Head of Regulatory Compliance & Licensing, China - Airwallex
Airwallex is the leading financial technology platform for modern businesses growing beyond borders. With one of the world’s most powerful payments infrastructure, our technology empowers businesses of all sizes to accept payments, move money globally, and simplify their financial operations, all in one single platform.
Established in 2015 in Melbourne, our purpose is to connect entrepreneurs, business-builders, makers and creators with opportunities in every corner of the world. Today, Airwallex has a global footprint across Asia-Pacific, Europe, the Middle-East and North America.
The role:
Airwallex’s global Regulatory Compliance & Licensing Team works cross-functionally and across multiple jurisdictions to develop and execute regulatory strategies that facilitate the launch into new markets and sustainably scale up Airwallex’s operations worldwide by applying for new regulatory licenses as we expand in products suits and geographic regions, in addition to putting in place robust regulatory compliance measures for implementing and maintaining the existing licenses.
As the Head of Regulatory Compliance & Licensing, China, you will be based either in Shanghai, Guangzhou or Beijing and primarily focused on managing Airwallex’s non-bank payment institution licenses(非银行支付机构牌照) in mainland China. This role will have a strong focus on advising Airwallex on complex regulatory issues in mainland China and liaising with PRC regulators such as PBOC and SAFE. You will also be responsible for ensuring we are compliant with our licensing and regulatory requirements by preparing and implementing appropriate internal procedures, measures and controls.
As the Head of Regulatory Compliance & Licensing, China, you will be a valuable member of the global legal and compliance team. You will be given the opportunity to support a rapidly growing business and the management team to navigate an increasingly complex regulatory landscape. This dynamic role is ideal for someone who enjoys wearing multiple hats and solving complex issues and blockers for our clients, is detail oriented, willing to take on challenges and changes, obsessively curious and intellectually honest, thrives on taking actions and delivering impactful results, and aims to inspire and be inspired.
Responsibilities:
Be the chief compliance officer for our licensed non-bank payment institution in mainland China and responsible for handling all regulatory compliance & risk control issues relating to our business in mainland China.Develop and implement a comprehensive compliance strategy and monitor, report and influence trends and developments of regulatory issues in mainland China. Work closely with cross-functional teams to ensure compliance considerations are integrated into business decisions and processes, e.g. work closely with the Product Legal and Financial Crime Compliance teams to ensure compliance with all applicable laws and regulations in mainland China. Develop, review and update manuals, policies and procedures to ensure compliance with laws and regulations in mainland China.Support Product, Strategy and Management teams on product initiatives and/or expansion of regulatory licenses to cover more offerings and capabilities in mainland China.Manage payment license and other PRC regulatory filings and reports, work closely with the Public Affairs team in communications with regulators and industry associations and support related government relations outreach.Be responsible for liaising with senior stakeholders of the Airwallex group, located around the world.Manage external counsel and consultants on regulatory matters.You
Lean in – you are proactive with business partners to identify the important issues and know how to prioritize to keep pace with a fast-moving businessPossess strong legal instincts – you possess strong analytical and drafting skills developed from tackling a variety of projects at past roles and are a quick learner who enjoys new challengesAre a natural process improver - you have a well-honed ability to identify inefficiencies and uplift processes accordinglyAre a strong communicator - you can synthesize and communicate recommendations to stakeholders and senior management in a concise yet thorough wayAre a team player – you build rapport to become a vital part of a small, fast-paced team and work collaboratively with people at all levels and across functions and culturesAre a doer – you are self-motivated, thoughtful and passionate about effecting change within the organization and hold yourself accountable for delivering key outcomes
You have/are:
10+ years of post-qualification experience5+ years of robust experiences in regulatory compliance with payment and foreign exchange control laws and regulations or in related fields. Sound knowledge of the payment service and foreign exchange control regulatory frameworks and licensing requirements set by PBOC and SAFE.Strong stakeholder management skills and ability to deal with a wide range of internal and external stakeholdersAbility to operate strategically and think creatively to solve complex regulatory compliance challenges.Proactive, results-driven, and take ownership for your work.Ability to multi-task and a team player with strong communication skillsFluent in English and Chinese, strong ability to draft documents in both languagesBachelor's degree in law, business, finance, or a related field. A law degree is strongly preferred.Candidates without law degrees must demonstrate strong abilities to analyze, draft and review legal and regulatory documents.
Last updated: 9 hours ago
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