AML Compliance Specialist (1-Year Contract)

Cathay United Bank Company, Limited

Hong Kong

On-site

HKD 500,000 - 700,000

Full time

12 days ago

Application generator

Turn this role into an interview — a resume and cover letter built around what this employer wants.

Get past ATS filters

Benefits offered by this job

Attractive remuneration package

Comprehensive fringe benefits

Job summary

Cathay United Bank Company, Limited is seeking a Specialist in AML Compliance on a 1-year contract in Hong Kong. The role involves monitoring and investigating suspicious transactions, escalating money laundering risks to management, and assisting the Head of Compliance to ensure regulatory compliance.

The candidate will support KYC onboarding and periodic reviews and look for ongoing AML process improvements.

Qualifications

3+ years AML/Transaction Monitoring/KYC experience in banking industry.
Experience in transaction monitoring from international banks is valued.
Proficient in English and Chinese (Mandarin and Cantonese).
Knowledge of Banking Ordinance, AML Ordinance and related Codes.
Associate AML Professional (AAMLP) holder is an added advantage.
Self-motivated with good communication and ability to communicate with all levels including business stakeholders.
If applicable, Mandatory Reference Check may be required under HKMA scheme.

Responsibilities

Monitor suspicious transactions investigation and reporting.
Identify and escalate potential money laundering risks to management.
Assist the Head of Compliance & MLRO to review AML policies and procedures to ensure compliance with regulatory requirements.
Support Know-Your-C Customer onboarding and periodic review.
Identify areas of improvement in AML process/documentation, AML Information System, transactions monitoring and investigations on an ongoing basis.
Handle ad hoc projects as assigned.