AVP, Operations (payment sanction screening) 35-45k

Charterhouse Limited; Hong Kong; On-site; HKD 391,000 - 502,000; Full time

Job summary

Charterhouse Limited, a reputable financial institution in Hong Kong, seeks an AVP, Operations (payment sanction screening) to oversee sanctions screening, list management, alert investigations, and escalation within the Operations Division.

This role requires strong knowledge of regulatory compliance, DPS/PDPO/CoBP/FATCA/CRS frameworks, and collaboration with Compliance, Risk and Business units; you will guide junior staff, coordinate audits, and drive process improvements and new product

Qualifications

• Degree holder with relevant banking experience and strong regulatory knowledge.
• Hands-on experience in sanctions screening, watchlist management and alerts.
• Understanding of DPS, PDPO, CoBP, FATCA and CRS requirements.
• Ability to lead, coordinate audits and liaise with Compliance and Risk.

Responsibilities

• Oversee sanction screening and list management across banking ops.
• Monitor regulatory compliance and industry guidelines for sanctions.
• Review audit confirmations, certificates, and balance confirmations.
• Assess impact of new regulations and update procedures accordingly.
• Coordinate internal/external audits and regulatory examinations.
• Support governance initiatives and risk management activities.
• Act as project coordinator for process improvements and new implementations.
• Provide guidance to junior team members and coordinate with stakeholders.

Skills

Banking operations

Operational controls

Regulatory compliance

Risk management

Stakeholder management

Communication

Coordination

Job description

AVP, Operations (payment sanction screening) 35-45k

Our client, a reputable banking institution, is seeking a replacement hire arising from an internal transfer and offers the opportunity to play a key role in regulatory compliance, sanctions governance, operational control, and project coordination within the Operations Division.

Key Responsibilities

• Oversee sanction screening and list management activities across banking operations, including watchlist maintenance, alert investigation, escalation, and liaison with Compliance on potential sanctions matches.
• Monitor and ensure operational compliance with regulatory requirements and industry guidelines, including Deposit Protection Scheme (DPS) requirements, Personal Data (Privacy) Ordinance (PDPO), Code of Banking Practice (CoBP), FATCA, CRS, and other applicable regulations.
• Review and supervise the issuance of auditor confirmations, certificates of balance, bank reference letters, law enforcement enquiries, document management, and other account administration activities.
• Conduct impact assessments on new regulatory developments and ensure operational procedures remain compliant with evolving requirements.
• Coordinate internal and external audits, regulatory examinations, and compliance reviews relating to banking operations.
• Support departmental governance initiatives, operational control reviews, policy updates, and risk management activities.
• Act as project coordinator for operations-related initiatives, system enhancements, process improvement projects, and new product implementations.
• Provide guidance and oversight to junior team members while working closely with stakeholders across Operations, Compliance, Risk, and Business units.

Requirements

• Degree holder with min 6 years of banking operations experience, preferably covering multiple operational disciplines.
• Strong knowledge of banking operations, operational controls, regulatory compliance, and risk management.
• Hands-on experience in:
  • Transaction Sanctions Screening
  • Watchlist Management
  • Investigation of screening alerts and potential sanctions hits
  • Regulatory and law enforcement enquiries
  • Auditor's Confirmation and Certificate of Balance processing
• Practical understanding of:
  • Deposit Protection Scheme (DPS)
  • Personal Data (Privacy) Ordinance (PDPO)
  • Code of Banking Practice (CoBP)
  • FATCA
  • CRS
  • Banking operational risk and control frameworks
• Ability to interpret regulatory requirements and assess operational impact across banking processes.
• Strong stakeholder management, communication, and coordination skills.