Assistant Vice President, Customer Risk Monitoring & Control

Shanghai Commercial Bank Ltd

As a core member of the middle office, support Department Head in leading, planning, developing, and directing the implementation of the department’s strategy and framework; assist in ensuring the branches maintain adequate risk and operation policies/guidelines and full compliance with regulatory requirements and internal policies and procedures.

Key Responsibilities:

Assist the Department Head in developing, maintaining, and implementing operation manuals, policies, and guidelines.
Support the monitoring and approval of AML annual review/trigger events for high and medium risk accounts.
Handle circulars from regulatory bodies, review existing procedures, and recommend changes if necessary.
Follow up on audit reviews, communicate findings with relevant branches, revert to product owners for review, and provide timely training and procedure updates.
Maintain good working relationships and sufficient communication with relevant stakeholders, including Legal & Compliance and other related parties, on major issues raised by or with regulators or branch staff.
Respond to enquiries from and act as a liaison with staff members from branches, internal and external auditors, and regulatory bodies, etc. on AML-related matters.
Monitor progress of FATCA and CRS annual reviews.
Provide guidance and oversight to team members, whenever required and handle other duties as assigned by the supervisor

Minimum Requirements:

Degree holder in Business Administration or related discipline; holder of Certified AML Professional (CAMLP) or Associate AML Professional (AAMLP) preferred.
Minimum 10 years of relevant FCC/ CDD and team lead experience in established bank or financial institution
Strong understanding on banking products, services, operations procedures as well as industry and regulatory standards
Knowledgeable with various risk disciplines such as credit and operational risk management
Strong analytical, research, and problem-solving skills with sound interpersonal and leadership skills
IT skills proficiency with strong data analytic skills an advantage.
Good command of spoken and written English and Chinese