Senior AML Compliance Lead – Policy & Risk Analytics

DBS Bank Ltd; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Benefits offered by this job

Database access

Job summary

DBS Bank in Hong Kong is seeking an experienced AML Compliance professional to ensure IBG staff adhere to internal AML risk and compliance policies, external regulations and industry best practices. You will champion AML/CFT inquiries, assist frontline teams and contribute to updates of CDD standards and KYC governance within IBG.

The role requires a university degree in law/finance, 8+ years in banking with AML/CDD/KYC experience, strong analytical and communication skills, and a proven

Qualifications

• University degree in Law, Banking, Finance or business related.
• Minimum 8 years’ relevant experience in banking industry, preferably AML/CDD/KYC related experience.
• Sound knowledge of regulatory / statutory policies and industry best practices. Professional qualification (e.g. ACAMS) is an advantage.
• Excellent analytical and problem-solving skills.
• Excellent organizational and time management skills.
• Strong communication and interpersonal skills.
• Proven track record in frontline and risk and governance roles.
• Proficiency in the use of data analytics and AI application.

Responsibilities

• As an AML Champion, answering enquiries from IBG colleagues, or assisting frontline on AML/CFT related enquiries.
• Providing country feedbacks to the revisions to local and Group AML/CFT CDD standards and AML/CFT systems.
• Updating the AML procedures and guidelines within IBG, enhancement of KYC System concerning governance & controls matters.
• Assisting in formulating internal workflow and recommendations for improvement with the relevant stakeholders related to AML/CFT updated policies and/or risk controls.
• Reviewing, analyzing and communicating AML/CFT management information, and Reporting results of AML/CFT risk management reviews and identifying key areas of improvement.
• Liaising with FCSS and Compliance with KYC process and AML monitoring.
• Monitoring remedial actions for the identified deficiency in AML/CFT and risk controls that require remediation actions.
• Evaluating and communicating new laws and regulations and staying abreast of the AML/CFT regulations, development, and industry practice, at both local and international levels.
• Measuring and monitoring key risk indicators and issues to continuously improve AML control standards of IBG, and to report analysis and/or insight into the trend.
• Preparing and facilitating risk & control self-assessment (“RCSA”) and ensuring there are appropriate rectifications and follow up actions

Skills

Analytical skills

Problem-solving

Organizational skills

Time management

Communication skills

Interpersonal skills

Frontline and governance experience

Data analytics and AI applications

Education

University degree in Law, Banking, Finance or business-related

Job description

DBS Bank in Hong Kong is seeking an experienced AML Compliance professional to ensure IBG staff adhere to internal AML risk and compliance policies, external regulations and industry best practices. You will champion AML/CFT inquiries, assist frontline teams and contribute to updates of CDD standards and KYC governance within IBG.

The role requires a university degree in law/finance, 8+ years in banking with AML/CDD/KYC experience, strong analytical and communication skills, and a proven