We are assisting a major international bank in search of an expert in AML compliance. This person leads the development, oversight, and continuous enhancement of AML/CFT and sanctions compliance frameworks, providing expert advisory, monitoring, and training to ensure regulatory adherence and mitigate financial crime risks within the organization.
Job Duties & Responsibilities:
- Policy Oversight & Development: Assist compliance management in overseeing control measures per internal policies; review and enhance AML/CFT systems to ensure regulatory compliance.
- Advisory & Risk Assessment: Provide compliance advice on AML/CFT and sanctions matters, including high-risk transactions, alerts, transaction filtering (TF), and transaction monitoring (TM).
- Policy Maintenance: Update AML/CFT/Sanctions policies in line with regional and head office guidelines and legal requirements.
- Monitoring & Reporting: Detect suspicious transactions, prepare suspicious transaction reports (STRs), review internal disclosures, and determine reporting obligations.
- Testing & Controls: Conduct testing and monitoring of AML/CFT/Sanctions systems; manage regulatory reporting and initiatives.
- Training & Awareness: Promote AML/sanctions policies and deliver regular training to staff.
- Sanctions Compliance: Monitor sanctions program implementation and manage remediation of exceptions.
- Ad Hoc Projects: Support compliance management with special projects and initiatives.
Requirements:
- Education & Certification: Degree holder with qualifications in law, audit, banking, or equivalent. Certified AML/Sanctions professional (e.g., CAMS, CAMLP, AAMLCP).
- Experience: 6-10 years in AML/CFT/Sanctions compliance or financial crime investigation. AVP level may be considered for less experienced candidates.
- Knowledge & Skills:
- Strong understanding of AML/CFT/Sanctions laws and banking products.
- Analytical and problem-solving skills.
- Ability to work independently and under pressure.
- Proficiency in English and Chinese.
- Strong PC skills and familiarity with AML systems/tools.
