Assistant AML Manager - Transaction Monitoring (Contract)

Job Description

• Oversee and manage the transaction monitoring system to detect suspicious activities and ensure compliance with Hong Kong Monetary Authority (HKMA) regulations
• Conduct in-depth analysis of flagged transactions, investigate potential money laundering or terrorist financing risks, and escalate cases as needed
• Utilize AML software and tools to monitor and analyze transactional data.
• Assist in reviewing and refining AML policies, procedures, and monitoring rules to enhance effectiveness and efficiency.
• Prepare detailed reports and documentation for internal stakeholders and regulatory audits.
• Stay updated on emerging AML trends, typologies, and regulatory changes in Hong Kong and globally.
• Support training initiatives on transaction monitoring processes and best practices.

Requirements

• Bachelor degree in Finance, Law, Business or related disciplines 
• Minimum of 1-3 years of experience in AML compliance, with a strong focus on transaction monitoring within banking or financial services is preferred  
• Familiarity with HKMA AML/CFT (Countering the Financing of Terrorism) guidelines and international standards (e.g., FATF)
• Professional certifications such as CAMS / AAMLP / CAMLP or equivalent are highly desirable
• Excellent analytical and problem- solving skills with a keen eye for detail
• Strong communication skills in English and Cantonese; Mandarin is an advantage
• Ability to work under pressure and manage multiple priorities in a fast-paced environment