Assistant Vice President, AML Advisory & Training

Shanghai Commercial Bank Ltd

The successful candidate will report to and assist the Head of AML Advisory & Training to perform and ensure the quality of AML advisory & training function.

Responsibilities:

Provide advisory services on AML / CFT matters to internal stakeholders
Assist the development, implementation, review and enhancement of the AML / CFT framework including policies, guidelines, procedures and systems to ensure its up-to-date, effectiveness and efficiency with regulatory requirements
Provide timely AML / CFT-related regulatory updates and manage preparation of corresponding gap and impact analyses to internal stakeholders
Approve new customer onboarding/ correspondent banking relationship establishment and periodic / trigger event account reviews for high ML / TF risk relationships
Participate in working groups of new products / services to advise on any necessary establishment or enhancement of AML / CFT controls
Lead or coordinate with internal stakeholders on AML / CFT control enhancement projects
Ensure adequate support as user role to system development, implementation, review and enhancement of AML / CFT-related workflows, as well as bank-wide projects involving AML / CFT controls including account opening, periodic / trigger event review and customer risk assessment etc.
Manage timely and accurate management reporting information for senior management as well as relevant board-level / managerial committees
Design and deliver AML/CFT training to all staff
Liaise and co-ordinate with internal audit and compliance review functions for audits, reviews and corresponding follow-up action
Maintain effective working relationships with internal stakeholders
Handle any ad-hoc tasks as assigned

Requirements:

Degree holder in Business Administration, Risk Management, Law or related disciplines
Holder of ACAMS, ECF on AML / CFT certification or equivalent
Minimum 7 years of financial crime compliance experience
Strong understanding of AML / CFT controls, procedures and regulations
Good knowledge of retail and corporate banking operations
Responsible and detailed-mind with excellent problem solving, analytical, writing and communication skills
Fluent in English, Cantonese and Mandarin