VP, AML Compliance, COO Institutional Banking Group Greater Hong Kong Area

Responsibilities

Reporting to the Team Lead of AML Compliance under AML Compliance and Assurance, Risk & Control Team, COO Office of Institutional Banking Group, to ensure Corporate Banking (IBG) staff are in full compliance with internal AML risk and compliance policies / standards, external regulations and industry’s best practices.

As an AML Champion, answering enquiries from IBG colleagues, or assisting frontline on AML/CFT related enquiries

Providing country feedbacks to the revisions to local and Group AML/CFT CDD standards and AML/CFT systems

Updating the AML procedures and guidelines within IBG, enhancement of KYC System concerning governance & controls matters

Assisting in formulating internal workflow and recommendations for improvement with the relevant stakeholders related to AML/CFT updated policies and/or risk controls

Reviewing, analyzing and communicating AML/CFT management information, and Reporting results of AML/CFT risk management reviews and identifying key areas of improvement

Liaising with FCSS and Compliance with KYC process and AML monitoring

Monitoring remedial actions for the identified deficiency in AML/CFT and risk controls that require remediation actions

Evaluating and communicating new laws and regulations and staying abreast of the AML/CFT regulations, development, and industry practice, at both local and international levels

Measuring and monitoring key risk indicators and issues to continuously improve AML control standards of IBG, and to report analysis and/or insight into the trend

Preparing and facilitating risk & control self-assessment (“RCSA”) and ensuring there are appropriate rectifications and follow up actions

Requirements

University degree in Law, Banking, Finance or business related

Minimum 8 years’ relevant experience in banking industry, preferably AML/CDD/KYC related experience

Sound knowledge of regulatory / statutory policies and industry best practices. Professional qualification (e.g. ACAMS) is an advantage

Excellent analytical and problem-solving skills

Excellent organizational and time management skills

Strong communication and interpersonal skills

Proven track record in frontline and risk and governance roles

Proficiency in the use of data analytics and AI application

Location:

One Island East

Job:

Compliance

Schedule:

Regular

Employee Status:

Full time