VP - AML

  • Competative
  • Hong Kong
  • CDI, Plein-temps
  • Eames Consulting Hong Kong , Numéro de Licence EA : 16S8091
  • 08 déc. 17 2017-12-08

Oversee a small team, work closely with the business, reputable global banking institution.

Due to an internal promotion this leading financial service organsiation are seeking an experienced VP, to lead an AML team in Hong Kong.

The Vice President, AML Hong Kong is responsible for leading and operating the jurisdictional First Line of Defense AML program. The incumbent is accountable to assist, design, maintain, improve, and monitor the execution of our Anti-Money Laundering (AML) risk and control processes for Capital Markets across our Hong Kong Branch.

Key accountabilities of the role include:

  • Establish, operate and maintain anti-money laundering, anti-terrorist financing and sanctions measures (collectively, “AML”) procedures, risk and control frameworks, including implementing effective controls, in accordance with the AML corporate policy and the AML enterprise program manual;
  • Communicate jurisdictional products, strategies, initiatives and relevant jurisdictions of operation to local AML compliance officer;
  • Develop, establish and operate risk based training in consultation with local AML compliance officer;
  • Conduct inherent risk assessments and conduct ongoing control self-assessments for the jurisdiction;
  • Monitor and report on the effectiveness of controls; Identify, report and remediate issues respecting to the jurisdictional AML program;
  • Complete the quarterly AML regulatory compliance management (RCM) to ensure controls associated with each regulatory requirement are in place;
  • Prepare and/or perform quality assurance on KYC files, perform daily PEP, sanction, and adverse media adjudications and conduct transaction monitoring;
  • Review and provide approval on KYC customer risk rating; work with stakeholders on customer risk rating process, and in special circumstances provide or advice on customer risk rating adjustments or exceptional approval based on client profile, in accordance with the relevant procedure and program manuals.
  • Lead Asia-wide initiatives / projects related to AML / ATF changes, including participate in the creation of project documentation and requirements, project planning and tracking, and liaising with project stakeholders
  • Provide regional leadership on tasks assigned, e.g. monthly sanctions attestations, lead monthly sanctions QA, and other tasks as assigned.
  • Provide management oversight on client onboarding (COB) and work closely with head office team to provide leadership and direction to the local team and capital markets Line of Businesses to ensure all clients relationship established meet internal and regulatory requirements 

Knowledge and Skills:

  • University degree or college diploma, preferably in business, law or related
  • CAMS designation or in process
  • 6-8 years of relevant AML experience in financial institution
  • In-depth knowledge of applicable AML regulatory requirements and practices
  • Strong product knowledge and understanding of trade finance and bank-to-bank activities and applicable regulations
  • Knowledge of compliance and risk management practices
  • Proven project leadership capabilities and an ability to co-ordinate the efforts of people and resources from differnet lines of business or support areas
  • Fluent in Cantonese and English; other languages an asset
  • Highly accurate and detail oriented
  • Excellent at organising information
  • Strong analytical and issue/risk identification and escalation, with ability to identify and consider cross impacts, proven critical thinking
  • Strong interpersonal skills used within a demanding team environment and in client interaction
  • Strong partnering abilities
  • Ability to manage high level security access in a professional and ethical manner
  • Works independently with appreciation for team work
  • Proactive and results oriented
  • Ability to manage deliverables
  • Ability to manage high level security access in a professional and ethical manner
  • Experience in finance or accounting an asset