Location: Hong Kong

About Us

The Maples Group is a global leader in financial services, trusted by many of the world’s largest hedge fund managers, private equity firms, and international corporations.

Our side-by-side financial and legal teams consistently deliver award-winning services to a global client base, offering unrivalled learning and career opportunities to our 2,500 colleagues worldwide.

What is it like to work here?

We are driven to excel, and collaboration is key to our continued success. We can go further for our clients because we go further for each other too. Our inclusive culture creates an environment where people can be themselves at work while doing their best work. No matter where you work in the Maples Group, you will be part of a global team.

The Opportunity

We are looking for an accomplished Compliance Officer ("CO") and Money Laundering Reporting Officer ("MLRO") (collectively "CO/MLRO") to join our Compliance Team as part of our financial services business in Hong Kong.

Key Duties

The CO/MLRO reports into the Compliance Officer and MLRO for MaplesFS in Singapore.  Collectively they support the regional Head of Compliance for Asia in Maples & Calder; the Chief Compliance Officer ("CCO") for MaplesFS; with a local reporting line to the Boards of Maples Fund Services (Asia) Limited ("MFA") and Maples Fiduciary Services (Hong Kong) Limited ("MFHK") and their local business heads.  The tactical responsibilities feed one larger objective: ensure that MFA and MFHK are, at all times, duly authorised (where required), supervised and compliant to carry out financial services in accordance with the provisions of the Anti-Money Laundering and Countering Terrorist Financing Ordinance and any other applicable laws and regulations that tackle Financial Crime[1], as overseen by the Registry for Trust and Company Service Providers (for MFHK).

Primary responsibilities include:  

• acting as the Compliance Manager and MLRO for MFA/MFHK;
• assisting the boards of directors with the maintenance of the MaplesFS Hong Kong Compliance programme, designed to comply with and detect violations of local and applicable Financial Crime and Prudential[2] regulations and legislation in accordance with MFX's authorisations; including providing regular updates to the board and CCO (the Compliance programme is derived from the global MaplesFS Compliance strategic plan);
• providing regular updates to the management of MFA/MFHK and the HOC, as required;
• overseeing members of the Compliance team;
• liaising and working closely with Business Assurance;
• completing any required self-assessment questionnaires for local external authorities and submitting via their portal; noting that for certain surveys the data collection is the responsibility of the business;
• being the principal point of contact for MFA/MFHK with all external authorities including the Joint Financial Investigation Unit ("JFIU") on Financial Crime matters and the TCSP for matters relating to MFHK's licence;
• be the Money Laundering Reporting Officer including undertaking investigations into internal suspicious activity reports and externalise with the JFIU as required;
• being the point person for any inspections or thematic visits, ensuring remediation is handled appropriately with the business;
• reviewing any internal suspicious activity reports and, after suitable investigation, externalising any reports to the JFIU as may be required;
• participating as required in both internal audit and external audit reviews of the business, providing any necessary information on a timely basis;
• supporting the business in terms of all matters pertaining to countering Financial Crime including requirements to support client onboarding, know your customer and related queries, sanctions, etc.;
• support the roll out of the Global Compliance Strategic programme as required, including working on ad hoc project related initiatives;
• work with Business Assurance in the region to support reviews of onboarding, customer due diligence and related know your customer requirements;
• providing face to face training and support on financial crime and prudential matters;
• managing the ongoing Compliance Monitoring Programme to ensure that the internal policies and procedures are being consistently and effectively adhered to, including client reviews, checks against international watch / sanctions lists, assessing and recommending amendments to internal systems and controls as well as policies, and procedures to facilitate compliance with the regulatory framework;
• providing advice, assistance and guidance for all Compliance related business activities;
• ensuring relevant and appropriate training is delivered on matters relating to Financial Crime, Prudential and other targeted topics such as induction training and that this is provided to all relevant and non-relevant staff; liaising with all stakeholders as required.

What You Bring

In addition to indisputably high ethical standards and autonomy, the ideal candidate possesses the following:  

• at least three years’ previous experience in a similar role is preferred;
• a recognised compliance qualification or equivalent qualification is preferred (or more hands-on experience in an equivalent role);
• a demonstrable working knowledge of Financial Crime regulations and legislation including at least five years' experience of working with Hong Kong Compliance and Financial Crime requirements;
• excellent communication skills, both verbal and written and be able to deal with all levels of staff (English is the main language of the office);
• possess strong attention to detail and be able to manage time effectively;
• demonstrable team management experience.

Benefits & Rewards

The most enduring professional relationships are reciprocal relationships.  The Maples Group prioritises employee health and wellbeing. Depending on your location, we offer a range of benefits, including:

• Comprehensive health coverage (medical, dental and optical)
• Competitive vacation packages
• Educational assistance and professional development programmes
• Savings or pension plan
• Life insurance
• Travel insurance
• Global mental wellness programme
• Social events

About the Maples Group 

Over five decades, the Maples Group has grown from modest beginnings into one of the world's preeminent professional services firms, offering specialised fiduciary, fund administration, regulatory and compliance, entity formation and management and legal services on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg.

You can learn more about the Maples Group on our corporate website.  Experience our culture and our people on our Careers Page or on LinkedIn.

Disclaimer: All personal information collected during the application process will be used for recruitment-related purposes only. Please refer to our Job Applicant Privacy Notice at maples.com/privacy for details on how we handle personal information relating to job applicants.

[1] Financial Crime covers money laundering, terrorist financing, proliferation financing, sanctions, sanctions evasion, tax evasion, bribery and corruption, human trafficking, fraud, cybercrimes, and related matters

[2] Prudential regulations covers a number of topics and includes but is not limited to: internal controls; corporate governance; cloud and IT matters; outsourcing; fitness and properness; etc.