AML Manager (Policy & Due Diligence)

Responsibilities:

Formulate and update AML/CTF policies and procedures in light of the latest regulatory requirements and market practices

Provide advice to frontline and other relevant units on AML related matters

Perform institutional ML/TF risk assessment periodically for the Bank Group

Coordinate and manage the institutional money laundering risk assessments conducted regularly by all Group units, major subsidiaries, and overseas branches/subsidiaries

Establish and review risk assessment models in terms of customer risk, product risk, channel risk and country risk

Review Enhanced Due Diligence (EDD) cases and relevant KYC documents submitted by business

Undertake risk assessment on the Bank’s new product offering/business and ongoing review on the Bank’s existing products and business from AML/CTF perspective

Develop and implement effective AML control measures, structures and systems, respond to regulatory authorities, internal and external auditors’ findings and recommendations by formulating and implementing enhancement and rectification measures, and report to the management in a timely manner

Coordinate and manage assigned AML/CTF projects (e.g. system/workflow enhancements, Regtech/artificial intelligence projects)

Formulate annual AML/CFT training plan and deliver AML/CTF trainings

Participate in internal management reporting and external regulatory communication regarding AML/CTF matters

Perform ad-hoc tasks as assigned from time to time

Requirements:

Degree or above in Law, Risk Management, Business Administration, Information Technology, Data Science or related disciplines, preferably with relevant qualification (e,g. CAMS, AAMLP, CAMLP, FRM, CPA, ACCA, etc.)

Preferably with understanding and working experience in artificial intelligence, machine learning and related fields.

Experience in Regional /SEA AML management is preferred.

5 years or above experience in AML, audit, banking operations, internal control in Banks / financial sectors:

Excellent interpersonal and communication skills

Independent and with good analytical skills

Good command of both written and spoken English and Chinese. Proficient in Mandarin is preferred

Good at using MS Office including MS Word, and Excel

Able to meet tight deadlines and work under pressure

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