About the role
Responsibilities
- Act as first line of defense to conduct AML/Financial Crime/ Fraud risk related transaction monitoring and business review to ensure adherence to internal/external requirements, identify possible AML/Financial Crime/ Fraud risks, prepare management report(s) and provide recommendations to mitigate relevant risks
- Review KYC profiles, account opening / review documents
- Conduct AML/Financial Crime/ Fraud risk related periodic and ad hoc monitoring/transaction review
- Work closely with business and second line of defense to implement regulatory and internal requirements on the private banking business
- Conduct regular and ad hoc self-assessment, gap analysis, survey, independent review against various AML related internal and/or regulatory requirements. Recommend follow up action to close the gaps where applicable
- Prepare regular (monthly/quarterly/annually) and ad hoc internal reporting to senior management, second line of defense
- Conduct quality assurance tasks over the relevant procedures
- Investigate unusual client’s activities
- Conduct staff training to promote compliance culture
- Work on regulatory reporting matters, internal / external review or audit including coordinate with other departments, prepare response and carry out the relevant enhancements
- Assist on other ad hoc tasks as assigned
- Lead a team to deliver the above responsibilities
Requirements
- Degree or above
- 6+ years working experience in banking and finance, at least 2 years in relevant private banking AML Compliance.
- Independent, excellent analytical, time management and interpersonal skills, with ability to prioritize tasks
- Proficient in written, spoken English AND Chinese
- Familiar with HKMA/SFC regulatory requirements
- Sound judgement on business practices, and strong compliance reflex.
- Professional Accreditation such as Enhanced Competency Framework (ECF) under the Hong Kong Institute of Bankers (HKIB) would be an advantage.