AML Compliance Manager

AcWise Recruitment Limited; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Job summary

AcWise Recruitment Limited is seeking an experienced AML/CFT Manager in Hong Kong to lead risk assessments, policy reviews, and onboarding controls. The role involves investigating alerts, ensuring regulatory compliance, and advising business stakeholders with strong English and Chinese communication skills.

You will review CDD/EDD for high-risk clients, monitor sanctions and PEPs, and prepare reports for senior management and regulators. A senior, detail-oriented professional is required.

Qualifications

• Bachelor's degree in Accounting/Law/Business or related discipline.
• Minimum 5 years of managerial and hands-on experience in AML compliance, preferably in banking.
• ECF AML/CFT or ACAMS certification preferred.
• Strong knowledge of AML/CFT or compliance issues.
• Detail-oriented, responsible, and able to work independently.
• Excellent English and Chinese communication skills.

Responsibilities

• Perform AML/CFT risk assessments and reviews to enhance the AML/CFT function.
• Review AML/CFT policies and guidelines.
• Comment on CDD/EDD reviews for onboarding, high-risk customers, and triggering events.
• Review sanction parties, PEPs, and adverse media related exceptions.
• Investigate suspicious transaction alerts generated by SAS, Worldcheck and Fircosoft.
• Conduct periodic compliance assurance checks.
• Prepare suspicious transaction reporting to JFIU.
• Provide AML/CFT advisory to business stakeholders in daily operations.
• Prepare internal/external reports to senior management, regulators, tax authority and Head Office.
• Participate in ad-hoc tasks/projects as assigned.

Skills

AML/CFT compliance

Policy review

Interpersonal & communication

English & Chinese fluency

Detail-oriented

Independent work

Education

Bachelor's degree in Accounting/Law/Business

Tools

SAS

World-Check

Fircosoft

Job description

Perform full range of Anti-Money Laundering (AML)/ Counter-Financing Terrorism (CFT) related activities, including but not limited to the following for ensuring that the Banks operations are complying with statutory, regulatory and internal requirements:

• Perform AML/CFT risk assessment and conduct reviews for the enhancement of the AML/CFT function
• Review and comment on AML/CFT policies and guidelines
• Comment on the CDD/EDD reviews of customer onboarding, high risk customers and triggering events conducted by business lines
• Review sanction parties, PEP and adverse media related exceptions
• Investigate suspicious transaction alerts generated by SAS, Worldcheck and Fircosoft
• Conduct periodic compliance assurance checks
• Prepare suspicious transaction reporting to JFIU
• Conduct SAS and Fircosoft testing and tuning
• Conduct internal AML/CFT training
• Provide AML/CFT advisory to business stakeholders in daily operations
• Prepare internal/external reports to senior management, regulators, tax authority and Head Office
• Participate in ad-hoc tasks/projects as assigned

Requirements

• Bachelors Degree or above in Accounting, Law, Business or related discipline(s)
• Minimum 5 years of managerial and hands-on experience in AML Compliance, preferably gained from banking sector
• Professional qualifications under Enhanced Competency Framework (ECF) on AML/CFT or Certified Anti-Money Laundering Specialist by ACAMS is preferred
• Sound knowledge in AML/CFT or compliance related issues
• Strong sense of responsibility, detail-oriented and able to work independently
• Excellent interpersonal and communication skills,
• Proficient in both written and spoken English and Chinese