Senior Officer, AML/CFT Compliance
- Hong Kong
- Permanent
- Full-time
- Provide prompt, accurate, and concise advisory support on AML/CFT and sanctions-related matters to ensure the Branch’s operations comply with applicable laws, regulations, and internal policies.
- Support the dissemination of relevant updates on statutory, regulatory and internal requirements on AML/CFT and/or sanctions related matters to all relevant parties on a timely basis.
- Assist in executing AML/CFT and sanctions compliance initiatives, including reviews, testing, and training delivery, in alignment with the Compliance Plan and directives from the Group, local management, or regulators.
- Conduct ongoing customer due diligence reviews for existing clients, focusing on AML/CFT and sanctions risk assessments.
- Analyze transactions to detect unusual activity, perform investigations, and provide timely recommendations regarding the level of suspicion, including support for suspicious transaction reporting and behavioral analysis.
- Support the development, implementation, and maintenance of transaction monitoring and screening systems.
- Review alerts and transactions flagged by Detica and Message Filtering Systems involving sanctioned jurisdictions, assess potential matches, and take appropriate follow-up actions to ensure proper resolution and release.
- Undertake ad-hoc projects and tasks as assigned.
- Degree holder in Accounting, Business Administration, Finance or Law or related discipline
- Solid understanding of statutory and regulatory requirements applicable to the banking industry, particularly in relation to anti-money laundering (AML) and counter-terrorist financing (CFT).
- Proficient in both written and spoken English and Chinese.
- Good analytical and problem-solving abilities.
- Effective interpersonal and communication skills.
- Holder of ECF on AML/CFT accredited by HKIB is preferred