Assistant Manager, Compliance

hlb; Hong Kong; On-site; HKD 700,000 - 1,000,000; Full time

Benefits offered by this job

Training & development

Job summary

Hong Leong Bank in Hong Kong seeks an experienced Assistant Manager, Compliance to safeguard operations and reputation. You will lead AML/CFT controls, perform KYC/EDD for onboarding and reviews, and prepare risk assessments for management review.

You will monitor regulatory developments, advise on policy updates, and collaborate with multiple business units on CO BP, PDPO, FATCA/CRS. AECF qualification is preferred and strong English/Chinese skills are required.

Qualifications

• Bachelor's degree with at least 6 years of relevant experience in Compliance, AML/CFT, or Audit within banking or financial institutions.
• Solid knowledge of HKMA/SFC regulations, AML/CFT frameworks, Code of Banking Practice, FATCA/CRS, and PDPO.
• Excellent command of written and spoken English and Chinese.
• Enhanced Competency Framework (ECF) qualification for Banking Practitioners preferred.

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.
• Monitor regulatory developments, disseminate circulars, and advise on updates to 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

AML/CFT knowledge

Regulatory compliance

Analytical skills

Communication skills

Team collaboration

Education

Bachelor's degree in Law, Finance, Business Administration, or related discipline

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.