Head of Compliance (Hong Kong)
About us
Endowus is Asia’s leading fee-only digital wealth platform. Licensed by the Hong Kong Securities & Futures Commission (SFC) and Monetary Authority of Singapore (MAS). Endowus is the first digital advisor in the region to span both private wealth (Cash) and public pension savings (CPF & SRS in Singapore), helping all investors grow their money with expert advice, institutional access to financial solutions, low and fair fees, and a delightful personalised digital wealth experience.
Our clients entrust us with a responsibility that goes far beyond technology or financial markets - they entrust us with their wealth - their livelihoods and ambitions of a better future for themselves and their loved ones. Our mission is clear: help people invest better so they can live easier today, and better tomorrow.
The people you will work with
The team has deep domain knowledge in finance and technology, bringing together decades of experience at Morgan Stanley, Amazon, JPMorgan, UBS, Goldman Sachs, Blackstone, Vanguard, ANT, Fidelity, McKinsey, Grab, ByteDance, and many others. See our leadership team here. We practise inclusion and treasure our diversity in background and experience. A diverse team is our biggest asset and we look for people who share our belief in Endowus’ clear mission.
Investors, recognition, licensing
Founded in 2017, Endowus has raised a total of US$95 million in funding from investors such as UBS, EDBI, Prosus Ventures, Z Venture Capital, Samsung Ventures, Singtel Innov8, and global leading venture capital firms Lightspeed Venture Partners and Softbank Ventures Asia.
Endowus’ leadership and growth have been recognised by the industry and it has attained numerous awards including Singapore’s Rising Star and Fintech Innovation in Asset Management, CEO of the Year, CIO of the Year (Asia Asset Management’s Best of the Best Awards 2022), Singapore’s Fintech Startup of the Year (The Asset Triple A Digital Awards 2022), LinkedIn Top Start-ups 2021, Forbes Asia 100 to Watch, WealthTech of the Year (Asia FinTech Awards 2022), Top 15 Singapore’s Best Workplaces Award and Top 100 Asia’s Best Workplaces Award 2022 (Great Place to Work).
The Endowus Group comprises Endowus' licensed companies in Hong Kong and Singapore, as well as Hong Kong-based multi family office Carret Private. Endowus Group serves over a hundred thousand clients with content, advice and access. With group assets of over US$6 billion, it is one of the largest independent wealth managers in Asia. From a combination of 100% trailer fees rebates as direct cashback to clients, savings from the access to institutional share class and exclusive funds, Endowus has created more than US$40 million in savings per year for its clients.
Endowus is licensed by the Monetary Authority of Singapore (MAS).
About this role; responsibilities & ownership
Endowus Hong Kong is looking for an experienced compliance and risk professional to lead its compliance and risk function in Hong Kong.
In this role, you will:
- Work closely with leadership and business teams (including product & engineering, marketing, client experience and other teams) to provide proactive, in-depth business-focused advice and support the roll-out of new products and solutions;
- Understand and appropriately manage regulatory and business risks pertaining to Endowus’ business in Hong Kong;
- Point of contact in managing our relationship with local regulator(s) and ongoing licensing requirements;
- Provide oversight in business conduct and other compliance matters such as financial crime, technology risk, and data privacy & protection;
- Assist in reviewing of marketing materials to confirm compliance with local regulations;
- Review, maintain and develop company policies and procedures in line with Hong Kong regulatory requirements;
- Build knowledge amongst the team to understand the latest regulatory developments that affect the business and provide interpretation;
- Manage annual internal audit conducted by outsourced service provider; and support external audit where required;
- Reporting locally to the Head of Hong Kong, with matrix reporting to the Head of Legal & Regulatory Affairs in Headquarters in Singapore.
Requirements & qualifications
- 10+ years of compliance experience within wealth management, asset management, brokerage firm, or robo-advisory.
- An ability to distil complexity and to identify and clearly communicate practical, risk-based solutions.
- An ability to communicate effectively with a range of stakeholders–from internal parties to sales to external financial partners, enterprises, and executives.
- A passion for learning about disruptive fintech business models and the intricacies of how they are structured.
- Great organizational skills.
Nice to haves
- Be curious, willing and able to roll up your sleeves and get into the details of new business models but possibly do things outside of your comfort zone.
- Love to learn and do a quick study on new things, how they work, and what they do.
- Thrive working in a team in a fast-paced environment with priorities that frequently change and occasionally compete.
- Have strong analytical skills, love to problem-solve creatively.
- Be a great communicator and solid project manager, able to effectively prioritize and advance a large number of matters, often on tight deadlines.
- Be able to proactively take ownership and work across regions.
- Be comfortable working on compliance matters independently and take ownership over matters, and know when to escalate issues.
Benefits & perks
- Stock options in a fast growing company *
- Employee discount for investing at Endowus
- Flexible working hours and locations so you can live life and your best work - you are trusted to be responsible
- Competitive Staff Benefits; Annual leave, Life & Medical Insurance, Flexible Benefits Allowance *
- Productivity Equipment; Omnidesk Standing Desk & Ergonomic Chairs, Dell UltraSharp USB Type-C Monitor, high-end computer peripherals
- Choice of Apple or PC equipment
Note: * is only applicable to Full-Time employees
- Email subject: [Role you are applying for], [Your name]
- Attach your CV
- Content portfolio — Original content creation (English and Traditional Chinese), translation (English to Traditional Chinese), any marketing/social media samples
- Cover letter in body of your email
- Desired salary/package
- Notice period (if any)
- Current location
- Visa assistance for role location? (Y/N)
