Officer/ Associate, AML/TM STR, Foreign Private Bank

PineSearch Consulting; Hong Kong; On-site; HKD 420,000 - 660,000; Full time

Job summary

PineSearch Consulting's client, a foreign private bank, seeks an Officer/Associate in its compliance team in Hong Kong. The role focuses on AML/CFT duties, KYC reviews, and regulatory reporting. You will monitor transactions, investigate suspicious activity, prepare STRs, liaise with Front Office, and contribute to MI reporting and process improvements.

Fluency in English and Chinese required. We require 3+ years in KYC/CDD/compliance, HKMA AML knowledge, and strong communication.

Qualifications

• Bachelor’s degree in Finance, Business Administration, or a related field.
• 3+ years of experience in KYC/CDD/regulatory compliance and financial crime compliance, preferably in private banking.
• In-depth knowledge of HKMA AML requirements and risk assessment practices.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Word and Excel.
• Fluent in English and Chinese, written and spoken.

Responsibilities

• Conduct transaction monitoring and review alerts from AML/CFT surveillance.
• Liaise with Front Office and internal stakeholders to obtain clarifications, documents, and info for alert adjudication.
• Perform in-depth investigations into suspicious transactions and draft STRs for senior management review.
• Assist MI reporting, including data compilation, trend analysis, and regulatory submissions.
• Participate in AML/CFT projects, system enhancements, and process improvements.
• Support KYC reviews (account opening, periodic reviews, event-driven reviews) when required.
• Stay updated on regulatory changes and ensure compliance with local and global AML/CFT policies.

Skills

English and Chinese fluency

Communication skills

Interpersonal skills

Microsoft Word

Microsoft Excel

Education

Bachelor’s degree in Finance or related field

Tools

Microsoft Word

Microsoft Excel

Job description

Our client is a foreign private bank. They are now looking for an Officer/ Associate in their compliance team.

Key Responsibilities:

• Conduct transaction monitoring and review alerts generated by the AML/CFT surveillance system.
• Liaise with Front Office (FO) and other internal stakeholders to obtain clarifications, supporting documents, and additional information for alert adjudication.
• Perform in-depth investigations into suspicious transactions and draft Suspicious Transaction Reports (STRs) for senior management review.
• Assist in Management Information (MI) reporting, including data compilation, trend analysis, and regulatory submissions.
• Participate in AML/CFT-related projects, system enhancements, and process improvements.
• Support KYC reviews (e.g., account opening, periodic reviews, event-driven reviews) when required.
• Stay updated on regulatory changes and ensure compliance with local and global AML/CFT policies.

Role Requirements:

• Bachelor’s degree in Finance, Business Administration, or a related field.
• Minimum of 3 years of relevant experience in KYC/ CDD/ regulatory compliance and financial crime compliance, preferably in a private banking.
• In-depth knowledge of HKMA’s AML (Anti-Money Laundering) requirements and risk assessment practices.
• Exceptional communication and interpersonal skills.
• Proficiency in Microsoft Word and Excel.
• Fluent in both written and spoken English and Chinese.