Head of AML

NexusSearch International Limited; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

A leading financial institution in Hong Kong seeks a seasoned professional for a Financial Crime Compliance role. The position involves ensuring the implementation of policies related to AML and CTF, advising on regulatory developments, and supporting projects with the Head of FCC. The ideal candidate will have 8-10 years of experience in relevant advisory roles, strong knowledge of AML/CFT regulations, and fluency in English and Chinese. This role offers an engaging environment within a cross-cultural team.

Qualifications

• Minimum 8-10 years of relevant advisory experience in FCC or AML/CTF.
• Strong knowledge of AML/CFT regulatory requirements.
• Ability to cope with a highly demanding banking environment.
• Good command of spoken and written English, Chinese, and Putonghua.

Responsibilities

• Assist with the implementation of FCC policies and controls.
• Advise on regulatory developments and compliance.
• Provide advisory support for new products and services.
• Support internal and external compliance projects.
• Handle ad-hoc assignments from the Head of FCC.

Skills

Advisory experience in FCC or AML/CTF

Knowledge of AML/CFT regulatory requirements

Understanding of consumer and corporate banking products

Ability to operate in a fast-paced banking environment

Communication skills in English, Chinese, and Putonghua

Education

AAMLP/CAMLP or equivalent AML certification

Job description

Responsibilities

• Report to Head of Financial Crime Compliance (FCC) and assist them to ensure the implementation of applicable policies, systems and controls related to FCC, including but not limited to anti‑money laundering (AML)/counter‑terrorist financing (CTF), economic sanctions, and anti‑bribery and corruption (ABC) to comply with applicable local regulatory obligations and requirements.
• Keep abreast of legal and regulatory developments in the aforementioned FCC related areas and act as the central reference point / subject matter expert in the Bank to advise and clarify issues arising from contents and developments in local laws, regulations or market practices, plus facilitate stakeholders such as product and operation/support teams to implement and comply with necessary changes/requirements internally.
• Provide advisory support (including AML/CDD, sanctions and ABC) on new products, services and customer segments, promotion materials and FCC related training.
• Participate and support the Head of FCC on internal and external projects (regular or ad‑hoc based) including but not limited to examinations/audits by regulators or internal/independent assessors, new products/services assessment and review, enterprise‑wide ML/TF risk assessment, compliance testing, staff training and etc.
• Support and handle the specific and ad‑hoc assignments as assigned by Head of FCC or MLRO.

Qualifications

• Minimum 8-10 years of relevant advisory experience in FCC or AML/CTF acquired from international/regional banks or financial service regulators.
• Strong knowledge of AML/CFT regulatory requirements, with a good understanding of sanctions, ABC and a risk‑control mindset.
• Good understanding of consumer and corporate banking products, services and transactions, keen on providing customer experience in new fashion and challenging the status quo.
• Ability to cope with a highly demanding and fast‑paced banking environment and competent to work in a cross‑culture organization, embracing innovation and excitement from digital banking.
• Good command of spoken and written English, Chinese and Putonghua.
• Certified as AAMLP/CAMLP or equivalent AML certification/license; other relevant certifications such as CFE, cybersecurity or risk management are a plus.