Assistant Vice President– MLRO, STR Investigation & Reporting

Responsibilities:

• Act as Money Laundering Report Officer of the Bank and main contact point with local and international law enforcement agencies 
• Establish, review and enhance suspicious transaction reporting, transaction monitoring, screening and sanctions framework including policies and procedures, systems and workflows for ensuring their compliance with regulatory requirements as well as effectiveness and efficiency 
• Review and approve assessments on internal disclosures, alerts or hits triggered by transaction monitoring and screening systems, and make necessary disclosure to respective regulators and/or law enforcement agencies 
• Provide guidance and advice to internal stakeholders to ensure clear understanding of any suspicious activity indicators with respect to customers, transactions, products and services, as well as the tipping off requirement 
• Ensure adequate support as user role to the development, implementation, enhancement, review, tuning and validation of AML/CFT-related transaction monitoring and screening systems
• Assist the Department in engaging departmental and bank-wide projects in relation to AML and maintain effective work relationships with internal stakeholders for ensuring smooth and effective management of the function 
• Design and deliver training to all staff in relation to suspicious transaction reporting, transaction monitoring, screening and sanctions 
• Manage timely and accurate management reporting information for senior management as well as relevant board-level/ managerial committees 
• Handle ad-hoc projects or tasks as assigned 

Requirements:

• Degree holder in Business Administration Risk Management, Law or related disciplines 
• Minimum 8 years of financial crime compliance experience 
• Strong understanding of AML/CFT controls, procedures and regulations 
• Responsible and detail-minded with excellent problem solving, analytical, writing and communication skills 
• Fluent in English, Cantonese and Mandarin
• Holder of ACAMS, ECF on AML/CFT certification or equivalent