Sanctions Advisor, Team Head role (AML Centre)

CMB Wing Lung Bank Limited; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

CMB Wing Lung Bank Limited is seeking a Sanctions Advisor, Team Head in Hong Kong to lead the sanctions compliance program and ensure robust risk controls across the bank. You will design frameworks, respond to exceptions, and report to senior management with expert guidance.

The role requires deep knowledge of global sanctions regimes, 10+ years AML experience, and strong communication and leadership capabilities to drive training and policy updates across the organization.

Qualifications

• Bachelor's degree or above in Accounting, Finance, Law, Risk Management or related discipline.
• At least 10 years of experience in AML and Sanctions Compliance.
• Strong in-depth knowledge of global sanctions regimes to ensure awareness and accurate application of relevant regulatory requirements.
• Extensive experience in Sanctions compliance risk management and process.
• Excellent communication, interpersonal, problem solving and leadership skills.
• Self-initiative, able to work independently and under pressure.
• Relevant qualification in AML or Sanctions (e.g. AAMLP, CAMLP, CAMS or CGSS) is preferred.
• Excellent written and spoken Chinese (Mandarin and Cantonese) and English.

Responsibilities

• Implement and monitor the Bank’s sanctions compliance program, ensuring adherence to all relevant statutory, regulatory, Head Office, and internal sanctions requirements.
• Design and maintain robust control frameworks to identify, assess and manage sanctions risk across the Bank.
• Provide timely response to sanctions related exceptions, recommend control measures and ensure prompt reporting to Senior Management.
• Review and approve sanctions policies and procedural manuals to reflect evolving legal and regulatory developments.
• Provide constructive advice and guidance on sanctions matters, conduct investigations and perform sanction exposure reviews to safeguard the Bank against regulatory and reputational risks.
• Review and approve sanctions compliance reports for Senior Management, Head Office, regulators, auditors and other stakeholders.
• Oversee the timely review and approval of sanctions screening alerts related to customers, transactions, and payments.
• Administer and maintain sanctions watchlists, ensuring accurate and timely updates to screening system.
• Conduct regular testing, tuning and validation of screening systems. Identify and recommend solutions to screening rules and parameters.
• Design, organize and deliver comprehensive sanctions compliance training programs across the Bank.
• Respond to ad-hoc inquiries from regulators, internal and external audits, and monitor the follow up progress on remediation.

Skills

Sanctions regulations knowledge

Leadership

Communication

Problem solving

Self-motivation

Training delivery

Education

Bachelor's degree or above in Accounting, Finance, Law, Risk Management or related discipline

Job description

Sanctions Advisor, Team Head role (AML Centre)

• Implement and monitor the Bank’s sanctions compliance program, ensuring adherence to all relevant statutory, regulatory, Head Office, and internal sanctions requirements.
• Design and maintain robust control frameworks to identify, assess and manage sanctions risk across the Bank.
• Provide timely response to sanctions related exceptions, recommend control measures and ensure prompt reporting to Senior Management.
• Review and approve sanctions policies and procedural manuals to reflect evolving legal and regulatory developments.
• Provide constructive advice and guidance on sanctions matters, conduct investigations and perform sanction exposure reviews to safeguard the Bank against regulatory and reputational risks.
• Review and approve sanctions compliance reports for Senior Management, Head Office, regulators, auditors and other stakeholders.
• Oversee the timely review and approval of sanctions screening alerts related to customers, transactions, and payments.
• Administer and maintain sanctions watchlists, ensuring accurate and timely updates to screening system.
• Conduct regular testing, tuning and validation of screening systems. Identify and recommend solutions to screening rules and parameters.
• Design, organize and deliver comprehensive sanctions compliance training programs across the Bank.
• Respond to ad-hoc inquiries from regulators, internal and external audits, and monitor the follow up progress on remediation.

Requirements:

• Bachelor's degree or above in Accounting, Finance, Law, Risk Management or related discipline
• At least 10 years of experience in AML and Sanctions Compliance
• Strong in-depth knowledge of global sanctions regimes to ensure awareness and accurate application of relevant regulatory requirements
• Extensive experience in Sanctions compliance risk management and process
• Excellent communication, interpersonal, problem solving and leadership skills
• Self-initiative, able to work independently and under pressure
• Relevant qualification in AML or Sanctions (e.g. AAMLP, CAMLP, CAMS or CGSS) is preferred
• Excellent written and spoken Chinese (Mandarin and Cantonese) and English