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
• Hands-on experience for sanction-case approval is an advantage
• 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 / sanction 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