Head of Sanctions Compliance & Risk Programs

CMB Wing Lung Bank Limited; Hong Kong; On-site; HKD 700,000 - 1,000,000; Full time

Job summary

CMB Wing Lung Bank Limited is seeking a seasoned Senior Compliance professional to lead the sanctions function in Hong Kong. The role supervises staff, updates risk assessment frameworks, and develops sanctions programs to ensure regulatory and internal compliance.

You will review and formulate the sanctions manual, respond to auditors and regulators, and advise senior management on sanctions issues. Strong English and Chinese communication skills are essential.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics or related discipline.
• Minimum 10 years of banking experience with solid knowledge of AML/CFT and sanctions regulatory requirements.
• Holder of Associate AML Professional (AAMLP) or Certified AML Professional (CAMLP).
• Familiar with banking operations and products.
• Self-motivated, analytical and able to work independently.
• A good team player with strong interpersonal, communication and writing skills.
• Good computer skills and proficiency in Microsoft Word and Excel.
• Proficient in both spoken and written English and Chinese.

Responsibilities

• Supervise the subordinates in Sanctions Compliance Division.
• Update the IRA framework from a sanctions perspective and complete the biennial assessment.
• Develop and monitor sanctions programs to ensure compliance with statutory, regulatory and internal requirements.
• Formulate and review the sanctions manual and procedures of the bank.
• Supervise staff to conduct compliance reviews on essential areas to ensure sanctions compliance.
• Follow up requests from internal/external auditors and regulators on sanctions issues.
• Advise senior management and relevant business units on sanctions issues.
• Handle inquiries from regulatory authorities and professional firms.
• Prepare regular and ad hoc reports for management and Head Office.
• Handle ad hoc projects/duties assigned by Head of Legal & Compliance Department / Head / Deputy Head of AML Centre.

Skills

AML/CFT knowledge

Banking experience

AAMLP/CAMLP

English & Chinese

MS Word & Excel

Analytical thinking

Independent work

Team player

Education

Bachelor's degree in Accounting/Finance/Economics

Job description

CMB Wing Lung Bank Limited is seeking a seasoned Senior Compliance professional to lead the sanctions function in Hong Kong. The role supervises staff, updates risk assessment frameworks, and develops sanctions programs to ensure regulatory and internal compliance.

You will review and formulate the sanctions manual, respond to auditors and regulators, and advise senior management on sanctions issues. Strong English and Chinese communication skills are essential.