Compliance Officer - commercial banking

On behalf of an international commercial bank, we are seeking a compliance officer with 2-5 years’ experience with AML / Financial Crimes / Sanctions. Base salary circa HKD 40,000 per month + bonus and benefits. Role: Review Sanctions referrals on clients’ payments & trade transactions and provide decisions in line with internal and external policies. Review and mitigate Sanctions risk associated with the bank’s correspondent banking and trade finance business. Conduct AML reviews of customer ac

Madison Pearl - Hong Kong - Full time

Salary: HK$35k - HK$45k

On behalf of an international commercial bank, we are seeking a compliance officer with 2-5 years experience with AML / Financial Crimes / Sanctions.

Base salary circa HKD 40,000 per month + bonus and benefits.

Role:

  • Review Sanctions referrals on clients payments & trade transactions and provide decisions in line with internal and external policies.
  • Review and mitigate Sanctions risk associated with the banks correspondent banking and trade finance business.
  • Conduct AML reviews of customer accounts based on AML Alerts and analytical reports.
  • Assist the Head of Compliance & MLRO with conducting money laundering related investigations and draft Suspicious Activity Reports.
  • Ensure that clients adhere to KYC requirements related to KYC and apply Enhanced Due Diligence (EDD) if required.
  • Provide AML/KYC support to RMs and other internal stakeholders.

Requirements:

  • 2-5 years banking / AML / financial crime / sanctions experience. Experience from a commercial banking / trade finance background would be well regarded.
  • Good understanding of local financial crimes (including AML/CFT) legislation, HK financial regulatory requirements and international best practices in compliance.
  • Understanding of International Sanctions.
  • Undergraduate degree in finance, business or similar.
  • Excellent knowledge of MS Excel reports and other relevant banking systems.
  • Fluent English, oral and written.
  • Qualification(s) in ACAMS or HKIB ECF (AML/CFT) preferred.
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