Money Laundering Reporting Officer

Xendit provides payment infrastructure across Southeast Asia, with a focus on Indonesia, the Philippines and Malaysia. We process payments, power marketplaces, disburse payroll and loans, provide KYC solutions, prevent fraud, and help businesses grow exponentially. We serve our customers by providing a suite of world-class APIs, eCommerce platform integrations, and easy to use applications for individual entrepreneurs, SMEs, and enterprises alike.

Our main focus is building the most advanced payment rails for Southeast Asia, with a clear goal in mind — to make payments across and within SEA simple, secure and easy for everyone. We serve thousands of businesses ranging from SMEs to multinational enterprises, and process millions of transactions monthly. We’ve been growing rapidly since our inception in 2015, onboarding hundreds of new customers every month, and backed by global top-10 VCs. We’re proud to be featured on among the fastest growing companies by Y-Combinator.

About the Job

Xendit is a leading fintech company providing payment infrastructure across Southeast Asia and beyond. We enable businesses to accept payments, disburse funds, and manage financial operations seamlessly. As we expand our operations in Hong Kong under a Money Service Operator (MSO) license, we are seeking a highly experienced Money Laundering Reporting Officer (MLRO) to oversee our financial crime compliance framework and ensure adherence to Hong Kong’s AML/CTF regulatory requirements.

As the MLRO, you will be responsible for leading the anti-money laundering and counter-terrorist financing (AML/CTF) function for our Hong Kong MSO entity. You will ensure compliance with the Customs & Excise Department (C&ED) regulations, overseeing AML policies, risk assessments, suspicious transaction reporting, and regulatory engagements. This role requires a deep understanding of cross-border remittances and merchant acquiring (card payments) business, as well as experience managing compliance for high-risk financial transactions.

Minimum Qualifications

• 5+ years of experience in AML compliance, with at least 3 years as an MLRO or Deputy MLRO within an MSO, payments, merchant acquiring or fintech environment.

• 2+ years of managerial experience, leading AML/compliance teams and overseeing day-to-day operations.

• In-depth knowledge of Hong Kong C&ED regulatory frameworks, FATF recommendations, and regulatory reporting obligations.

• Proven experience in risk assessment, KYC/CDD, and EDD processes.

• Needs to be based in Hong Kong.

Preferred Qualifications

• Strong experience in cross-border remittances and merchant acquiring (card payments)

• Familiarity with regtech solutions and automated AML tools (e.g., transaction monitoring systems, sanctions screening, KYC/CDD platforms).

• Excellent stakeholder management skills with experience in regulatory and bank partner interactions

• Relevant certifications (such as CAMS, ICA, etc.) are highly preferred.

Responsibilities

Regulatory Compliance & AML Governance

• Act as the designated MLRO for the Hong Kong MSO entity, ensuring full compliance with AML/CTF regulations under Hong Kong’s Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).

• Develop, implement, and maintain AML/CTF policies, procedures, and controls in line with C&ED, and FATF guidelines.

• Act as the primary liaison with regulators, law enforcement agencies, and financial institutions, responding to compliance inquiries, audits, and examinations.

Risk Management & Transaction Monitoring

• Oversee AML risk assessments, identifying and mitigating risks associated with cross-border remittances and card payments.

• Manage and enhance transaction monitoring systems, ensuring effective detection and reporting of suspicious transactions (STRs) to the Joint Financial Intelligence Unit (JFIU).

• Ensure proper due diligence and enhanced due diligence (EDD) processes for high-risk customers, PEPs, large-value transactions, and etc..

Training & Internal Compliance Culture

• Provide AML training and awareness programs for employees to ensure compliance with internal policies and regulatory requirements.

• Foster a strong compliance culture across the organization, advising senior management on AML/CTF matters.

• Conduct periodic internal audits and reviews to assess the effectiveness of AML controls and recommend improvements.