Director, KYC Compliance, Internatinal Private Bank

PineSearch Consulting; Hong Kong; On-site; HKD 1,200,000 - 1,800,000; Full time

Job summary

PineSearch Consulting, partnering with a foreign private bank, seeks a senior KYC Compliance professional in Hong Kong to lead and supervise KYC/AML activities for new account openings, ensuring full regulatory compliance.

You will oversee the quality of KYC processes, monitor follow-up actions from periodic reviews, identify regulatory gaps, and stay updated on changes. You will also lead process-improvement initiatives and control & system enhancements.

Qualifications

• Bachelor’s degree in Finance, Business Administration, or related field.
• Minimum of 10 years in KYC/AML or financial crime compliance, private banking or Big 4 background preferred.
• In-depth knowledge of HKMA AML requirements and risk assessment practices.
• Exceptional communication and interpersonal skills.
• Fluent in English and Chinese (written and spoken).

Responsibilities

• Plan, direct and supervise KYC/AML activities for new account openings in full regulatory compliance.
• Oversee quality of KYC processes to ensure adherence to standards and timelines.
• Monitor status and completion of follow-up actions from periodic reviews or AML/CFT processes.
• Identify potential gaps in processes/policies and bring to management.
• Stay updated on regulatory changes and communicate impact to management and colleagues.
• Lead ad hoc projects, especially procedures development, process improvements, and system enhancements.

Skills

KYC/AML expertise

Bilingual English/Chinese

Communication skills

Education

Bachelor’s degree

Job description

We are partnering with a foreign private bank for a KYC Compliance role.

Key Responsibilities:

• Plan, direct and supervise KYC/AML activities associated with new account opening in full compliance with Group standard and regulatory requirements
• Oversee the quality of KYC processes to guarantee adherence to the bank's standards and timelines.
• Monitor the status and completion of follow up actions arising from periodic reviews or other ongoing AML/CFT process.
• To proactively identify potential gaps in our current processes/policies against regulatory requirements, and bring up to management immediate attention.
• To keep abreast of new regulations and to update management and colleagues on impact of changes.
• To lead ad hoc projects, in particular, projects related to procedures development, process improvements, and control & system enhancements.

Role Requirements:

• Bachelor’s degree in Finance, Business Administration, or a related field.
• Minimum of 10 years of relevant experience in KYC/AML or financial crime compliance, preferably in a private banking or Big 4 background
• In-depth knowledge of HKMA’s AML (Anti-Money Laundering) requirements and risk assessment practices.
• Exceptional communication and interpersonal skills.
• Fluent in both written and spoken English and Chinese.