Head of Compliance/compliance Officer

Company: PingPong Payment (UK) Limited

Location: London

Title: Head of Compliance / Compliance Officer (M/F)

Position Type: Full‐time, permanent

Established in 2015, PingPong is a rapidly growing FinTech company with locations in China, Hong Kong China, the U.S., Japan,

India, and Luxembourg. We are recognized globally as an innovative payment provider for cross-border exporting SMEs and e
- commerce merchants. For our brand-new subsidiary, PingPong Payment (UK) Limited, we are looking for a **Head of Compliance**

**or Compliance Officer**.

You must be able to fulfil the requirements of regulatory functions SMF 16 and SMF 17 as defined by the FCA and will represent the company in regulatory matters. You will be supported by the global PingPong Compliance organization and functionally report to the Regional Chief Compliance Officer. Depending on the growth of the business, you will have the opportunity to develop the compliance function of PingPong UK.

**THE MAIN RESPONSIBILITIES**
- Ensure compliance with all obligations of an Electronic Money Institution.
- Detect and report suspicious activity to the relevant authorities.
- Manage working relationships with the FCA and relevant regulatory bodies, and liaise with regulators, auditors, and banking partners.
- Identify, assess, and manage compliance risks across business activities in the U.K.
- Participate in the analysis of new products and initiatives to ensure compliance risk management.
- Develop and implement compliance policies and procedures.
- Advise management, train staff on new regulatory developments, and recommend appropriate policies, procedures, and internal controls accordingly.
- Participate in the development and implementation of enterprise-wide compliance policies and controls.
- Implementation, review, and promotion of the company’s compliance program in the U.K. and Europe, including but not limited to customer KYC, enhanced due diligence, sanctions and PEP screening, transaction monitoring, and suspicious transaction reporting.
- Liaise with business counterparts to provide advice or approval on customers, products, services, and marketing materials in compliance with laws and regulations.
- Work with cross-functional teams in particular business, development, ops, risk control and IT teams in Luxembourg and China.

**QUALIFICATIONS**
- University degree in Law, Finance, or equivalent field
- ACAMS and/or ICA certifications are a plus
- Minimum 5 years of relevant working experience in a similar role in a FinTech, Payment or Electronic Money institution
- Possess sound knowledge and hands-on experience of U.K. and E.U. regulations, including data privacy laws and AML/CFT requirements in the above industry. Comfortable with EU financial regulations like PSD2, AML4 and 5, GDPR.
- Great communicator, able to explain complex concepts in a simple way
- Strong analytical, organizational, project management and leadership skills. Understanding of priorities and adherence to deadlines. Ability to work constructively and flexibly in a small team environment in the execution, tracking and management of a variety of tasks
- High-quality professional presentation skills, including excellent writing and public speaking capabilities
- Fluency in English is required; Chinese and other EU languages are a plus
- High level of ethics; Strong sense of confidentiality and discretion
- Self-starter with the ability to flourish in high-pressure environments
- Autonomous and pragmatic with sound judgment

**Job Types**: Full-time, Permanent

Schedule:

- 8 hour shift
- Monday to Friday

COVID-19 considerations:
Respect the current sanitary measures of the government.

**Education**:

- Bachelor's (required)

**Experience**:

- a similar role in FinTech, Payment or EMI institution: 5 years (required)

**Language**:

- English (required)
- Chinese (preferred)

Licence/Certification:

- ACAMS and/or ICA certifications (required)