators, monitor changes, manage licence renewals, and implement KYB procedures for partner channels while overseeing daily compliance operations in a fast-paced fintech environment.