Assistant Vice President - AML Sanctions Compliance

ALL-STAR AGENCY; Hong Kong; On-site; HKD 700,000 - 1,100,000; Full time

Job summary

ALL-STAR AGENCY seeks an AML/CFT and Sanctions compliance professional to provide advisory support to business stakeholders and control functions on day‑to‑day matters, including high‑risk or suspicious transaction reviews, risk assessments, and guidance on transaction filtering and monitoring.

The role involves developing and updating AML/CFT systems and policies to meet regulatory requirements, conducting testing, preparing reports, and promoting a strong compliance culture across the

Qualifications

• Proven AML/CFT/Sanctions compliance experience in financial institutions, law enforcement, or regulatory bodies.
• Deep knowledge of AML/CFT/Sanctions laws and control measures, preferably in banking.
• Fluent in English and Chinese; proficient in MS Office and AML-related systems/tools.

Responsibilities

• Provide compliance advisory on day‑to‑day AML/CFT and Sanctions matters.
• Assist in developing and continuously enhancing AML/CFT systems to ensure alignment with regulatory requirements.
• Maintain and update AML/CFT/Sanctions policies and procedures per guidelines and industry best practices.
• Support Compliance management in monitoring and detecting suspicious business relationships or transactions and prepare SARs or other filings.
• Review internal disclosures, exception reports, and determine whether reporting to authorities is necessary.
• Conduct testing and monitoring over AML/CFT/Sanctions controls, processes, and systems; handle regulatory reporting.
• Prepare reports, perform gap analyses, and conduct risk assessments as required by HQ/Regional or HK directives.
• Promote AML/Sanctions policies and controls across the organization to foster a strong compliance culture.

Skills

AML/CFT compliance

Regulatory knowledge

Analytical thinking

Bilingual English/Chinese

Education

AAMLCP

CAMLP

CAMS

Tools

MS Office

AML-related systems

Job description

• Provide compliance advisory to business stakeholders and key control functions on day‑to‑day AML/CFT and Sanctions matters, including high‑risk or suspicious transaction/alert reviews, risk assessments, and advisory on transaction filtering, transaction monitoring, and sanctions compliance.
• Assist in developing and continuously enhancing AML/CFT systems to ensure they remain current and fully aligned with statutory and regulatory requirements.
• Maintain and update AML/CFT/Sanctions policies and procedures in line with Head Office/Regional guidelines and industry best practices.
• Support Compliance management in monitoring and detecting suspicious business relationships or transactions, and prepare suspicious transaction reports or other requisite filings.
• Review internal disclosures, exception reports, and all relevant information to determine whether reporting to authorities is necessary.
• Conduct testing and monitoring over AML/CFT/Sanctions controls, processes, and systems; handle regulatory reporting and initiatives pertaining to AML/CFT/Sanctions matters.
• Prepare reports, perform gap analyses, and conduct risk assessments as required by Head Office/Regional or Hong Kong directives.
• Promote AML/Sanctions policies and controls across the organization to foster a strong compliance culture.

Role Requirements:

• Degree holder with relevant professional qualifications (e.g., AAMLCP, CAMLP, CAMS) and 4–6 years of AML/CFT/Sanctions compliance experience in financial institutions, law enforcement, or regulatory bodies.
• Deep knowledge of AML/CFT/Sanctions laws, banking products, and control measures, preferably in commercial/corporate banking.
• Self-driven, analytical, and collaborative, able to work under pressure and tight deadlines.
• Fluent in English and Chinese; proficient in MS Office and AML-related systems/tools.