Compliance Specialist

Job Responsibilities:

A. Ethical and Legal Requirements 

• Familiarize with all applicable laws and regulations, risk and compliance related policies and procedures. 


• Demonstrate commitment to legal and ethical behavior by ensuring risk management and compliance practices are in compliance with applicable requirements (and guidance) of the legal systems, HKMA, internal and external auditors and other regulators etc. 


• Ensure all responsible areas are in compliance with ethical and legal standards.

B. Assist the Department Head / Immediate Supervisor to manage Financial Crime Risk related matters 

• Effectively discharge the responsibility of being the Second Line of Defence (SLOD) function to maintain a financial crime compliance framework, covering anti-money laundering and counter-terrorist financing (AML/CTF), other relevant regulators and aligned to regulatory requirements and company’s risk appetite. 


• Act as a checker /maker role on ongoing Transaction Monitoring and Fraud Risk management review for Octopus wallet and merchant customers on selected cases according to the established procedures.


• Perform as maker / checker role to prepare the MIs for management or regulatory reporting.


• Assist manager to review, improve and execute the standard procedures, process workflow and systems, where necessary.

C. Others 

• Supervise and provide guidance to junior staff to ensure the quality of compliance review.


• Assist manager to review, improve and execute the standard procedures, process workflow and systems, where necessary.


• Perform any other ad-hoc tasks as assigned.

Job Requirements:

• University Degree, major in Accounting, Business Administration, Economics, Law, Mathematics, Statistics, Information Technology or related discipline is an advantage.


• Candidates with good understanding of HKMA AML Guidelines, Payment Systems and Stored Value Facilities Ordinance.


• Around 3 years’ relevant experience from the financial services industry with sound Financial Crime Compliance, investigation and/or risk management experience.


• Candidates with working experience in AML Compliance and /or regulatory fields will be advantage.


• Self-starter, highly independent with professional integrity.


• Proficient in MS Access, Excel, Word and Powerpoint. 


• Hands-on experience in Excel functions e.g. Pivot-table, V-LOOKUP, etc. is a plus.


• Strong analytical and communication skills.


• Good command of written and spoken English and Chinese.


• Fast learner and maintain quality of work with tight schedule. 


• Attentive to details and sensitive to numbers with strong analytical skills.


• Good communication and interpersonal skills for collaborating with internal and external parties.


• Proactive with can-do attitude. 


• Candidates with lesser experience will also be considered for Analyst position.

We offer successful candidate an attractive remuneration package and excellent career prospects. Interested parties please send your resume, present and expected salary, contact details and quoting the reference number by clicking Apply Now. 

Visit our web site: http://www.octopus.com.hk/


The personal data collected will be used for recruitment purposes only. If you are not contacted by us within six weeks, you may consider your application unsuccessful. Personal data with an unsuccessful applicant will be destroyed 12 months after rejection of the application. During this retention period, you have the right to request for correction or destruction of your personal data at any time. Any request for the correction or destruction of personal data should be addressed in writing to our Human Resources & Administration Department.


Octopus is an equal opportunity employer and all employment decisions and Human Resources policies are administered; especially those relating to recruitment & selection, compensation & benefits, promotion & transfer, training & development and termination & redundancy; without discrimination on the basis of age, race, colour, religion, sex, national origin, marital status, pregnancy, physical and mental disability and family status but on genuine occupational qualification, job performance, employees’ ability and internal/ external relativities.