Financial Compliance Officer

Lazada (Thailand) (Bangkok, Bangkok City, Thailand)

Bangkok, Thailand

Founded in 2012, Lazada Group is the leading eCommerce platform in Southeast Asia. We are accelerating progress in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam through commerce and technology. With the largest logistics and payments networks in the region, Lazada is a part of our consumers’ daily lives in the region and we aim to serve 300 million shoppers by 2030. Since 2016, Lazada is the Southeast Asia flagship platform of the Alibaba Group powered by its cutting-edge technology infrastructure.

About this position

The Alibaba International Digital Commerce (AIDC) Financial Compliance team is responsible for licensed financial services market entry, ensuring compliance with relevant regulatory requirements, maintaining a country compliance program aligned with group compliance frameworks, and advising internal stakeholders on compliance matters. The team covers Lazada in Southeast Asia, AliExpress globally, and Daraz in South Asia.

Responsibilities

• Leading regulatory engagements and ensuring compliance with mandatory reporting requirements with relevant regulators and relevant internal and external stakeholders;
• Advising on payments / financial services regulatory matters, and assisting in the development and implementation of new products, features, and businesses lines;
• Providing timely and quality regulatory advice for negotiations on strategic, complex and high value agreements;
• Developing and implementing Group Compliance initiatives in-country, including – technology risk management, business continuity management, outsourcing, and consumer protection policies in line with local regulatory expectations and requirements;
• Incident management (e.g. responding to regulatory investigations / inspections by authorities / assisting in PR incident responses/ submission of STRs);
• Preparing for, and managing, audits and inspections by relevant regulators;
• Localising and implementing Group-wide financial compliance programs and training for internal stakeholders;
• Being the in-country champion in driving a culture of compliance;
• Other additional duties as assigned.

Requirements

• 8-12 years of Financial Regulatory experience (added advantage if candidate is a qualified Thailand lawyer or has extensive relevant experience at a financial regulator in Thailand);
• Ideal candidate would have a mix of (i) regulatory experience, (ii) prior in-house experience in the payments sector (preferably a licensed e-money / wallet operator in Thailand), and (iii) private practice experience in top-tier law or consulting / advisory firms;
• Knowledge in FinTech lending and insurance will be a plus;
• Extensive experience interacting with regulators, particularly with BOT and OIC;
• Critical thinking and analysis with strong attention to detail;
• Ability to thrive in a fast-paced startup environment where ambiguity and change is the norm;
• Fluent in English.