TL;DR
Regulatory Compliance & Money Laundering Reporting Officer at Stripe leading financial crime and compliance programs for Stripe Hong Kong. Role involves regulatory strategy, financial crime prevention, and stakeholder management across APAC.
Hong Kong Regulatory Compliance & Money Laundering Reporting Officer (RC & MLRO)
Stripe is seeking a highly experienced and strategic Regulatory Compliance & Money Laundering Reporting Officer (RC & 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 & Risk Oversight (FinCRO) organization, and you will be reporting to the APAC Affiliates Lead.
You will be the named RC & MLRO of Stripe Hong Kong (to be set up) and will lead/assist in the registration of Stripe Hong Kong as a Money Service Operator (MSO), under the oversight of the Hong Kong’s Customs and Excise Department (CED). In your role as the RC & MLRO, you will be the principal decision-maker and strategic lead on regulatory compliance and financial crime risk management decisions, serving a critical role in ensuring Stripe’s continued safe growth and success in Hong Kong . You will also be the public face of FinCRO in Hong Kong . The ideal candidate must have deep subject matter expertise and a proven track record building and evolving tech-forward regulatory compliance and financial crime programs (collectively, compliance programs).
The successful candidate may be expected to be based in the Stripe office in Singapore for a period of about 6 months. The location of the Stripe office and duration will be decided by the APAC Affiliates Lead.
Key Responsibilities
- Strategic Leadership: Develop and implement a robust and effective 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 Stripe Hong Kong ’s Board of Directors regarding the health and effectiveness of the compliance programs.
- Regulatory Compliance and Financial Crimes Programs Oversight: Act as the RC & MLRO, owning and enhancing Stripe Hong Kong 's 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.
- Regulatory Management: Proactively 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 .
- External influence: 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.
- Partner and Relationship Management: 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’s compliance programs and controls, and serve as the senior point of contact for escalations.
Advisory and Consultation: Exercise oversight to ensure Stripe’s program and controls are fit for purpose. Provide expert advice to key stakeholders on product development to foster compliance by design.
Qualifications
- Experience: 10+ years of experience in financial crime, with a significant focus on financial services, fintech, or payments, and deep contacts - and influence - across the industry
- Regulatory Knowledge: Deep and current knowledge of financial crimes and other relevant financial services laws and regulations across Hong Kong .
- Communication: Exceptional communication skills, with the ability to articulate complex regulatory concepts to both technical and non-technical audiences.
- Strategic Mindset: Ability to think strategically and translate complex regulatory requirements into creative and practical solutions.
- Problem-Solving: Strong analytical and problem-solving skills, with a data-driven approach to decision making
- Resilience: Define and iterate on Stripe Hong Kong ’s risk appetite, ensuring a defensible stance as Stripe explores new, high-growth verticals and opportunities
Data proficiency: High data literacy, ability to work closely with data teams to identify emerging financial crime patterns and validate the effectiveness of detection models
- Certifications: CAMS (Certified Anti-Money Laundering Specialist) or other relevant professional certifications are a plus.
Nice to Have
- Experience working in a global, matrixed organization.
- Deep competence navigating the regulatory guardrails amidst a high-growth environment.
- Ability to speak Cantonese fluently.
Others
We welcome applicants who are:
- based in Singapore with a willingness to relocate to Hong Kong; relocation timeline to be determined by the APAC Affiliates Lead.
- based in Hong Kong with a willingness to be temporarily located in Singapore for an expected period no more than 6 months, as determined by the APAC Affiliates Lead.
This position offers an exciting opportunity to lead innovative compliance programs in Hong Kong .