Hong Kong Investment Lead Responsible Officer

Wise

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profile Job Location:

Hong Kong - Hong Kong

profile Monthly Salary: Not Disclosed
Posted on: 3 hours ago
Vacancies: 1 Vacancy

Job Summary

Were looking for an Assets Expansion Lead to join our APAC Assets team. You will be the right hand to the APAC Investment Lead helping to accelerate our expansion plans across Asia Pacific (e.g. HK SK CN TH PH etc).

Your immediate priority and primary mission will be to launch Wise Assets in Hong Kong. You will serve as the Responsible Officer (RO) for Wise Assets Hong Kong Limited securing our license and leading the local operations. Once established you will broaden your scope to assist the APAC Investment Lead in opening and managing new markets across the region.

Youll work closely with the Assets Product teaman autonomous team of Product Managers Designers Engineers and Compliance specialiststo shape the product vision and change the future of finance.

Your Mission:

1. Launch Wise Assets in Hong Kong

  • Act as the Responsible Officer (RO) for Wise Assets Hong Kong Limited regarding the Securities and Futures Commission (SFC). You will manage the licensing process end-to-end.

  • Lead the operational setup of the HK investment entity ensuring alignment with Wises global standards and local SFC requirements.

  • Ensure that the operating model agreed with regulators is efficient and aligns with our product and customer needs.

2. Support APAC Expansion

  • Collaborate with the APAC Investment Lead and wider APAC regional banking and expansion team to scope routes to market for other APAC countries (e.g. Hong Kong South Korea China Thailand Philippines etc) analyzing regulatory requirements and customer needs.

  • Analyse the optimal route to market for the Assets product in these markets taking into account how customer needs differ by market product functionality and regulatory requirements. 

  • Build a good relationship with regulatory authorities to ensure a smooth licensing process and success once the licence is granted 

  • Ensure that the operating model agreed with regulators is efficient and aligns with our product and customers needs. 

  • Source and / or hire any personnel that may be required to obtain the licence such as a local compliance officer or financial controller  

  • Liaise closely with teams across Wise such as Product Engineering Operations Finance and Compliance to ensure that we have the necessary resources and processes in place to successfully sustain operations 

3. Build Strong Commercial Relationships

  • Identify new commercial relationships with investment managers banks and payments partners to optimise the product experience for customers in terms of price coverage and available asset classes 

  • Onboard new partners and negotiate contracts taking into account commercial priorities as well as risks 

  • Manage our existing commercial relationships to ensure that they are delivering the best outcomes for our customers in terms of price and coverage

4. Identify New Strategic Opportunities

  • Shape the product vision and roadmap alongside the Product Manager thinking about our customer needs blockers and opportunities  

  • Work closely with the Product Manager and the wider team to prioritise opportunities taking into consideration the product roadmap resource and product build requirements 

  • Identify and size new product ideas to test build and launch.


Qualifications :

  • You are either a current SFC Type 1 4 or 9 Responsible Officer OR you meet the strict criteria to become one immediately:

    • You possess at least 3 years of relevant industry experience in the 6 years immediately preceding this application with at least 2 years of management experience.

    • You hold a relevant degree (Finance Law Economics) or a recognized industry qualification (e.g. CFA).

    • You have passed the relevant HKSI Licensing Examinations papers (minimum: LE Paper 1 2; expected: LE Papers 7 8).

  • Experience dealing directly with regulators (SFC) and managing licensing projects.

  • Fluent in Business English (Cantonese/Mandarin is a strong plus for HK stakeholder management).

You may be a good fit if:

  • You have led the end-to-end process for expanding financial services products to new markets including scoping route to market and applying for new licences from local regulators

  • You are familiar with the financial services industry and understand different financial products and how they work as well as their risks and target markets. Specific market knowledge and experience in Asia Pacific would be beneficial. 

  • You have negotiated commercial relationships with a clear product vision and understanding in mind. You are able to figure out the ideal operational and commercial process with new partners

  • You are familiar with how fund managers and financial institutions work. You are strong at managing those relationships and are constantly creating opportunities to improve them

  • You have fresh ideas - You dont accept the status quo but are interested in solving problems in novel ways. You are able to communicate the impact of those ideas gather stakeholder buy-in and formulate plans to implement them

  • You are passionate about our mission and transforming the financial industry for good

  • You have flexibility for some international travel (around 10-20% of time) 


Additional Information :

For everyone everywhere. Were people building money without borders  without judgement or prejudice too. We believe teams are strongest when they are diverse equitable and inclusive.

Were proud to have a truly international team and we celebrate our differences.
Inclusive teams help us live our values and make sure every Wiser feels respected empowered to contribute towards our mission and able to progress in their careers.

If you want to find out more about what its like to work at Wise visit .

Keep up to date with life at Wise by following us on LinkedIn and Instagram.


Remote Work :

No


Employment Type :

Full-time

Were looking for an Assets Expansion Lead to join our APAC Assets team. You will be the right hand to the APAC Investment Lead helping to accelerate our expansion plans across Asia Pacific (e.g. HK SK CN TH PH etc).Your immediate priority and primary mission will be to launch Wise Assets in Hong Kon...
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Wise is a global technology company, building the best way to move money around the world. With the Wise account people and businesses can hold 40+ currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new cro ... View more

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