Assistant Manager, Compliance

Hong Leong Bank; Hong Kong; On-site; HKD 420,000 - 660,000; Full time

Job summary

Hong Leong Bank is seeking an experienced Assistant Manager, Compliance to safeguard operations and reputation. You will execute AML controls, perform customer due diligence, advise on regulatory updates, and support enterprise compliance initiatives.

The role requires 6+ years in banking compliance, strong HKMA/SFC knowledge, and excellent English/Chinese communication. Manager level candidates may be considered for a broader scope.

Qualifications

• Bachelor’s degree in law, finance, business or related field with 6+ years in compliance, AML/CFT or audits in banking.
• ECF qualification for Banking Practitioners preferred.
• Strong knowledge of HKMA/SFC rules, AML/CFT, FATCA/CRS and PDPO.
• Excellent written/spoken English and Chinese with analytical, collaborative mindset.

Responsibilities

• AML & due diligence oversight and monitoring of transactions and investigations.
• Perform KYC/EDD for onboarding, reviews, and trigger events; prepare risk reports.
• Track regulatory developments and update policies and guidelines accordingly.
• Collaborate with business units on CoBP, DPS, FATCA/ CRS, and PDPO compliance.
• Develop compliance training and coordinate review projects and ad hoc tasks.

Skills

AML/CFT

KYC

Regulatory Compliance

Analytical Skills

Communication

Education

Bachelor's Degree in Law/Finance/Business Administration

Job description

If you are looking to excel and make a difference, take a closer look at us…

Overview

We are seeking a detail-oriented and proactive Assistant Manager, Compliance to safeguard our institution's operations and reputation. In this role, you will be key in executing anti-money laundering controls, conducting customer due diligence, advising business units on regulatory updates, and supporting overarching compliance initiatives.

Responsibilities

AML & Due Diligence Oversight Perform transaction monitoring and investigate suspicious transactions related to AML/CFT and sanctions. Conduct Know-Your-Customer (KYC) and Enhanced Due Diligence (EDD) for customer onboarding, periodic reviews, and trigger events. Prepare risk assessment and due diligence reports for internal management review. Regulatory Compliance & Operational Support Monitor regulatory developments, disseminate circulars (SFC, DPB, HKAB, etc.), and advise on updating policies and guidelines. Collaborate with internal business units on compliance areas, including CoBP, Deposit Protection Scheme, FATCA/CRS, and PDPO. Develop compliance training, coordinate review projects and surveys, and assist with ad hoc tasks.

Skills & Experience We Are Looking For

Bachelor’s Degree in Law, Finance, Business Administration, or a related discipline, with at least 6 years of relevant experience in Compliance, AML/CFT, or Audit within banking or financial institutions. Enhanced Competency Framework (ECF) qualification for Banking Practitioners is preferred. Solid knowledge of HKMA/SFC regulations, AML/CFT frameworks, Code of Banking Practice, FATCA/CRS, and PDPO. Strong analytical, communication, and problem-solving skills with a collaborative mindset. Comprehensive understanding of banking operations is a distinct advantage. Excellent command of written and spoken English and Chinese. Candidates with more experience may be considered for the Manager role.

About Hong Leong Bank

We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China. We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our "Digital at the Core" ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation. Hong Leong Bank ("HLB") stands proudly as a leading financial services institution based in Malaysia, providing a wide range of comprehensive and innovative financial solutions across the region. These services are delivered through both digital and traditional means, via online and mobile banking, as well as our digital branch concept to provide customers with an efficient and seamless experience aided by technology. As the service and financial landscape changes rapidly with the ever-increasing use of technology, staying attuned to customers needs and desires becomes even more critical to HLB’s operations. To stay ahead of these dynamic changes, the Bank has adopted the approach of reimagining banking by embedding digital considerations and customer centricity in every aspect of our operations, from products and services as well as customer care and engagement. HLB’s ethos of being Digital-At-The-Core powered by customers-at-the-forefront will continue to lead us to innovate offerings in line with our aspiration of being a highly digital and innovative financial services organization.