AVP - AML/CFT Compliance

Our client, a reputable global bank with a strong international presence, is seeking an experienced Assistant Vice President to join its Hong Kong Compliance Department, focusing on Anti-Money Laundering (AML), Counter-Financing of Terrorism (CFT), and Sanctions compliance. This is an excellent opportunity for an AML specialist looking to take on a broader regional/regulatory role within a stable and well-established financial institution.

Key Responsibilities

• Support Compliance Management in overseeing internal control measures in accordance with AML/CFT/Sanctions policies and procedures.
• Assist in developing and reviewing AML/CFT systems to ensure alignment with up-to-date regulatory and statutory requirements.
• Monitor the effectiveness of AML/CFT/Sanctions systems and recommend enhancements where necessary.
• Provide day-to-day AML/CFT/Sanctions compliance advice to business teams and key control functions, including high‑risk customer reviews, enquiries handling, CDD requirements, PEP/adverse news assessments, and risk assessments.
• Maintain and update AML/CFT/Sanctions policies and procedures in line with head office/regional guidelines and local regulatory requirements.
• Assist in transaction monitoring, investigations, and preparation of suspicious transaction reports (STRs) or other compliance filings.
• Support the preparation of Institutional Risk Assessments and conduct testing and monitoring related to AML/CFT/Sanctions controls and systems.
• Handle AML/CFT/Sanctions-related regulatory reporting and submissions.
• Review internal disclosures and exceptions to determine whether escalation to authorities is required.
• Prepare reports, conduct independent reviews, gap analyses, and risk assessments as required by regional or local office.
• Deliver AML/CFT/Sanctions training to staff and promote strong compliance awareness across the organization.
• Oversee the implementation and remediation of Know-Your-Customer (KYC) and Customer Due Diligence (CDD) programs
• Perform ad hoc tasks, projects, and initiatives as assigned by Compliance Management or Branch Management.

Requirements

• Degree holder in Law, Accounting, Audit, Banking, or related fields; AML/Sanctions professional certifications (e.g., AAMLCP, CAMLP, CAMS) are highly preferred.
• Strong understanding of AML/CFT/Sanctions laws, regulatory guidelines, and control measures.
• 5-8 years' relevant experience in AML/CFT/Sanctions compliance, financial crime risk management, or investigations within banks, regulators, or law enforcement agencies.
• Candidates with less experience may be considered for Manager/Senior Officer level.
• Familiarity with banking products and AML/CFT/Sanctions regulations, preferably within commercial or corporate banking.
• Strong analytical, problem‑solving, and interpersonal skills; able to work independently under pressure and tight deadlines.
• Excellent communication skills in English and Chinese.
• Proficient in MS Office; experience with AML monitoring systems and tools is an advantage.