Responsible Officer (SFC Type 1 & 7 for Crypto Trading Firm Setup)

Mclaren Consultancy Limited

Central, Hong Kong
Permanent
Full-time

9 days ago

Company OverviewWe are a dynamic startup in the fintech space, focused on establishing a compliant virtual asset trading platform (VATP) in Hong Kong. Our mission is to provide secure, innovative crypto trading services to institutional and retail clients while adhering to the highest regulatory standards set by the Securities and Futures Commission (SFC). We are seeking an experienced Responsible Officer (RO) to lead the regulatory setup and ensure full compliance during our launch phase.Position SummaryAs a Responsible Officer licensed under SFC Type 1 (Dealing in Securities) and Type 7 (Providing Automated Trading Services), you will play a pivotal role in setting up our crypto trading company. This includes navigating SFC licensing requirements for VATPs, establishing compliance frameworks, and overseeing initial operations. This is a full-time position based in Hong Kong, reporting directly to the CEO. The ideal candidate will have deep expertise in Hong Kong’s financial regulations, particularly for virtual assets, and a proven track record in licensing applications.Key Responsibilities

Lead the SFC licensing application process for the company, including preparing and submitting documentation for Type 1 and Type 7 regulated activities, as well as VATP-specific requirements under the Anti-Money Laundering Ordinance (AMLO) and Securities and Futures Ordinance (SFO).

Assist in structuring the business to comply with SFC guidelines, such as risk management, AML/CFT policies, client asset protection, and platform security standards for crypto exchanges.

Develop and implement internal compliance manuals, business plans, and operational procedures to meet SFC standards for virtual asset trading platforms.

Supervise the setup of automated trading systems and securities dealing activities, ensuring at least one RO is available at all times to oversee regulated activities.

Collaborate with legal, tech, and operations teams to integrate regulatory requirements into platform development, including token listing criteria and investor protection measures.

Conduct ongoing compliance monitoring, audits, and training for staff on SFC rules, with a focus on virtual asset-specific risks like market manipulation and cybersecurity.

Liaise with the SFC and external advisors during the application and transitional periods, aiming for full operational launch by mid-2026.

Contribute to fundraising and partnership efforts by demonstrating regulatory readiness to investors and stakeholders.

Requirements

Must hold valid SFC approval as a Responsible Officer for Type 1 (Dealing in Securities) and Type 7 (Providing Automated Trading Services) regulated activities.

At least 3 years of relevant industry experience in financial services, with a minimum of 2 years in a supervisory or management role; prior experience in crypto or virtual asset platforms is highly preferred.

Bachelor’s degree or higher in Finance, Law, Business, or a related field; professional qualifications such as CFA, HKSI licensing exams, or equivalent are advantageous.

Strong knowledge of Hong Kong’s SFC regulations for VATPs, including dual licensing under SFO and AMLO, and experience with crypto-specific compliance (e.g., token classification as securities, AML/CTF for virtual assets).

Proven track record in SFC license applications, including preparing business plans, compliance manuals, and financial projections.

Excellent understanding of automated trading systems, securities dealing, and risk management in a fintech/crypto environment.

Fluency in English and Cantonese/Mandarin; strong communication skills for regulatory interactions.

High integrity, with no prior regulatory sanctions; must pass SFC fit-and-proper tests.

Willingness to commit as one of at least two ROs required for each regulated activity during the setup phase.

Preferred Qualifications

Experience in setting up or operating SFC-licensed crypto exchanges or VATPs in Hong Kong.

Familiarity with international crypto regulations (e.g., FATF standards) and blockchain technology.

Ability to work in a fast-paced startup environment with a hands-on approach.

What We Offer

Competitive salary and equity package commensurate with experience.

Opportunity to shape a cutting-edge crypto trading firm from the ground up.

Comprehensive benefits including health insurance, flexible working arrangements, and professional development support.

A collaborative team environment in Hong Kong’s vibrant fintech hub.

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