Compliance Officer/ Money Laundering Reporting Officer (CO/MLRO)
Hyphen Connect LimitedHong Kong, Hong Kong · Posted 2 months agoDescription
To serve as the licensee's designated Compliance Officer and Money Laundering Reporting Officer under the AMLO, with overall responsibility for the establishment, implementation and maintenance of the MSO's AML/CFT systems, and to act as the central reference point for suspicious transaction reporting.
Key responsibilities — Compliance Officer (CO) function
- Hold overall responsibility for the establishment and maintenance of the MSO's AML/CFT systems, acting as the focal point for oversight of the firm's compliance measures.
- Develop, implement and maintain the firm's AML/CFT policy and procedures, covering customer due diligence, transaction monitoring, and reporting procedures.
- Serve as the primary point of contact for AML/CFT and regulatory matters with the Customs and Excise Department (C&ED), including handling requests for information (RFIs) from regulatory authorities on a timely basis and leading regulatory inquiries and inspections.
- Ensure ongoing compliance obligations are met, including carrying out customer due diligence for transactions above HKD 8,000, keeping transaction and client records for at least six years, and submitting periodic returns to the Customs and Excise Department.
- Lodge licence renewal applications and ad-hoc returns to the C&ED on a timely basis, including quarterly returns to the C&ED within two weeks of quarter-end using the prescribed form.
- Arrange independent AML/CFT audits commensurate with the nature, size and complexity of the business.
Key responsibilities — Money Laundering Reporting Officer (MLRO) function
- Act as the central reference point for suspicious transaction reporting and as the main point of contact with the Joint Financial Intelligence Unit (JFIU) and other law enforcement agencies.
- Play an active role in the identification and reporting of suspicious transactions.
- Review internal disclosures and exception reports and, in light of all available relevant information, determine whether or not it is necessary to make a report to the JFIU.
- Ensure that any suspicious transaction is reported promptly to the JFIU as soon as it is reasonable to do so.
- Maintain proper records on all investigations and reviews, and provide additional information where required by the JFIU and law enforcement agencies.
Similar jobs
My client is a financial services company and looking for a Head of Compliance / Compliance Officer roles. Job Description Lead the global compliance framework and manage the full licensing lifecycle, acting as the prima…
We are hiring on behalf of one of our clients in the stablecoin payment industry in Singapore. This position is based in Singapore, and EP sponsorship is available if required. What You’ll Do Subject Matter Expertise: Ac…
We are hiring on behalf of one of our clients in the stablecoin payment industry in Singapore. This position is based in Singapore, and EP sponsorship is available if required. What You’ll Do Subject Matter Expertise: Ac…
We are hiring on behalf of one of our clients in the stablecoin payment industry in Singapore. This position is based in Singapore, and EP sponsorship is available if required. What You’ll Do Subject Matter Expertise: Ac…
We are hiring on behalf of one of our clients in the stablecoin payment industry in Singapore. This position is based in Singapore, and EP sponsorship is available if required. What You’ll Do Subject Matter Expertise: Ac…
My client is a financial services company and looking for a Head of Compliance / Compliance Officer roles. Job Description Lead the global compliance framework and manage the full licensing lifecycle, acting as the prima…
My client is a financial services company and looking for a Head of Compliance / Compliance Officer roles. Job Description Lead the global compliance framework and manage the full licensing lifecycle, acting as the prima…
Est. 55,000 EUR
We are Kaizen Gaming Kaizen Gaming, the team powering Betano, is one of the biggest GameTech companies in the world, operating in 20 markets. We always aim to leverage cutting-edge technology, providing the best experien…
Who We Are At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom. OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access…
Est. 55,000 EUR
We are Kaizen Gaming Kaizen Gaming, the team powering Betano, is one of the biggest GameTech companies in the world, operating in 20 markets. We always aim to leverage cutting-edge technology, providing the best experien…
Est. 120,000 USD
My client is a financial services company and looking for a Head of Compliance / Compliance Officer roles. Job Description Lead the global compliance framework and manage the full licensing lifecycle, acting as the prima…
Est. 64,100 EUR
Ready to do the most impactful work of your career? At Coinbase, we are uncompromising on our mission to increase economic freedom. The bar is high, the environment is intense, and we like it that way. This isn't a place…
Est. 55,000 EUR
We are Kaizen Gaming Kaizen Gaming, the team powering Betano, is one of the biggest GameTech companies in the world, operating in 20 markets. We always aim to leverage cutting-edge technology, providing the best experien…
We are a decentralized protocol committed to the radical transparency of market data. In an industry where "Code is Law," we ensure that the spirit of fair play is upheld through rigorous analysis. As a Market Integrity…
We are hiring for a leading digital asset platform providing brokerage, exchange, and custody services for institutional and professional investors. Renowned for its commitment to regulatory compliance, it operates under…
Purpose of Position CASETiFY is looking for an Manager/ Assistant Manager (Compliance) to join our in-house Legal team. As the ideal candidate, you will hit the ground running, thrive in a fast-paced environment, and be…
Est. 90,000 USD
We are hiring for one of our crypto exchange clients.ResponsibilitiesResponsible for license applications, implementation, and ongoing maintenance in major global jurisdictions.Lead or participate in from-scratch license…
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly p…
Who We Are At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom. OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access…
Who We Are At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom. OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access…
This role sits as part of a first line compliance function to ensure that functionality, processes and reporting outputs built for Reporting Ops meet the regulatory criteria as documented by the relevant regulatory instr…
Who We Are At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom. OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access…
Who We Are At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom. OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access…
Est. 45,000 EUR
We are Kaizen Gaming Kaizen Gaming, the team powering Betano, is one of the biggest GameTech companies in the world, operating in 20 markets. We always aim to leverage cutting-edge technology, providing the best experien…
KOL Marketing Operations About Us MoneyHero Limited (NASDAQ: MNY) is a leading tech- and AI-powered personal finance aggregation and comparison platform that provides consumers with actionable insights to discover, compa…
Est. 250,000 USD
We are hiring for a leading digital asset platform providing brokerage, exchange, and custody services for institutional and professional investors. Renowned for its commitment to regulatory compliance, it operates under…
About Us MoneyHero Limited (NASDAQ: MNY) is a leading tech- and AI-powered personal finance aggregation and comparison platform that provides consumers with actionable insights to discover, compare, and choose the best f…
Est. 45,000 EUR
We are Kaizen Gaming Kaizen Gaming, the team powering Betano, is one of the biggest GameTech companies in the world, operating in 20 markets. We always aim to leverage cutting-edge technology, providing the best experien…