(Senior) AML Manager (Policy & Due Diligence) at Bank of China (Hong Kong) Limited

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Full Time

Start Date

Immediate

Expiry Date

19 Aug, 26

Salary

0.0

Posted On

21 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

AML Policy Formulation, CTF Procedures, Institutional Risk Assessment, Enhanced Due Diligence, KYC Documentation, Regulatory Compliance, AML Control Measures, Regtech, Artificial Intelligence, Machine Learning, Internal Audit, Banking Operations, Internal Control, Analytical Skills, Communication Skills, MS Office

Industry

Banking

Description

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. * Experience in AML, audit, banking operations, internal control in Banks / financial sectors: - AML Manager: 5 years or above - Senior AML Manager: 8 years or above * 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 #LI-CT1

Responsibilities

The role involves formulating and updating AML/CTF policies and performing institutional risk assessments for the Bank Group. It also includes reviewing Enhanced Due Diligence cases and managing AML-related projects and training.