Description

1. Formulate and update the Bank's Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) policies and procedures in alignment with the latest regulatory requirements and market practices.
2. Review and provide feedback on departmental AML/CFT manuals and guidelines to ensure consistency with the Bank's overarching policy and compliance frameworks.
3. Provide advisory support and guidance to management and business units (e.g., corporate, personal, and correspondent banking) on AML/CFT-related queries.
4. Act as the reviewer for Enhanced Due Diligence (EDD) cases involving Politically Exposed Persons (PEPs) and high-risk customers.
5. Address findings and recommendations from regulators, external auditors, and internal audits; implement corrective actions to resolve identified gaps and ensure timely remediation.
6. Design and deliver AML/CFT training programs.
7. Prepare and submit reporting materials for senior management, the Head Office, and regulatory bodies.
8. Handle ad-hoc AML/CFT projects and duties as assigned.

1. Bachelor's degree in Law, Finance, or a related discipline, with at least 5 years of solid AML/CFT experience within the banking industry.
2. Proven track record in advisory or policy-related roles, with deep knowledge of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).
3. Sound knowledge of banking businesses, including Corporate, Personal, and Correspondent Banking.
4. Mandatory professional AML qualification, such as CAMS, CAMLP, or AAMLP.
5. Strong analytical skills with the ability to exercise independent judgment and make sound, risk-based decisions on complex cases.
6. Excellent command of written and spoken English and Chinese (Cantonese and Mandarin).
7. Highly organized with the ability to communicate effectively with stakeholders and regulatory authorities.