Assistant Manager, Compliance Assurance (AML & Financial Crime Risk)

Job Purpose:

This role is mainly responsible for the planning, execution, evaluation, reporting and advancement of assurance reviews to demonstrate:  (a) compliance with AML requirements; and (b) all identified and risk management issues are under control and are being dealt within an effective manner.

Main Responsibilities:

• Assist the team head to develop longer-term AML/CFT assurance review plan and design the annual assurance review program for the second line of assurance, monitoring and surveillance function.
• Conduct assurance reviews of various AML related areas in business, operation and control units of the Group including its banking and non-banking subsidiaries.
• Provide support to the first line AML compliance control units (i.e. Business Money Laundering Prevention Officers) at group level to ensure the first line AML-related control activities are properly executed including quality control standards, reporting and remedial actions planned.
• Provide support to the Group Head of AML & Financial Crime Risk in exercising the group oversight function of AML over non-banking subsidiaries.
• Collaborate with relevant parties to perform Institutional Risk Assessment for the Group including its banking and non-banking subsidiaries.
• Perform the duties of Department Operational Risk Officer including submission of operational risk related reports, control self-assessments and other questionnaires as required by internal requirements.
• Provide support during regulatory AML-related examinations, internal/external AML-related audits and special AML-related projects, as necessary.
• Prepare meeting materials for AMLC and/or RMCC.
• Handle ad-hoc tasks assigned by Head of AML Compliance & Assurance or Group Head of AML & Financial Crime Risk.

Incumbent Requirements:

• University degree holder in Business Administration / Accounting / Finance / Law or related discipline.
• 3-5 years’ experience in financial industry with exposure to anti-money laundering compliance/ audit or risk management.
• AAMLP certification preferred, with knowledge and practical experience in anti-money laundering compliance is an added advantage.
• Good command of both written and spoken English and Chinese.
• Strong analytical skills and PC Knowledge.