Executive Director and Responsible Officer (SFC Type 1)

The role

You will lead the launch of a securities business from the Type 1 licence application through ongoing supervision. You will join the board to build a digital investing service and manage compliance of securities operations in accordance with SFC regulations.

What you will do

• Lead the Type 1 application with management, compliance and legal advisers
• Set the operating model and oversee brokerage partnerships
• Directly supervise the Type 1 business and licensed staff
• Establish controls for sales conduct, suitability, AML/CFT, conflicts, complaints and records
• Work with product and engineering teams on digital onboarding, trading journeys and AI features
• Exercise board responsibilities and oversee business risks and resources
• Work with finance and compliance on financial resources requirements and regulatory reporting
• Coordinate coverage with the other RO
• Lead regulatory engagement
• Ensure incidents, control weaknesses and audit findings are addressed

Required qualifications

• Meet SFC RO competence requirements, normally including three years of relevant industry experience in the past six years and two years of management experience, subject to the applicable eligibility
• Hold relevant academic or professional qualifications
• Meet applicable Type 1 examination, training or exemption requirements
• Bring hands-on securities leadership experience
• Sound regulatory judgement
• Ability to take an executive board appointment with real supervisory accountability
• Meet SFC fit-and-proper requirements
• Be able to supervise the proposed business independently
• All licence conditions and external appointments must be disclosed
• Be based in Hong Kong
• Communicate clearly in English

Nice to have

• Current or recent Type 1 RO experience
• Candidates demonstrably eligible for SFC approval
• Cantonese and Mandarin are advantageous
• Experience launching a licensed business
• Managing SFC applications or inspections
• Working with digital brokerage platforms or introducing models

Before you apply

• Please include your CV, SFC CE number if applicable, current licence conditions and availability
• RO appointment and regulated operations are subject to SFC approval

About the company

Doit is focused on reinventing how people spend, save, invest, exchange, and travel. They aim to build tools that help people get more from their money using AI.