Head of Compliance and MLRO Hong Kong
Reap helps businesses access financial services by providing stablecoin-enabled corporate cards and cross-border payment solutions without traditional banking requirements.
Funding history
About Reap
Reap helps digital-led businesses manage payments by providing stablecoin-enabled financial infrastructure. With it, businesses can access corporate credit cards without bank accounts, make cross-border payments using stablecoins, and manage expenses globally. Reap serves Web3 companies and traditional businesses seeking efficient payment solutions.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will serve as the appointed MLRO for Hong Kong entities, own the Hong Kong AML/CFT programme, assess suspicious activity, file STRs, manage post-STR actions, set CDD and EDD standards, govern sanctions and transaction monitoring, engage regulators and auditors, oversee investigations, report to senior management, and lead compliance training.
Requirements
- 10+ years in AML/CFT or financial crime compliance within regulated financial institutions
- Prior appointment as MLRO, Deputy MLRO, or CO/AMLCO in a Hong Kong-regulated institution preferred
- Experience filing STRs with the JFIU
- Experience managing regulator inspections or external AML audits
- Knowledge of AMLO, DTROP, OSCO, UNATMO, C&ED MSO guidelines, and JFIU reporting practice
- Expertise in CDD, EDD, sanctions, transaction monitoring, investigations, and SAR/STR decision-making
- Blockchain analytics and Travel Rule knowledge is an advantage
- CAMS, ICA, or equivalent qualification preferred
- Experience engaging regulators, auditors, and senior stakeholders
Responsibilities
- Act as appointed MLRO for Hong Kong entities
- Assess suspicious activity escalations and decide whether to file STRs with the JFIU
- Manage post-STR handling, account restrictions, fund quarantine, and law enforcement liaison
- Maintain records of STR decisions and follow-up actions
- Own Hong Kong AML/CFT policies, standards, and procedures
- Lead institutional ML/TF risk assessments
- Set CDD, SCDD, and EDD standards
- Adjudicate high-risk client escalations
- Govern sanctions screening, transaction monitoring, and ongoing due diligence
- Act as primary C&ED contact for MSO licence matters
- Lead external AML audits and remediation
- Monitor Hong Kong regulatory developments
- Provide second-line guidance and oversight to Financial Crime Operations
- Review complex investigations
- Deliver compliance reporting to senior management
- Own Hong Kong AML/CFT training
Benefits
- Insurance coverage after probation
- Reap Card stipend
- Use of AI tools at work
