About Reap
Reap is a fast-growing fintech company bridging the gap between web2 and web3. We are a Visa licensed principal issuer and BIN sponsor based in Hong Kong. Our Card Issuing platform allows client to launch a secure and compliant card program with unmatched speed and flexibility to issue cards, authorize transactions, and manage payment operations in real time. We are also a licensed remittance payments company in multiple jurisdictions globally and our Payments platform allows clients to automate corporate payments at scale.
Reap is supported by an empowering group of global investors, as covered by Forbes.
About the team
You will be part of a global Legal, Risk and Compliance team to jointly build and operate a best-in-class regulatory compliance program as Reap seeks to deepen its roots in its Hong Kong headquarters. You will report directly to the General Counsel.
What you’ll do
We are seeking an experienced professional to oversee and manage the licensing and regulatory compliance for Securities and Futures Commission ("SFC") and Customs and Excise Department ("C&ED") regulated activities with a virtual asset element, primarily: VA Custody, VA Dealing, money service operator ("MSO") and potentially securities licenses (Type 1,4,9).
This role is critical to ensuring our firm operates within the evolving regulatory framework governing virtual assets and traditional securities in Hong Kong and remains a leader in the space.
You will be supported by a large support team across all areas but you will drive the understanding, maintenance and overall compliance of the program requirements. You will be granted wide autonomy and decision-making ability to achieve this goal and ensure regulatory compliance is maintained at the highest level at all times.
Specifically you will:
- Prepare and submit licensing application bundles to the SFC
- Create understanding across all teams and stakeholders of the relevant requirements and drive the enhancements necessary with support from Product, Engineering, Finance and more.
- Coordinate and manage the external assessment process
- Implement and monitor robust internal control systems and governance structures
- Act as the primary contact point with all regulator enquiries and license renewals and maintain communications to build trust
- Be the subject matter expert in Hong Kong for all licensing and AML matters including SFC and CED
- Act as the responsible officer as required for licensing purpose
Who you are
If you are a compliance subject matter expert in Hong Kong keen for an exciting opportunity to join as an key member of successful high growth start-up looking to rapidly expand, this job is for you.
- 8+ years relevant experience within fintech, payment companies, virtual assets companies or other financial institutions.
- Legal qualifications and experience would be a plus
- Deep understanding of stablecoins and virtual asset regulations in Hong Kong
- Strong understanding of regulatory frameworks and decision-making processes of HK regulators
- Ability to work collaboratively within a complex organization, across multiple cultures, geographies, and disciplines.
- You understand that not all the rules are black and white, there will sometimes be grey areas and edge cases that require a deep knowledge of the relevant regulations and the ability to assess the situation with creativity and thoughtfulness.
Show me the benefits!
- Your own Reap Card for expense management
- Fully flexible remote work options
- Share options
