AVP, Transaction Monitoring (AML and Sanction Control Centre)

Responsibilities:

• Lead an investigation team to conduct comprehensive reviews and submit Suspicious Transaction Reports (STRs) to relevant local law enforcement authorities, ensuring compliance with AML/CFT legislative and regulatory requirements.

• Develop, update, and maintain transaction monitoring policies and procedures to align with regulatory standards and the Bank's risk appetite.

• Provide internal training on transaction monitoring and suspicious transaction reporting to enhance team knowledge and compliance.

• Execute ad-hoc tasks as assigned to support the management and department's objectives.

• Analyze suspicious activity and transaction reports to identify AML/CFT risk trends, facilitating informed actions to strengthen AML/CFT controls.

• Serve as the primary liaison between the bank, the Joint Financial Intelligence Unit (JFIU), and/or other law enforcement agencies.

• Prepare and manage reporting to senior management and regulators regarding transaction monitoring and management information related to suspicious transaction reports.

Requirements:

• Bachelor's degree or above in Accounting, Finance, Law, Risk Management or related discipline

• Minimum 8 years' experience in post-transaction monitoring in banking industry / FIs

• ECF-AML Core Level

• Familiar with statutory and regulatory requirements in transaction monitoring and STR matters

• Good communication, interpersonal and leadership skills

• Self-initiative, able to work independently and under pressure

• Good written and communications skills in English, Putonghua and Cantonese