Compliance & AML Lead, Hong Kong

About the role

Bybit is on the lookout for a Compliance and Anti-Money Laundering (AML) Lead to oversee our operations in Hong Kong. In this pivotal role, you will be responsible for establishing and managing our compliance framework, ensuring adherence to regulatory requirements, and acting as the primary point of contact for regulatory bodies. Your expertise will be crucial in shaping our compliance strategy and fostering a culture of integrity within the organization.

Key facts

What you'll do

• Assume the role of Manager in Charge (MIC) for Compliance and AML, overseeing the application process for the SFC VASP license and ensuring compliance with ongoing regulatory requirements.
• Serve as the principal contact for all communications, inspections, and inquiries from regulatory authorities in Hong Kong, ensuring a transparent relationship with these entities.
• Design and implement a comprehensive compliance framework that encompasses Know Your Customer (KYC), Know Your Business (KYB), sanctions compliance, counter-terrorism financing (CTF), transaction monitoring, and regulatory reporting.
• Manage the complete compliance lifecycle, which includes developing policies, conducting risk assessments, and implementing testing and remediation strategies.
• Collaborate closely with cross-functional teams, including Product, Legal, Risk, and Business units, to ensure compliance considerations are integrated into new business initiatives and product offerings.
• Maintain a state of audit readiness by upholding high standards for governance, documentation, and compliance practices across the organization.
• Lead and mentor a global compliance team, fostering a high-performance culture and ensuring clear accountability for compliance-related tasks.
• Monitor changes in regulatory landscapes to proactively adjust internal compliance programs and policies in response to new requirements.

Requirements

• A Bachelor's degree in Finance, Law, Business Administration, or a related field from recognized institutions in the US, UK, Malaysia, Hong Kong, or Singapore.
• Between 6 to 10 years of relevant professional experience in compliance roles within the cryptocurrency sector, fintech, financial institutions, or banking environments.
• Demonstrated experience in direct communication with regulatory agencies in Hong Kong, showcasing your ability to navigate complex regulatory landscapes.
• A solid background in regulatory governance, licensing processes, or compliance monitoring for regulated financial entities.
• Strong analytical skills to interpret complex regulations and apply them effectively to dynamic business models.
• Proficiency in both written and spoken English and Chinese, enabling effective communication with diverse stakeholders.
• Proven ability to manage multiple high-priority projects simultaneously while adhering to strict deadlines.

Nice to have

• Experience as a Manager in Charge (MIC) of Compliance and AML for a licensed financial institution in Hong Kong, providing a strong foundation for this role.
• Familiarity with the cryptocurrency industry and its regulatory challenges, enhancing your ability to navigate this evolving landscape.
• Previous experience in developing training programs for compliance teams, contributing to the overall growth and effectiveness of the compliance function.

Skills & tools

• Proficient in Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) frameworks, ensuring robust compliance measures are in place.
• Expertise in KYC and KYB procedures, critical for maintaining a compliant customer onboarding process.
• Strong skills in regulatory reporting, ensuring timely and accurate submissions to relevant authorities.
• Competence in risk assessment and testing methodologies, enabling effective identification and mitigation of compliance risks.
• Excellent stakeholder management skills, fostering collaboration across various departments and ensuring alignment on compliance objectives.
• Experience in acting as a regulatory liaison, facilitating communication between the organization and regulatory bodies.

Practical notes

Bybit offers a range of benefits, including a Study Growth Fund dedicated to your professional development, opportunities for internal mobility, and regular team-building activities to enhance workplace culture. You will be part of a global and diverse team that emphasizes long-term career growth and advancement. Join us in shaping the future of finance in a compliant and responsible manner.