AML Investigations Head

Job Responsibilities

To supervise the AML Investigations Section in department so as to ensure the team can carry out its functions in department.

Key responsibilities

• Reporting to the Deputy Head of Financial Crime Compliance (“FCC”) Department, this role will be responsible for overseeing the AML/CFT activities, transaction monitoring, STR filing related policy setting, advisory and operations of the Bank to ensure efficient and effective delivery of FCC activities and ensure compliance with relevant regulatory requirements.
• Manage a team to oversee the following compliance activities in the operational aspect within the Bank:
• Lead investigations of suspicious transactions or incidents relevant to AML/CFT and report to the JFIU or the relevant enforcement authorities in a timely manner and ensure proper documentation is maintained. Implement criteria for the analysis of suspicious activity surveillance, the reporting and escalation of results. Where applicable, there would be a need to liaise with any external parties in relation to any outsourced investigations or remediation activities.
• Assist other investigations conducted by other teams as required, ensuring that the company interests are protected and are in adherence with relevant statutory, regulatory and business regulations.
• Liaise with / answer enquiries from supervisory and law enforcement authorities.
• Develop and deliver high quality reporting of compliance risks into the relevant committees and to other stakeholders across the group, as necessary.
• Assist the Head of FCC to prepare and present management information to the senior management at the relevant committees or Board meeting.

Job Requirement

• Minimum of 12 years of professional working experience in financial services with at least 7 years’ experience in AML/CFT.
• Experience advising or working in an in-house compliance function with an expertise or a focus on delivering a robust FCC program in compliance operation teams.
• Experience in Due Diligence, Money Laundering Investigation is essential.
• Exceptional knowledge the regulatory requirements in Hong Kong and China.
• Experience working in a large commercial bank would be an advantage, but not essential. Proven track record of excellent communication and business partnership skills with senior and executive management.
• Experience working with regulatory or law enforcement authorities would be an advantage but not essential.
• Qualifications in law, accounting, commerce/business or related disciplines; recognised professional qualifications incl. CAMS/CAMLP, CFE or equivalent qualifications preferred.
• Fluent written and spoken Cantonese, Mandarin and English language skills preferred.