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Job Description

Our client is a leading European Private Bank in Hong Kong. Due to continual growth, they are looking for an enthusiastic and skilled AML Compliance expert to join their collaborative team to provide support and regulatory advice in relation to Private Banking business.

Key Responsibilities:

  • Assist Head of Compliance in implementing effective AML measures and controls in Hong Kong.
  • Ensure that ML risk is mitigated through stringent control and checks (in accordance with Pictet Group and regulatory standards) both at the client on-boarding stage and through continuous monitoring of accounts.
  • Perform Know Your Client reviews, due diligence searches and account opening documentation checks pursuant to relevant regulatory and internal requirements.
  • Prepare and present new application to open account to the Bank’s Due Diligence Committee on client acceptance.
  • Identify and investigate any suspicious transactions, including escalation and reporting to Senior Management and regulatory authorities on a timely basis. 
  • Assist the team in carrying out regular and ad hoc surveillance tests over various regulated activities in Hong Kong.
  • Provide advice to various business lines and Senior Management on regulatory matters in relation to AML.
  • Maintain key internal relationships to foster a positive compliance culture through communications, trainings and to provide colleagues with timely and pragmatic advice on day-to-day issues.

To be successful in this role, you should possess the following:

  • 5-7 years’ experience in a compliance and/or client on-boarding function, including extensive exposure to the private wealth environment, or good working experience at HKMA or equivalent regulatory bodies
  • Have prior working experience in AML, KYC, client on-boarding, account opening documentation review and ongoing transaction monitoring
  • Have a good knowledge of HKMA rules/regulations in Hong Kong
  • Maintain up-to-date knowledge of AML requirements and practices
  • Good knowledge of common IT applications (Word, Excel, Powerpoint).
  • Proficiency in English and Chinese
  • Well organised and attentive to details
  • Self-motivated and able to work independently
  • Team player and good communicator
  • Able to handle multi-tasks and meet tight deadlines
If you are interested in this role please apply below or contact me for more information.