Head of Compliance Operations

Red Begonia Limited; Bandar Baru Bangi; On-site; MYR 150,000 - 220,000; Full time

Job summary

A leading fintech firm in Malaysia is seeking a Head of Compliance to lead compliance operations across multiple jurisdictions including Hong Kong. The ideal candidate will possess over 5 years of experience in compliance, particularly in consumer fintech, and will have a strong grasp of regulatory environments. This role involves developing compliance policies, managing compliance teams, and ensuring effective risk management.

Qualifications

• 5+ years of experience in compliance within fintech or digital banking.
• Experience in multiple jurisdictions including Hong Kong.
• Certification in compliance (e.g., CAMS, ICA) is a plus.

Responsibilities

• Draft and maintain compliance policies in line with regulations.
• Oversee regulatory reporting and coordinate license applications.
• Manage first-line compliance teams focusing on AML and KYC checks.
• Investigate suspicious transactions and ensure regulatory reporting.

Skills

Compliance program management

AML and KYC expertise

Regulatory reporting

Transaction monitoring

Communication skills

Job description

RedotPay is a global crypto payment fintech integrating blockchain solutions into traditional banking and finance infrastructure. Our user-friendly crypto platform empowers millions globally to spend and send crypto assets, ensuring faster, more accessible, and inclusive financial services. RedotPay advances financial inclusion for the unbanked and supports crypto enthusiasts, driving the global adoption of secure and flexible crypto-powered financial solutions. Join us in shaping the future of finance and making a meaningful impact on a global scale.

Job Description

We are looking for an experienced and proactive Head of Compliance to lead our compliance function. You will ensure that our operations, products, and policies fully comply with local and international regulatory standards. This is a key leadership role for someone passionate about building robust compliance programs in a fast-paced, consumer-facing fintech or digital banking environment.

You will oversee compliance operations and strategy in Hong Kong as well as in other countries where we hold or are applying for licenses, ensuring consistent standards and effective risk management across all jurisdictions.

Key Responsibilities

• Policy & Regulatory Oversight – Draft, maintain, and implement robust compliance policies and procedures in accordance with Hong Kong and other international regulatory requirements.
• Oversee and coordinate regulatory reporting, ensuring timely and accurate submissions to authorities in Hong Kong and other jurisdictions.
• Work closely with the legal team to support license applications and regulatory engagements in multiple countries.
• Lead and coordinate AML audit remediations globally, ensuring timely closure of findings and continuous improvement.
• Compliance Operations – Manage and mentor first-line compliance teams responsible for daily AML and KYC checks on accounts and transactions.
• Continuously improve compliance processes for efficiency, scalability, and effectiveness in high-volume, multi-jurisdictional environments.
• Deliver training, guidance, and support to compliance teams to maintain the highest standards across all regions.
• Oversee transaction monitoring frameworks covering both fiat and crypto transfers, with the primary objective to minimize AML/CTF risk.
• Ensure effective KYT (Know Your Transaction) and Travel Rule risk rule setting, policy implementation, and full compliance—including accurate collection, verification, and transmission of required information for cross-border transactions.
• Set and review risk parameters and thresholds for transaction monitoring, ensuring alignment with regulatory requirements and business needs.
• Investigate suspicious transactions and potential AML/CTF issues, ensuring appropriate escalation and regulatory reporting in each jurisdiction.
• Regularly review and optimize transaction monitoring rules to address emerging risks in different markets.

Qualifications and Experience

• Past experience in a consumer fintech or neo/digital bank is essential for this role.
• Minimum 5 years of compliance experience, ideally with oversight in multiple jurisdictions (including Hong Kong and other APAC/global markets).
• Proven track record in building and managing compliance programs for B2C financial services organizations.
• Strong understanding of Hong Kong and international regulatory environments (HKMA, AMLO, SFC guidelines, and relevant overseas frameworks).
• Demonstrated experience in global AML/CTF compliance, regulatory reporting, and supporting license applications across multiple countries.
• Skilled in transaction monitoring systems, KYT, Travel Rule implementation, investigations, and risk assessment for consumer transactions across jurisdictions.
• Compliance certifications (e.g., CAMS, ICA, CRCM) are a plus.
• Excellent communication skills in English; proficiency in Cantonese/Mandarin or other relevant languages is an advantage.