Assistant Manager, AML/CFT & Sanctions Compliance

Industrial and Commercial Bank of China; Hong Kong; On-site; HKD 480,000 - 760,000; Full time

Job summary

Industrial and Commercial Bank of China (Asia) Limited is seeking an FCC professional to identify and interpret AML/CFT and sanctions regulatory guidance, advising staff and business units to ensure regulatory compliance. The role involves developing FCC policies, conducting risk assessments, and managing issues related to sanctions across multiple lines of business.

The candidate will contribute to risk-based FCC governance, perform regulatory analyses, and support ad hoc FCC initiatives within

Qualifications

• Minimum of 3 years of professional working experience in financial services with solid experience in AML/CFT and Sanctions as well as conducting FCC related risk assessments.
• Good knowledge in AML/CFT and Sanctions in financial services and the relevant regulatory requirements in Hong Kong and China.
• Experience developing and implementing a consistent AML/CFT framework across multiple business lines and subsidiaries.
• Qualifications in law, accounting, commerce/business or related disciplines; CAMS/AAMLP or equivalent qualifications preferred.
• Good interpersonal and communication skills.

Responsibilities

• Identify, assess, and communicate the requirements relating to AML/CFT and Sanctions regulatory guidance and law enforcement trends regarding the Bank’s business activities, including advising staff on internal rules, procedures and compliance issues.
• Provide advice to the relevant Business Units and Support Units on all AML/CFT and Sanctions related issues to ensure the Bank’s adherence to the respective regulatory requirements.
• Develop and maintain FCC related policies and guidelines.
• Conduct regulatory analysis, risk assessments and issues management (i.e. reporting, tracking and follow-up).
• Assess FCC related risk for the products/ services offered by the Bank.
• Conduct FCC related risk assessments for the Bank, ensuring that they are comprehensive and the risk ratings are appropriate and fully supported.
• Carry out ad hoc FCC related projects as assigned.

Skills

AML/CFT knowledge

Regulatory compliance

Policy development

Risk assessment

Communication skills

Multilingual: EN/CN/Cantonese

Job description

Industrial and Commercial Bank of China (Asia) Limited is seeking an FCC professional to identify and interpret AML/CFT and sanctions regulatory guidance, advising staff and business units to ensure regulatory compliance. The role involves developing FCC policies, conducting risk assessments, and managing issues related to sanctions across multiple lines of business.

The candidate will contribute to risk-based FCC governance, perform regulatory analyses, and support ad hoc FCC initiatives within