Bank of China (Hong Kong)

(Senior) AML Manager (Policy & Due Diligence)

Bank of China (Hong Kong)  •  Hong Kong, HK (Onsite)  •  8 days ago
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Job Description

Responsibilities:

  • Formulate and update AML/CTF policies and procedures in light of the latest regulatory requirements and market practices
  • Provide advice to frontline and other relevant units on AML related matters
  • Perform institutional ML/TF risk assessment periodically for the Bank Group
  • Coordinate and manage the institutional money laundering risk assessments conducted regularly by all Group units, major subsidiaries, and overseas branches/subsidiaries
  • Establish and review risk assessment models in terms of customer risk, product risk, channel risk and country risk
  • Review Enhanced Due Diligence (EDD) cases and relevant KYC documents submitted by business
  • Undertake risk assessment on the Bank’s new product offering/business and ongoing review on the Bank’s existing products and business from AML/CTF perspective
  • Develop and implement effective AML control measures, structures and systems, respond to regulatory authorities, internal and external auditors’ findings and recommendations by formulating and implementing enhancement and rectification measures, and report to the management in a timely manner
  • Coordinate and manage assigned AML/CTF projects (e.g. system/workflow enhancements, Regtech/artificial intelligence projects)
  • Formulate annual AML/CFT training plan and deliver AML/CTF trainings
  • Participate in internal management reporting and external regulatory communication regarding AML/CTF matters
  • Perform ad-hoc tasks as assigned from time to time

Requirements:

  • Degree or above in Law, Risk Management, Business Administration, Information Technology, Data Science or related disciplines, preferably with relevant qualification (e,g. CAMS, AAMLP, CAMLP, FRM, CPA, ACCA, etc.)
  • Preferably with understanding and working experience in artificial intelligence, machine learning and related fields.
  • Experience in Regional /SEA AML management is preferred.
  • Experience in AML, audit, banking operations, internal control in Banks / financial sectors:
    - AML Manager: 5 years or above
    - Senior AML Manager: 8 years or above
  • Excellent interpersonal and communication skills
  • Independent and with good analytical skills
  • Good command of both written and spoken English and Chinese. Proficient in Mandarin is preferred
  • Good at using MS Office including MS Word, and Excel
  • Able to meet tight deadlines and work under pressure

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Bank of China (Hong Kong)

About Bank of China (Hong Kong)

Bank of China (Hong Kong) Limited (“BOCHK”) is a leading commercial banking group in Hong Kong with strong market positions in all major businesses. We have the most extensive local branch network and diverse service platforms in Hong Kong, including more than 190 branches, 280 automated banking centres, efficient e-channels of over 1,000 self-service machines, as well as Internet and Mobile Banking services. We offer a comprehensive range of financial, investment and wealth management services to personal, corporate and institutional customers. To implement the overseas development strategy of BOC Group, we strive to drive our regional development by expanding our business in the Southeast Asian region. Our branches and subsidiaries have been extended to Southeast Asian countries such as Thailand, Malaysia, Vietnam, the Philippines, Indonesia, Cambodia, Laos and Brunei, with the provision of professional and high-quality financial services to local customers. We will also expedite our development into a top-class, full- service and internationalised regional bank.

BOCHK is one of the three note-issuing banks and the sole clearing bank for Renminbi (“RMB”) business in Hong Kong. With our strong RMB franchise, we are the first choice of customers in this business.Through the deep collaboration with our parent bank, BOC, we provide a full range of high-quality crossborder services to multinationals, cross-border customers, mainland enterprises going global, central banks and super-sovereign organisations.

BOC Hong Kong (Holdings) Limited, BOCHK’s holding company, is one of the largest listed companies on the main board of the Stock Exchange of Hong Kong, with stock code “2388” and ADR OTC Symbol “BHKLY”.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
, HK
Year Founded
Unknown
Website
bochk.com
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