Who we are

We’re a next-generation fintech company on a mission to help our members achieve financial independence to realize their ambitions—whether that’s buying a house, starting a family, or becoming debt free. We aim to be at the center of our members’ financial lives, so they can get their money right. SoFi Hong Kong is a licensed corporation regulated by the Securities and Futures Commission of Hong Kong (CE No. AXL143) and has obtained Type 1 Licence for Dealing in Securities and Type 4 Licence for Advising on Securities.

By joining SoFi, you’ll help shape a brighter financial future for our 10+ million members—using innovative, mobile-first technology to transform an industry that hasn’t changed in decades. With offices across the United States and abroad, we’re one of the fastest growing companies in fintech—offering the agility of a start-up with the stability of seasoned management and dynamic, passionate employees.

Join us to invest in yourself, your career, and the financial world.

The role

We are seeking a Manager, AML in Hong Kong who will be responsible for oversight of an efficient and effective AML compliance and Sanctions program for SoFi Hong Kong. This includes the continued maintenance, enhancement, implementation, and direction of all aspects of the existing AML Policy and Program, such as CIP/KYC, Transaction Monitoring, Customer Risk Rating, Capacity Planning, Quality Assurance, etc. This individual will collaborate with Senior Management to ensure compliance with AML policies and procedures of Hong Kong. This role will provide advice, technical guidance, and specialized support services to cross functional teams and specialized business units, as well as to exercise initiative and judgment on how to address and resolve problems on a regular basis. The Manager, AML will contribute to meeting objectives and key results of the company through active participation in the US and non-US Compliance teams, and is expected to provide leadership, training and support to less experienced officers and staff members. This role will also be responsible for reviewing the work product for several AML functions, including transaction monitoring and customer due diligence in accordance with SoFi internal policies and procedures.

What you’ll do:

• Serve as the designated AML Officer for SoFi HK.
• Develop, implement and maintain AML policies and procedures and ensure they align with current regulatory requirements.
• Prepare data for presentation to the Board of Directors on a quarterly basis.
• Managing examinations or site visits from regulators.
• Coordinating and implementing responses to examinations.
• Design and implement Transaction Monitoring program, including rule design, tuning, and optimization.
• Ensure remedial efforts and action plans are effectively and appropriately communicated, properly executed and closed.
• Develop, implement and maintain risk assessment and control framework through strong compliance policies, standards and procedures related to AML and sanctions risks.
• Prepare and deliver annual AML and sanctions training, including ongoing targeted training to individuals based on role and responsibilities as applicable.
• Deliver data-backed narratives and presentations to clearly communicate findings to the Global BSA/AML Officer, Enterprise Chief Compliance Officer, and senior leadership.
• Consult legal, regulatory compliance, internal audit and other disciplines with regard to AML risk and compliance. Maintain a strong presence in the business and cultivate a culture of compliance that fosters and promotes individuals to seek AML/sanctions guidance as necessary.
• Development and implementation of procedures and objectives for the quality assurance purpose and conduct quality assurance reviews on transaction monitoring and customer due diligence.
• Carry out regular and event triggered model performance review and system review to ensure the parameters and thresholds setting remain adequate, effective and appropriate to its operations and context.  

What you’ll need:

• 6+ years of experience in AML and Sanctions regulatory compliance risk management
• Good command of written and spoken English and Chinese.
• Ability to lead AML-related process implementations involving cross-functional departments, including design and review of technology driven platforms and solutions.
• Ability to credibly challenge new or modified products/service offerings
• Manage and effectuate AML/sanctions risk assessments.
• Develop and update AML and sanctions policies and procedures as necessary.
• Ability to analyze the AML/sanctions program to identify areas to improve the efficacy of the AML/sanctions program.
• Experience overseeing AML-related regulatory examinations and have a comprehensive understanding of regulatory expectations, including the ability to draft documentation for regulatory review.
• Strong knowledge of customer risk scoring models and transaction monitor systems.
• Experience in quality assurance for AML transaction monitoring, internal/external investigations, and KYC functions.
• Excellent working knowledge of AML/BSA laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing transaction activity.
• Must be able to multitask, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines.
• Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure.
• Certified Anti Money Laundering Specialist (CAMS) or Certified Anti money Laundering and Fraud Prevention Professional (CAFP) preferred.

Competencies

• Demonstrated ability to build collaborative partnerships and facilitate efforts across business units, creating alliances among geographically diverse and matrixed stakeholders.
• Superior ability to develop practical, creative solutions designed to mitigate risks and meet business needs.
• Ability to manage multiple deliverables & priorities, handle highly confidential information
• Excellent verbal, written, and interpersonal communication skills; must be able to write & communicate items in a consumable form by senior executives.
• Approachable and personable.
• Personal drive.
• Determined and persistent.
• Team player.
• Must demonstrate professional curiosity, possess the desire and aptitude to rapidly learn new skills, and have a continuous improvement mindset to be successful in the role.

Why you’ll love working here

• Competitive salary packages and bonuses
• Comprehensive medical, dental, vision and life insurance benefits
• Generous vacation and holidays
• Paid parental leave for eligible employee

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