Assistant Vice President, AML Advisory & Training

The successful candidate will report to and assist the Head of AML Advisory & Training to perform and ensure the quality of AML advisory & training function.

Responsibilities:

• Provide advisory services on AML / CFT matters to internal stakeholders

• Assist the development, implementation, review and enhancement of the AML / CFT framework including policies, guidelines, procedures and systems to ensure its up-to-date, effectiveness and efficiency with regulatory requirements

• Provide timely AML / CFT-related regulatory updates and manage preparation of corresponding gap and impact analyses to internal stakeholders

• Approve new customer onboarding/ correspondent banking relationship establishment and periodic / trigger event account reviews for high ML / TF risk relationships

• Participate in working groups of new products / services to advise on any necessary establishment or enhancement of AML / CFT controls

• Lead or coordinate with internal stakeholders on AML / CFT control enhancement projects

• Ensure adequate support as user role to system development, implementation, review and enhancement of AML / CFT-related workflows, as well as bank-wide projects involving AML / CFT controls including account opening, periodic / trigger event review and customer risk assessment etc.

• Manage timely and accurate management reporting information for senior management as well as relevant board-level / managerial committees

• Design and deliver AML/CFT training to all staff

• Liaise and co-ordinate with internal audit and compliance review functions for audits, reviews and corresponding follow-up action  

• Maintain effective working relationships with internal stakeholders

• Assist in issuing sanctions advice including but not limited to sanctions related customer due diligence/ KYC review and deal due diligence

• Be privy to the latest sanctions regulatory expectations and market best practice for the purpose of helping our Bank to perfect internal control measures through policy/ procedure review

• Handle any ad-hoc tasks as assigned

Requirements:

• Degree holder in Business Administration, Risk Management, Law or related disciplines

• Holder of ACAMS, ECF on AML / CFT certification or equivalent

• Minimum 7 years of financial crime compliance experience

• Strong understanding of AML / CFT controls, procedures and regulations

• Good knowledge of retail and corporate banking operations

• Responsible and detailed-mind with excellent problem solving, analytical, writing and communication skills

• Fluent in English, Cantonese and Mandarin