Compliance Specialist

Job Overview We are seeking an experienced and detail-oriented Compliance Specialist to support our regulatory compliance, risk management, Anti-Money Laundering (AML), and Counter-Financing of Terrorism (CFT) frameworks. You will support compliance operations, including outbound/inbound partner due diligence and internal compliance reviews, and act as a key point of contact for regulatory bodies and financial intelligence units. Candidates must have direct compliance or AML experience within the payments industry. Those with backgrounds in Fintech, Third-Party Payments, Card Issuing, Acquiring, or Card Schemes will be highly prioritized.

Key Responsibilities
1. AML/CFT & Sanctions Management
• Transaction Monitoring & Suspicious Reporting: Support the setup, refinement and optimisation of transaction monitoring rules; investigate alerts and assist with filing Suspicious Activity Reports (SARs/STRs) to relevant law enforcement agencies and FIUs.
• Sanctions & PEP Screening: Maintain robust screening mechanisms for Sanctions (OFAC, UN, EU, etc.) and Politically Exposed Persons (PEPs) to mitigate financial crime risks.
• Enterprise Risk Assessment (EWRA): Support periodic enterprise-wide ML/TF risk assessments and continuous refinement of risk control strategies. 2. Partner & Merchant Due Diligence
• Outbound Partner & Merchant DD: Establish and execute KYB/EDD frameworks for onboarding merchants, payment service providers (PSPs), third-party vendors, and strategic partners. Assess their regulatory standing and compliance posture.
• Inbound Partner DD & Reviews: Manage compliance queries, questionnaires, and audit requests initiated by partner banks, card networks, institutional clients and other partners during their due diligence on our organisation. 3. Internal Compliance Review & Operational Governance
• Internal Compliance Reviews: Conduct pre-launch compliance risk assessments on internal workflows, product features, commercial models, and operational changes to balance innovation with regulatory requirements.
• Policy & Framework Design: Assist to formulate, update, and maintain internal compliance policies, standard operating procedures (SOPs), and employee code of conduct in line with evolving legal requirements.
• Regulatory Liaison & Audits: Support liaison with regulatory bodies; assist with regulatory inspections, license applications/renewals, and external audits. 4. Compliance Culture & Training
• Support the design and delivery of tailored AML/CFT and general compliance training programs across all business units to foster a strong compliance-first culture. Key Requirements 1. Work Experience
• 3–5 years of professional experience in compliance, risk management, or AML.
• Mandatory: Proven compliance / AML working experience in the payment industry. 2. Industry Expertise
• Solid domain knowledge of Payments, Cross-Border Payments, Card Issuing, Acquiring, and Card Network Rules is preferred. 3. Regulatory Knowledge
• Deep understanding of AML/CFT legal frameworks. 4. Professional Certifications
• Certified Anti-Money Laundering Specialist (CAMS), ICA, or equivalent compliance certifications are strongly preferred. 5. Languages & Soft Skills
• Excellent command of written and spoken English and Chinese. Strong skills in drafting compliance documents, interacting with regulators, and managing complex stakeholder relationships.