Business Function: Group Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.
Job Objective: To oversight the Transaction Surveillance Unit, Investigations, Card Authorisation & Fraud Detection, Physical Security function within Financial Crime & Security Services Department. This position will ensure the Bank's reputation is upheld and relevant laws and regulations are complied with by preventing illicit use of the Bank's system for financial crime including money laundering and terrorist financing.
Act as a central reference point for reporting suspicious transactions and also as the main point of contact with the law enforcement agencies. This position will also oversight the review of UAEs, determine whether or not it is necessary to make a report to the JFIU, maintenance of all records related to such internal reviews and provision of guidance on how to avoid tipping off.
Advice Business Units ("BU") and Support Units ("SU") in Hong Kong and Macau on matter relating to anti-money laundering and combating the financing of terrorism (collectively as "AML") in accordance with applicable legal, regulatory and internal requirements.
Responsibilities: Take up the Money Laundering Reporting Officer ("MLRO") role of the Bank as specified in the HKMA AML Regulatory Guideline and lead the transaction surveillance team to:
1. Assist BU and SU to comply with latest legal, regulatory and internal requirements on combating financial crime: - Render prompt and constructive advice to BU and SU on AML matter, especially on transaction surveillance and suspicious transaction reporting ("STR"), card authorization, fraud detection and physical security, as well as on internal fraud investigation - Serious employee misconduct, Bribery, and corruption related investigations, Speak up related matters
- Keep abreast of legal and regulatory development and perform gap analysis where necessary. Act as one of key liaison officers with BU and SU to clarify issue arisen from update on local law, regulation or market practice then facilitate them to implement necessary change internally
- Ensure business intelligence information are properly received, timely incorporated into alert and monitoring / screening system, and notified to BU and SU for required action
2. Ensure all suspicious transaction and relevant fraud cases are handled and actioned on proper and timely manners: - According to established procedure, all UAEs, alerts generated from FAS, Actimize and relevant monitoring tool(s), detection alerts and relevant fraud cases are reviewed and actioned in proper and timely manner. Promptly escalate possible or confirmed aging case
- All STRs are duly reviewed and submitted to law enforcement unit as soon as practicable. Proactively follow up with law enforcement unit on its response and required action
3. Contribute to Group's FCSS project and initiative: - Provide country feedback on any revision or new release of relevant Group's policy, procedure or equivalent, and assist BU, SU and own teams to fully comply with latest requirements
- Participate in ad-hoc FCSS project and initiative
4. Cultivate high AML, Anti-Bribery & Corruption, Gift & Entertainment, Fraud and Physical Security awareness and culture in the organization: - Review NPA and ORT from AML perspective
- Coordinate as required AML and fraud awareness training for Hong Kong and Macau based staffs in accordance with relevant internal standards
5. Respond enquiry and request from regulatory authority, management or internal audit: - Report transaction surveillance, card authorization, relevant fraud detection and physical security matter on regular basis. Timely escalate issue with high priority or posing significant risk
- Involve in preparation for internal or external examination
- Perform analysis and provide management reports to relevant stakeholders
Requirements - Bachelor's degree or above in Law, Finance, Accountancy or related disciplines, or possession of legal or accountancy professional qualifications
- Qualification in case investigation, leadership training, crime detection is preferred
- Minimum 10 years' relevant experience in AML or investigation experience acquired from international bank(s) or Law Enforcement Agency, of which at least 8 years on supervisory role
- Strong background on ML and fraud case investigation
- Strong knowledge on legal and regulatory requirements of AML and compliance
- Strong compliance and risk control concept
- Ability to cope with highly demanding and fast paced banking environment
- Competency to work in a matrix international organization
- Demonstrate sound commercial experience and judgment
- Excellent leadership, interpersonal, communication, and negotiation skills, and with strong stakeholder management skill, ability to network, engage and influence business
Apply Now We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
We regret only shortlisted candidates will be notified.