Section Head, Compliance Review (AML)

Bank of Communications Co., Ltd. Hong Kong Branch

Lead and supervise a team to conduct compliance reviews, self-assessments, and ad-hoc projects per compliance plan and regulatory requirements.
Conduct risk assessments and develop annual compliance review plan to identify and mitigate risks per internal policies and regulatory standards.
Ensure compliance reviews are conducted effectively and meeting the deadlines, and provide practical recommendations to address compliance review findings for internal stakeholders.
Assess, review, and report material deficiencies to senior management with recommendations for remediation and system enhancements.
Act as primary liaison for AML/CFT matters with regulatory authorities, Head Office, and auditors.
Coordinate AML/CFT reviews conducted by the regulatory authorities, Head Office, external & internal auditors, and follow up on remediation plans.
Prepare management responses and remediation plans to address regulator examination findings, ensuring full compliance.
Review internal risk and governance framework on a regular basis to ensure alignment on regulatory requirements and business operations.
Bachelor’s degree in Law, Accounting, Finance, Business Administration, or equivalent.
Minimum 10 years of FCC/AML compliance, business operational review, audit experience in banking/financial institutions.
Strong knowledge of HKMA, SFC, IA regulations, AML guidelines, KYC, and compliance review processes.
Familiar with banking operations, systems, products, and services.
Proficient in written and spoken English, Chinese, and Mandarin.
CAMLP or AAMLP certification highly recommended.
ECF achievement is a strong advantage.