Manager, Financial Crime Risk Management (1 year contractor)

ZA; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Job summary

ZA in Hong Kong is seeking a seasoned Financial Crime Compliance professional to lead transaction monitoring and fraud investigations. The role involves collaboration with law enforcement and financial institutions to detect and report suspicious activities, while maintaining and refining monitoring systems rules.

The ideal candidate has 5+ years in banking or fintech with exposure to fraud risk management, and holds or pursues CAMS/CALMP credentials.

Qualifications

• Bachelor's degree in Banking, Finance, Law, Accounting or related disciplines.
• Minimum 5 years of experience in banking or financial institutions with exposure to fraud risk management or transaction monitoring.
• CAMS or CAMLP/AAMLP is highly recommended.
• Experience with transaction monitoring systems and data analysis would be an advantage.
• Strong analytical and problem-solving skills with critical thinking.
• Excellent interpersonal and communication skills, able to work under pressure.
• Good command of English and Chinese; Mandarin is an advantage.

Responsibilities

• Conduct transaction monitoring and investigate potential money laundering or fraud activities.
• Prepare and file suspicious transactions reports when needed.
• Collaborate with law enforcement and financial institutions to investigate and report suspicious activities.
• Maintain and calibrate monitoring systems strategies and rules with cross-functional teams.
• Develop educational materials to raise customer awareness on financial crime compliance.
• Support FCC training for the team and relevant stakeholders.
• Support management reporting with statistics and materials.
• Perform ad-hoc assignments and projects from team lead or Deputy Head of FCC.

Skills

Analytical skills

Problem-solving

Communication skills

Interpersonal skills

English & Chinese

Education

Bachelor's degree in Banking/Finance/Accounting

Tools

Transaction monitoring system

Data analysis

Job description

• Conduct transaction monitoring and fraud investigations to identify and mitigate potential money laundering and terrorist financing activities.
• Prepare and file suspicious transactions report upon detecting suspicious transactions or irregular activities.
• Collaborate with various internal and external stakeholders, including law enforcement agencies and financial institutions, to investigate and report suspicious activities.
• Collaborate with cross-functional teams to maintain and calibrate the transaction monitoring and fraud monitoring systems strategies and rules.
• Organize and develop educational materials and programs to raise customer awareness on financial crime compliance measures.
• Support financial crime compliance training to the team or relevant stakeholders
• Support management reporting by preparing relevant statistics and materials
• Perform ad-hoc assignments and projects assigned by the team lead or Deputy Head of FCC

Requirements

• Bachelor Degree in Banking, Finance Law, Accounting or related disciplines
• Minimum 5 years of experience in banking or financial institutions with relevant exposure to fraud risk management or transaction monitoring, preferably in Banking industry, Payment Service Providers or E-Commerce company
• Certified Anti-Money Laundering Specialist (CAMS) or equivalent certification such as CAMLP/AAMLP is highly recommended
• Experience and knowledge in managing transaction monitoring system and conducting data analysis would be an advantage
• Strong analytical and problem-solving skills with critical thinking
• Excellent interpersonal and communication skills, and able to work under pressure
• Good command of both spoken and written English and Chinese, with Mandarin proficiency is an advantage

Mandatory Reference Checking Scheme

Mandatory Reference Checking Scheme (MRC Scheme) may be applicable for certain relevant positions. It is a standardised reference-checking arrangement that is designed to support the integrity of "authorized institutions" regulated by the Hong Kong Monetary Authority (HKMA). Pursuant to the MRC scheme, our Bank will conduct a mandatory reference check by requesting information from each relevant former and current employer of applicants. For more details about the MRC Scheme, please visit the website of the Hong Kong Association of Banks: https://www.hkab.org.hk/en/page/5/mandatory-reference-checking-scheme-phase-2

Applicants who are not invited for an interview within the 8 weeks after submission of application may assume their applications unsuccessful. We may review applications received for suitability for other posts within the Company. All personal data provided will be treated in strict confidence and used strictly for recruitment-related purposes only. We shall retain the personal data of unsuccessful applicants for a period of 24 months upon receipt of such application.