Job Responsibilities
- Coordinate the review and enhancement of FCC policies, standards and procedures, ensuring alignment with Hong Kong, Mainland China and relevant regulatory requirements and group-level FCC framework
- Monitor regulatory developments, enforcement actions and industry best practices in AML/CFT, sanctions, AB&C and broader FCC topics, and incorporate into policy and framework updates by way of including but not limited to gap analysis
- Review product ML/TF risk assessments for new and existing products, services, channels and delivery mechanisms, including definition of risk factors, weighting and scoring methodology and control expectations
- Cooperate with business, product owners, and risk functions to ensure robustness of product inherent risk analysis and mitigating controls
- Design, implement and periodically update enterprise-wide financial crime risk assessment methodologies, including customer, product, channel and geographic risk assessments
- Communicate with internal and external stakeholders, including regulators, internal audit, head office and external auditors, in relation to FCC risk assessment and policies topics
- Contribute to the design and delivery of FCC-related training to business and support units, particularly on risk-based AML/CFT and financial crime compliance requirements
Job Requirements
- Minimum of 5-8 years of relevant experience in financial crime compliance, AML advisory, or compliance risk management in a bank or other regulated financial institution
- Exceptional understanding of Hong Kong and, preferably, Mainland China AML/CFT, sanctions, anti-bribery and broader FCC regulatory requirements and guidance
- Solid analytical and problem-solving skills, with the ability to apply a risk-based approach to complex customer and product situations and articulate clear recommendations
- Experience working with regulatory authorities would be an advantage
- Strong stakeholder management and communication skills, able to work with front office, operations, IT, risk, audit and senior management
- Qualifications in law, accounting, commerce/business or related disciplines; recognized professional qualifications incl. CAMS/CAMLP or equivalent qualifications preferred
- Fluent written and spoken Cantonese, Mandarin and English language skills are preferred
To Apply Please submit your resume to hrd@icbcasia.com .