My Client is a top tier Chinese Bank, looking for a AML & Compliance Senior Officer.
Requirements for AML & Compliance Senior Officer - Compliance department
Role and Responsibilities
· Assist the Head of Compliance in the enhancement of Anti-Money Laundering and Countering Terrorism Financing ("AML") control measures to build a more robust AML framework for the Bank
· To review/conduct customer due diligence/end to end evaluation of new and existing customers (including post transaction review), ensuring that they comply with the Bank’s AML/CFT/Sanctions requirements
· Reviewing and assessing alerts from money laundering risk through transaction monitoring systems and liaising with business units as necessary to investigate the alerts
· To roll out enhancements to Compliance Department’s policies and procedures and also be proactive in pointing out areas of improvements to enhance the Bank’s systems, methodologies and process simplification
· To take charge of various bank-wide initiatives, AML assessments and reviews and ad-hoc projects led by Compliance Department
· Ensuring management is made aware of all pressing issues in a timely fashion
· Operating to the very highest levels of integrity at all times
· Maintaining appropriate audit trails and documentation in all instances
· Carry out any other tasks as assigned by the Head of Compliance from time to time.
Requirements
· Strong degree-level academic qualifications
· Minimum 5 years of relevant Compliance experience with familiarity of the relevant AML legal and regulatory requirements such as MAS Notice 626
· Demonstrable understanding of the financial market
• Fluent in English and Chinese (both oral and written communication) to liaise with Mandarin speaking HQ colleagues
· Good knowledge of products/services offered by a bank to clients
· Evidence of drive, curiosity, good judgment and good attention to detail
· Excellent team spirit
· Rigorous, well-organized with a structured and logical approach
