Senior Compliance Manager
Rapyd
Description
Rapyd has unified payments, payouts and fintech on one worldwide platform, and we’re assembling the world’s best team to liberate global commerce. With offices in Tel Aviv, Amsterdam, Singapore, Iceland, London, Dubai, Hong Kong, and the U.S., the opportunities at Rapyd are limitless.
We believe in straight talk, quick decisions, strong execution and elegant solutions. Rapyd is where hard work pays off and careers take off. Join us and let’s build the future of fintech together.
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We are seeking a highly experienced Senior Compliance Manager & MLRO to lead our regulatory efforts in Hong Kong and support our broader APAC expansion. This is a critical role responsible for ensuring that Rapyd’s operations comply with all relevant laws and regulations, with a specific focus on the Money Service Operator (MSO) and Money Lender Licence (MLL) frameworks.
While this position focuses on senior-level individual contribution and regional leadership, it requires a "hands-on" professional who can manage high-stakes regulatory relationships, drive transaction monitoring excellence, and collaborate across multiple jurisdictions.
The Senior Compliance Manager is responsible for ensuring the Hong Kong entity’s compliance with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), MSO Guidelines, and the Money Lenders Ordinance (MLO).
The role provides compliance leadership across APAC, including Singapore, ensuring local regulatory requirements are effectively implemented within Rapyd’s global framework while maintaining clear personal accountability for Hong Kong AML/CFT and lending obligations.
Hong Kong MLRO & AMLO Accountability
- Act as the designated MLRO for the Hong Kong MSO and the Compliance Officer for the Money Lender Licence.
- Ensure the Hong Kong AML/CFT framework is risk-based, proportionate, and operationally evidenced.
- Oversee statutory obligations regarding Customer Due Diligence (CDD/EDD), ongoing monitoring, record keeping, and Suspicious Transaction Reporting (STR).
- Serve as the primary point of contact for the Hong Kong Customs and Excise Department (C&ED) and the Registrar of Money Lenders.
- Lead supervisory engagements, including licensing renewals, on-site inspections, and regulatory correspondence.
- Ensure timely submission of STRs to the JFIU and manage law enforcement requests.
- Ensure full compliance with the Money Lenders Ordinance (MLO) and Additional Licensing Conditions.
- Monitor interest rate compliance, advertising standards, and the vetting of third-party intermediaries.
- Manage the submission of required returns and statements to the Licensing Office.
- Provide compliance guidance across APAC (e.g., Singapore), ensuring a balance between Global Group standards and local regulatory nuances.
- Act as the senior point of escalation for APAC compliance matters, supporting regional growth while maintaining local accountability.
- Drive regional compliance initiatives, including regulatory change management and cross-border risk assessments.
- Support internal and external audits.
- Provide regular updates to senior management and VP of Compliance regarding risk trends and remediation progress.
Advisory & Business Enablement
- Act as a trusted compliance advisor to APAC product, operations, and technology teams.
- Provide AML/CFT and lending-specific input for new product launches or market entries to ensure "compliance by design.
Requirements
- 5+ years of senior-level compliance experience within a regulated Fintech or Payments environment.
- Previous experience as a designated MLRO or Compliance Officer for a Hong Kong MSO or a Money Lender Licensee.
- Expert-level knowledge of AMLO, MSO Guidelines, and the Money Lenders Ordinance (MLO).
- Proven track record of managing regulatory inspections and maintaining positive relationships with the C&ED. :Broad regional compliance experience across APAC, including Singapore.
- Deep understanding of cross-border payment flows and correspondent banking risks.
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