Job Function
Due Diligence, Compliance And/or Legal
Description
Key Responsibilities- Lead and oversee the AML compliance program for the Private Banking division, ensuring adherence to local and international regulations.
- Develop and implement AML policies and procedures tailored to private banking services, aligning with best practices and regulatory expectations.
- Engage with regulators and industry bodies, representing the firm on AML matters and maintaining a strong reputation within the industry.
- Conduct risk assessments and monitor AML compliance across private banking operations, identifying areas for improvement.
- Provide expert guidance to senior management and front-office teams on AML issues, including customer due diligence and transaction monitoring.
- Foster a culture of compliance by delivering ongoing training and awareness programs for staff at all levels.
- Collaborate with internal stakeholders, including Legal, Risk, and Operations, to ensure a unified approach to AML risk management.
- Stay abreast of emerging AML trends, regulatory changes, and best practices in the private banking sector.
Qualifications
- Bachelor's degree in Finance, Law, Business Administration, or a related field; advanced degree or professional certification (e.g., CAMS, CPA) preferred.
- Minimum of 10 years of experience in AML compliance, with a strong focus on private banking or wealth management.
- Extensive knowledge of AML regulations in Hong Kong Market
- Proven track record of successful engagement with regulators and industry stakeholders.
- Exceptional analytical skills and the ability to navigate complex regulatory environments.
- Excellent communication and interpersonal skills, with the ability to influence and collaborate across diverse teams.
- Strong leadership capabilities and experience in managing high-performing compliance teams.
Job ID: 81415436