AML Manager (PWM), Chinese Bank

Your new role

• Assist in ensuring that wealth management and private banking businesses comply with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations set by the Hong Kong Monetary Authority (HKMA), and be responsible for related internal control matters within the department;
• Review customer due diligence (CDD)/account opening files submitted by relationship managers (wealth management and private banking clients) to ensure compliance with Know Your Customer (KYC), AML, and CTF requirements;
• Provide advice and suggestions on CDD-related questions raised by relationship managers;
• Handle suspicious transaction monitoring investigations and alerts, and prepare suspicious transaction reports in accordance with regulatory requirements;
• Manage alerts and cases generated by name screening and transaction screening systems;
• Execute compliance monitoring related to AML;
• Review clients' risk assessments and determine client risk ratings based on the latest Anti-Money Laundering Ordinance (AMLO), HKMA, Monetary Authority of Singapore (MAS) requirements, and internal procedures;
• Follow up on AML-related control measures and report special situations when appropriate;
• Maintain and implement departmental internal control standards in accordance with internal and external regulatory requirements;
• Update or re-examine department-related policies (management rules/operating procedures) and communicate with relevant departments as necessary;
• Complete other tasks assigned by supervisors.

What you'll need to succeed

• Bachelor's degree or above in Law, Auditing, Finance, or Fintech-related fields;
• Require 5-8 years of experience in AML or related work. AML experience in private banking client due diligence compliance review is preferred.
• Experience in commercial banking AML client due diligence and identification of suspicious transaction cases;
• Good understanding of compliance risk management, supervision and control frameworks, control concept design, and operational effectiveness;
• Strong logical thinking, communication, organisation, writing, and learning abilities;
• Strong data analysis and computer operation skills;
• Possess a strong sense of responsibility and team spirit, and capable of handling high work pressure.

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. ([email protected])

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.