Job Description

Responsibilities

Reporting to the Team Lead of AML Compliance under AML Compliance and Assurance, Risk & Control Team, COO Office of Institutional Banking Group, to ensure Corporate Banking (IBG) staff are in full compliance with internal AML risk and compliance policies / standards, external regulations and industry’s best practices.

• As an AML Champion, answering enquiries from IBG colleagues, or assisting frontline on AML/CFT related enquiries
• Providing country feedbacks to the revisions to local and Group AML/CFT CDD standards and AML/CFT systems
• Updating the AML procedures and guidelines within IBG, enhancement of KYC System concerning governance & controls matters
• Assisting in formulating internal workflow and recommendations for improvement with the relevant stakeholders related to AML/CFT updated policies and/or risk controls
• Reviewing, analyzing and communicating AML/CFT management information, and Reporting results of AML/CFT risk management reviews and identifying key areas of improvement
• Liaising with FCSS and Compliance with KYC process and AML monitoring
• Monitoring remedial actions for the identified deficiency in AML/CFT and risk controls that require remediation actions
• Evaluating and communicating new laws and regulations and staying abreast of the AML/CFT regulations, development, and industry practice, at both local and international levels
• Measuring and monitoring key risk indicators and issues to continuously improve AML control standards of IBG, and to report analysis and/or insight into the trend
• Preparing and facilitating risk & control self-assessment (“RCSA”) and ensuring there are appropriate rectifications and follow up actions

Requirements

• University degree in Law, Banking, Finance or business related
• Minimum 8 years’ relevant experience in banking industry, preferably AML/CDD/KYC related experience
• Sound knowledge of regulatory / statutory policies and industry best practices. Professional qualification (e.g. ACAMS) is an advantage
• Excellent analytical and problem-solving skills
• Excellent organizational and time management skills
• Strong communication and interpersonal skills
• Proven track record in frontline and risk and governance roles
• Proficiency in the use of data analytics and AI application

Location:

One Island East

Job:

Compliance

Schedule:

Regular

Employee Status:

Full time