Job Description

Hi. We’re OFX, a global provider of online, international payment services. We solve the complexity of moving money and enable better decisions. Headquartered in Sydney with offices worldwide, we’re a customer-focused business that is all about inspiring customer confidence.

At OFX, you’ll have the opportunity to reach beyond your role and function across disciplines. Make use of your diverse skill set at a business that values your expertise and turn your potential into reality.

Purpose of your role

Reporting to the senior management of the Risk and Compliance function, the Compliance Manager, Asia acts as a focal point for the oversight of the anti-money laundering and counter-terrorist financing (AML/CFT) policy frameworks and compliance obligations of OFX businesses in Hong Kong and Singapore.

As a key individual contributor to the APAC Compliance team and enabler to the Hong Kong and Singapore business teams, the Compliance Manager works with key stakeholders to ensure regulatory obligations are met, whilst maintaining a balanced and data driven approach to support a quality customer experience.

What you do

• As the designated Compliance Officer and MLRO, manage the Asia compliance function, incorporating the business entities of OFX Hong Kong and Singapore, in adherence to regulatory obligations and OFX Group policies.
• Maintain up to date risk assessments and programs to capture the dynamic nature of the OFX businesses and regulatory landscapes in which they operate.
• Deliver AML/CFT Compliance training to staff in the Hong Kong and Singapore business entities, maintaining a culture of compliance and an understanding of the key risks, controls and escalation points in those businesses and the OFX Group as a whole.
• Engage key local regulators, ensuring a proactive approach to reviewing and adopting changes that impact the markets in which OFX operates.
• Maintain a productive relationship with key business stakeholders to ensure that all entities and operations are aware of the obligations and risks they face, as well as assisting with development of control frameworks under which these may be mitigated.
• Maintain regular engagement with the Head of Compliance, APAC and other senior stakeholders proactively and via the delivery of periodic reporting requirements.
• Identify and escalate suspicious matters, risks and any possible or actual regulatory breaches to senior management and take responsibility for managing remediation actions where required.
• Monitor the performance of the AML/CFT control frameworks governing the OFX entities in Hong Kong and Singapore for quality assurance and work with functions to review and evolve where required.
• Coordinate internal and external reviews or examinations (regulatory or audit) of the OFX businesses in Hong Kong and Singapore.

Qualifications

• ACAMS or other relevant certification a plus.
• University degree, preferably in law, business or finance.

Knowledge, skills, experience

• At least 7 years’ experience in a senior compliance role in a financial services business or payment service provider
• A detailed knowledge of the Hong Kong and Singapore regulatory landscape with significant AML/CTF experience
• Experience working with HK Customs and Excise Dept, HK Monetary Authority and MAS regulations and requirements
• A detailed understanding of AML/CTF programs and controls at a local level and an broad knowledge of regional and global AML/CTF standards
• Excellent verbal and written communication skills, with an ability to engage at all levels of an organisation
• Ability to assess information and solve problems whilst balancing risk and commercial outcomes
• Language skills - Fluency in Cantonese/Mandarin and English

Additional Information

What it's like working at OFX

We’re OFXers because we want to make a difference. We see challenges as opportunities and we’re not afraid to roll up our sleeves to get stuff done. We’re committed to making things easier for our clients, pushing boundaries and continuing to move with the times so that we can continue to inspire confidence every day and through every transaction.

We operate as one team, cross-functionally and globally, to drive outcomes that deliver excellence for our customers. We're curious self-starters who love learning and sharing our knowledge with others. We embrace change and use our initiative and resilience to overcome challenges.

• Always keep learning. We offer a wide range of learning and career development opportunities to help every OFXer build their capacity and career, with leadership training, secondments, internal mobility and access to a large library of online learning.
• Make a difference. Through our Make a Difference program, we encourage OFXers to give back to causes and communities that are important to them. We celebrate this with an annual volunteer day, which OFXers can use together or individually, as well as matched giving and the opportunity to nominate charity of choice every quarter.
• Reward and recognition. We recognise a job well done. OFXers are encouraged to celebrate their peers’ effort, technical expertise or support through a range of global and regional channels and awards, including quarterly and annual awards, milestones and shout outs.
• Showing our social side. Our Good Vibes employee-led committees around the globe organize events to help keep our employees engaged inside and outside the office. Whether it’s a wellbeing activity, end of year celebration, or a monthly team get-together, our team wants you to feel welcome!
• Benefits that mean something. We offer a range of fantastic benefits, including health insurance, primary and secondary gender neutral carer parental leave (16 weeks) or birthday leave, you'll feel well-supported at OFX.
• A great work environment. Enjoy work-life balance and flexibility with our hybrid work model, in an inclusive, diverse and non-hierarchal culture.

At OFX, we are committed to fostering a diverse, inclusive and accessible workplace where we value, respect, and encourage our people to be their authentic selves. With an employee base as diverse as the clients we serve, we know that fostering an inclusive workplace is fundamental to our continued success. If you require accommodation for any portion of the recruitment and hiring process, please email us at [email protected].

We encourage you to apply if this role aligns with your career aspirations.