AML Specialist, International Private Bank

Your new company
Our client is a prestigious international private bank with a strong presence across Asia. As part of its continued growth, the bank is seeking an experienced AML Specialist to join its Compliance team. This role will be responsible for conducting KYC/CDD reviews and supporting a broad range of AML and financial crime compliance activities across the private banking business. This is an excellent opportunity for AML professionals looking to further their career within a high-calibre private banking environment.

Your new role

• Perform end-to-end Know Your Customer (KYC) and Customer Due Diligence (CDD) reviews for high-net-worth individual (HNWI), ultra-high-net-worth individual (UHNWI), trust, and corporate private banking clients.
• Handle account opening and periodic review cases, ensuring compliance with internal policies and regulatory requirements.
• Conduct Enhanced Due Diligence (EDD) reviews for higher-risk clients, including Politically Exposed Persons (PEPs) and high-risk jurisdictions.
• Review client documentation, source of wealth (SOW), source of funds (SOF), and ownership structures.
• Assess AML risks and escalate potential concerns to Compliance management where appropriate.
• Support transaction monitoring investigations and suspicious activity reviews.
• Collaborate closely with Front Office Relationship Managers, Onboarding teams, Legal, and Compliance stakeholders.
• Assist in regulatory reviews, audits, AML projects, and policy implementation initiatives.
• Stay abreast of AML regulations, sanction requirements, and financial crime trends affecting the private banking sector

What you need to do now

• Bachelor's degree in Finance, Business, Law, Risk Management, or a related discipline.
• Require 4-6+ years of AML experience gained in banking, experience in covering private banking is a must.
• Strong knowledge of AML regulations, FATF recommendations, HKMA requirements, sanctions screening, and financial crime compliance.
• Experience handling HNWI/UHNWI client onboarding and periodic reviews.
• Familiarity with complex client structures, trusts, family offices, and offshore entities is highly preferred.
• Strong analytical and investigative skills with attention to detail.
• Excellent communication and stakeholder management abilities.
• Professional certifications such as CAMS, ICA, or ACFCS would be an advantage.
• Fluent English is a must.

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

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