Hong Kong Regulatory Compliance & Money Laundering Reporting Officer

At Stripe, a Most Loved Workplace® certified employer in the Financial Services space, Economic infrastructure for the internet, powering ambitious businesses globally..

<h2>Who we are</h2>

<h3>About the team</h3>

<p>Stripe is seeking a Regulatory Compliance and Money Laundering Reporting Officer (RC and MLRO) to lead our regulatory compliance and financial crimes program in Hong Kong. This role sits within the Affiliates pillar of the Financial Crime, Compliance and Risk Oversight (FinCRO) organization, and you'll report to the APAC Affiliates Lead.</p>

<p>You'll be the named RC and MLRO of Stripe Hong Kong (to be set up) and lead or assist in the registration of Stripe Hong Kong as a Money Service Operator (MSO), under the oversight of the Hong Kong Customs and Excise Department (CED). In your role as the RC and MLRO, you'll be the principal decision-maker and strategic lead on regulatory compliance and financial crime risk management decisions, serving a critical role in ensuring the continued safe growth and success of Stripe in Hong Kong. You'll also be the public face of FinCRO in Hong Kong. You have deep subject matter expertise and a proven track record building and evolving tech-forward regulatory compliance and financial crime programs (collectively, compliance programs).</p>

<p>You may be based in the Stripe Singapore office for approximately 6 months. The APAC Affiliates Lead determines the office location and duration.</p>

<h2>What you'll do</h2>

<h3>Responsibilities</h3>

<ul>

<li>Develop and implement a compliance strategy for Hong Kong, aligning with global FinCRO objectives and business goals, leveraging AI, data science, and automation wherever possible. Provide regular reporting and updates to the Board of Directors of Stripe Hong Kong regarding the health and effectiveness of the compliance programs </li>

<li>Act as the RC and MLRO, owning and enhancing Stripe Hong Kong compliance programs, in particular, ensuring the financial crime program is designed to efficiently and effectively prevent, detect, and report money laundering, terrorist financing, and other financial crimes</li>

<li>Engage with local regulators to shape the future of fintech oversight, advocating for tech-enabled compliance solutions. Serve as the primary point of contact for regulators and an ambassador for Stripe in Hong Kong</li>

<li>Act as a thought leader in the payments industry, representing Stripe in external forums and groups to help modernize regulatory expectations for the fintech era</li>

<li>Build and maintain trust and strong, collaborative relationships with key financial partners, including banks, payment networks, and other third-party providers. Educate partners on Stripe compliance programs and controls, and serve as the senior point of contact for escalations</li>

<li>Exercise oversight to ensure the compliance program and controls are fit for purpose. Provide advice to key stakeholders on product development to foster compliance by design</li>

</ul>

<h2>Who you are</h2>

<h3>Minimum requirements</h3>

<ul>

<li>10+ years of experience in financial crime, with a focus on financial services, fintech, or payments, and deep contacts—and influence—across the industry</li>

<li>Current knowledge of financial crimes and other relevant financial services laws and regulations in Hong Kong</li>

<li>Strong communication skills, with the ability to articulate complex regulatory concepts to both technical and non-technical audiences</li>

<li>Ability to think strategically and translate complex regulatory requirements into practical solutions</li>

<li>Strong problem-solving skills, with a data-driven approach to decision-making</li>

<li>Define and iterate on the Stripe Hong Kong risk appetite, ensuring a defensible stance as Stripe explores new, high-growth verticals and opportunities</li>

<li>High data literacy and the ability to work closely with data teams to identify emerging financial crime patterns and validate the effectiveness of detection models</li>

</ul>

<h3>Preferred qualifications</h3>

<ul>

<li>Experience working in a global, matrixed organization </li>

<li>Competence navigating regulatory guardrails amid a high-growth environment </li>

<li>High professional fluency in Cantonese </li>

<li>CAMS (Certified Anti-Money Laundering Specialist) or other relevant professional certifications</li>

</ul>

<h2><strong>Others</strong></h2>

<p><strong>We welcome applicants who are:</strong></p>

<ul>

<li>Based in Singapore with a willingness to relocate to Hong Kong. The APAC Affiliates Lead determines the relocation timeline.</li>

<li>Based in Hong Kong with a willingness to be temporarily located in Singapore for no more than 6 months. The APAC Affiliates Lead determines the duration.</li>

</ul>

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