Our client is a leading retail bank. Seeking an Assistant Vice President in the AML team. In this critical role, you will be a trusted advisor and subject matter expert, guiding the bank on all aspects of transaction monitoring and suspicious transaction reporting. You will leverage your deep understanding of regulatory requirements and ML/TF risks to ensure the effectiveness of our systems and processes.
...
Job responsibilities:
- Providing expert advice and recommendations on statutory and regulatory requirements related to transaction monitoring and suspicious transaction reporting, actively contributing to the mitigation of identified ML/TF risks.
- Skillfully handling internal disclosures and transaction alerts, managing the reporting process to the JFIU, and ensuring meticulous record maintenance.
- Conducting thorough reviews of the adequacy and effectiveness of our transaction monitoring systems and processes, identifying areas for enhancement and improvement.
- Driving AML/CFT related systems and regtech application enhancement initiatives, contributing to the evolution of our technological capabilities.
- Maintaining and updating comprehensive transaction monitoring procedures and manuals, ensuring clarity and adherence across the organization.
- Generating crucial reports related to the transaction monitoring system and management information concerning suspicious transaction reviews and STR filings.
- Developing and delivering engaging training programs on transaction monitoring and suspicious transaction reporting to relevant stakeholders.
Responsibilities:
- A Bachelor's degree in Accounting, Finance, Law, Risk Management, or a related business discipline.
- A minimum of 6 years of proven experience in AML/CFT compliance and transaction monitoring within the banking sector or a banking regulatory authority.
- Possession of a CAMLP or CAMS certification.
- A strong command of the statutory and regulatory landscape governing transaction monitoring and STR matters in Hong Kong.
- A deep understanding of the inherent Money Laundering and Terrorist Financing risks within the banking industry.
- Fluency in both spoken and written English and Chinese.
Interested candidates are invited to apply or submit their resume to Jessie at jessie.ji@randstad.com.hk.
