Job Summary:

XTransfer Limited, the Hong Kong subsidiary of XTransfer Group, is seeking a highly motivated and proactive Compliance Manager to join our fast-growing and fast-paced team. XTransfer Group is a fintech unicorn in B2B cross-border financial services, focused on providing SMEs with one-stop cross-border payment and risk management solutions. The ideal candidate for this role is a subject matter expert on regulatory compliance matters and is willing to take on a variety of tasks ranging from developing compliance programs to executing them. This position will be based in Hong Kong. Reporting to XTransfer Limited’s Compliance Director, you will handle compliance operations and framework and ensure compliance with all relevant regulatory requirements.

Responsibilities:

• Coordinate, prepare, and submit license applications, renewals, and periodic reports, manage examinations and ad hoc inquiries from regulators.
• Develop, enhance, and manage compliance programs and framework based on the company’s business and risk profile, along with bank partners and regulatory requirements.
• Liaise with partnered banks/financial institutions to understand their risk control requirements and demonstrate the company’s capabilities in risk management.
• Formulate compliance policies and procedures, design processes and controls, provide training, support internal and external audits, and manage remediations.
• Supervise/perform CDD, EDD, transaction monitoring, alert review, STR filing, and other reporting.
• Visit customers to stay abreast of their opinions and market best practices while communicating the value added by compliant operations.
• Provide compliance assessment and risk control solutions for new business launches and operations, and identify compliance risks of existing business models, products, marketing activities, etc.
• Stay abreast of regulatory changes, including new licensing obligations, payment regulations, AML/CFT requirements, and fraud-related news.
• Assist with the Group’s global business expansion and compliance work from other countries/regions if needed.
• Participate in ad-hoc projects as assigned.

Desired Skills and Experience:

• 4-5 years of solid experience in AML/CFT, sanctions, regulatory reporting, and compliance operations functions, preferably with at least 2 years in banking, payment, cross-border financial services, or fintech industry.
• Knowledge of local regulations.
• Entrepreneurial mindset (flexible, self-starting, and hard-working) in generating new and innovative solutions to build out the compliance infrastructure.
• Experience in hands-on operations of compliance-related tasks, able to take into account customers’ user experience in designing processes and controls.
• Excellent communication skills – oral, written, and presentation.
• Able to work well independently and as part of a team.
• Bachelor’s degree required; professional certification (e.g., CAMS, CRCM) preferred
• Bilingual in Mandarin Chinese is a plus.
• Applicants must be currently authorized to work in Hong Kong without the need for visa sponsorship now or in the future.

Working Conditions:

Work in the office.

What We Offer:

Founded by former Alibaba and Ant Group employees, XTransfer is a fintech unicorn in B2B cross-border financial services, focused on providing SMEs with one-stop cross-border payment and risk management solutions. We have built our global network and infrastructure to help businesses collect and pay across 200+ countries/regions and in 14 major currencies, without the constraints of the traditional global financial system. In September 2021, XTransfer reached the $B valuation mark during Series D. Headquartered in Shanghai, with offices in Hong Kong, Singapore, UK, EU, US, and other regions, XTransfer is planning to expand its operations globally.

We offer a fast-growing platform with great learning opportunities, a chance to work with an excellent team of young professionals, and a competitive remuneration package with stock options granted.