Chief Compliance Officer

About the Group Baxian was established with a vision to deliver trusted, long-term solutions for families and businesses navigating wealth management, succession planning, and complex cross-border needs. As part of the Portcullis Group, one of Asia’s leading independent providers of trust, fund, and family office services, Baxian builds on more than 40 years of expertise in serving ultra-high-net-worth families, entrepreneurs, investment managers, and financial advisers. Founded by David Chong, a recognized pioneer in the Asian family office industry, the Group operates licensed businesses across Singapore, Hong Kong, Labuan, Kuala Lumpur, and other key offshore jurisdictions. Together with our sister group, Fusang, we bridge traditional fiduciary services with next-generation financial infrastructure. Fusang is home to Asia’s first fully regulated digital securities exchange, licensed by the Labuan Financial Services Authority (Labuan FSA), and pioneered the world’s first institutional tokenized sukuk. Together, we span the full spectrum of modern finance—from multi-generational wealth planning and fiduciary services to tokenized securities, digital asset custody, and digital banking—empowering clients with trusted solutions that are built for the future. _______________________________________________________________________________ The Opportunity The Chief Compliance Officer (CCO) is a visionary, tech-forward executive responsible for defining, establishing, and executing the group-wide compliance strategy, framework, and risk appetite across all operating entities and jurisdictions—including Malaysia, Singapore, Hong Kong, and other offshore locations (e.g., BVI, Cayman Islands). This role serves as the guardian of regulatory integrity and risk management while leading the transformation to an AI-native, agentic compliance function. The successful candidate will redefine compliance as a modern, agile, and trusted strategic capability that not only safeguards the business but also accelerates growth across exchange, custody, funds, fiduciary, brokerage, and banking services. _______________________________________________________________________________ Key Responsibilities 1. Strategic Leadership & Governance Own and maintain the group-wide compliance strategy, risk appetite, and policy frameworks across all entities and jurisdictions. Serve as the definitive senior compliance voice, providing strategic guidance and reporting on key risks to the Chairman, Vice Chairman, Board(s), Audit & Risk Committee, ExCo, and regulators. Oversee compliance and governance obligations deployed within reasonable cost considerations, ensuring optimal resource allocation. 2. Operational Compliance & Financial Crime (AML/CFT) Run and continuously enhance the group's risk-based AML/CFT/CPF, sanctions/TFS, KYC/CDD, transaction-monitoring, and suspicious-activity-reporting programmes. Maintain records and registers relating to ISTRs and STRs file Group wide. Liaise with and guide local/group Money Laundering Reporting Officer (MLRO)s on cross-border AML/CFT matters and suspicious activity reporting. Review and approve the onboarding of Politically Exposed Persons (PEPs) and other high-risk clients. Conduct ongoing compliance risk assessments for clients and business activities. Assess AML/CFT controls, practices, and outsourcing governance of service providers, counterparties, and third-party vendors. 3. Regulatory, Licensing & Market Conduct Own and deepen strategic relationships with tier-1 regulators, including the MAS, Labuan FSA, Securities Commission Malaysia, HK SFC, BVI FSC, and others. Coordinate all regulatory inspections, audits, filings, returns, and enquiries. Oversee market conduct and surveillance for the exchange, managing conflicts of interest, fair dealing, anti-bribery & corruption (ABC), and new-product clearance. Ensure seamless coordination across specialized compliance segments, including trust/fiduciary frameworks and the Shariah-compliance interface for Islamic products. Oversee the data protection function (DPO / PDPA, PDPO, and equivalents) and partner closely with Technology teams to mitigate cyber and technology risks (e.g., MAS TRM and Labuan equivalents). 4. AI & Compliance Transformation Build and run an AI-native, agentic compliance function across onboarding, transaction monitoring, and regulatory reporting to maximize team leverage and speed. Set the benchmark for modern compliance by moving beyond legacy, manual frameworks and embracing automated, agentic workflows. 5. People, Culture & Jurisdictional Alignment Lead, mentor, develop, and evaluate compliance team members; design the target organizational structure, support recruitment, and drive succession planning. Develop, deliver, and promote group-wide compliance, regulatory awareness, and AML/CFT training programmes. Coordinate with regional teams to ensure every local statutory officer is fully supported, current, and operating to group standards. _______________________________________________________________________________ Job Requirements Experience & Qualifications Minimum of 12 years of relevant experience in Compliance, AML/CFT, Risk Management, or Regulatory Affairs within regulated industries. Direct experience across digital assets/exchanges, capital markets, traditional banking, funds, or trust and fiduciary services. Deep experience handling compliance across multiple jurisdictions, with specific advantage given to familiarity with BVI, Cook Islands, Cayman Islands, or SAMOA. Proven experience in a senior leadership role, with a mandatory background of having acted as a Money Laundering Reporting Officer (MLRO) . Professional qualifications in Compliance (e.g., ICA, ACAMS), Risk Management, Legal, Governance, or related disciplines. Skills & Competencies Deep, practical knowledge of global AML/CFT regulations, compliance frameworks, licensing requirements, and risk-assessment methodologies. A strong tech-native mindset with the ability to champion and implement AI/automation tools within a control environment. Exceptional communication, report-writing, and negotiation skills; comfortable acting as an authoritative yet collaborative advisor to boards, executive committees, and regulators. Proven ability to provide highly practical, risk-based compliance advice directly to business stakeholders to enable growth safely.