Senior AML & Fraud Risk Leader | Deputy MLRO

Chiyu Banking Corporation Limited; Hong Kong; On-site; HKD 1,200,000 - 1,800,000; Full time

Job summary

Chiyu Banking Corporation Limited in Hong Kong is seeking a senior AML/Financial Crime leader to assist the Head of AML, oversee daily operations, and manage the AML & Financial Crime unit.

You will act as Deputy MLRO, supervise STR/SAR reporting to JFIU, develop sanctions and anti-fraud frameworks, and collaborate with business units to educate customers and staff. The role requires strong leadership, English and Chinese fluency, and a track record in risk management and regulatory compliance.

Qualifications

• University degree in Law, Finance, Business, Risk Management, Criminology or related disciplines.
• CAMS or other recognised AML/financial crime professional qualifications preferred
• HKIB banking professional qualifications such as ECF and/or CB preferred
• Minimum 6–8 years of AML/CFT and/or financial crime compliance experience in banking/financial institutions, with at least 3 years in managerial role
• Strong experience in fraud prevention, detection and investigation and sanctions risk management is highly preferred
• Solid understanding of common fraud typologies, sanctions evasions technique and related red-flag indicators
• Strong analytical, investigation, report writing and sound judgement skills
• Excellent command of written and spoken English and Chinese (Cantonese & Putonghua)
• Proven leadership, stakeholder management, change management and project delivery capabilities
• Mature, proactive, detail-oriented, high integrity with strong commercial awareness

Responsibilities

• Assist the Head of AML in leading and managing the AML & Financial Crime unit, including daily operations, team leadership and performance management
• Act as Deputy Money Laundering Reporting Officer (MLRO) and support the MLRO in discharging statutory and regulatory duties
• Oversee the detection, investigation, escalation and reporting of suspicious transactions (STRs/SARs) to JFIU with high quality and within regulatory timelines
• Develop, implement and continuously enhance the Bank’s sanctions risk management framework, including sanctions screening processes, list management, hit resolution / escalation procedures
• Drive the development and enhancement of fraud prevention and detection strategies, controls and early warning mechanisms in alignment with HKMA’s Guideline on Prevention of Money Laundering & Terrorist Financing and the latest anti-fraud expectations
• Collaborate closely with business units, operations, digital banking, fraud operations and customer contact centre to implement effective anti-fraud measures, customer education and scam response protocols
• Develop and deliver comprehensive training programs on AML/CFT, anti-fraud topics and sanctions compliance for staff at all levels
• Keep abreast of the latest money laundering, terrorist financing and fraud trends, typologies, sanctions developments, virtual asset risks and regulatory updates

Skills

AML/CFT

Fraud prevention

Leadership

Stakeholder management

Investigation

Report writing

Analytical skills

Project delivery

Bilingual English/Chinese

Education

University degree in Law, Finance, Business, Risk Management, Criminology or related disciplines

Job description

Chiyu Banking Corporation Limited has been registered as a licensed bank since 1947. Rooted in Hong Kong, we strive to provide one-stop cross-border banking and financial services to customers in Hong Kong, mainland and overseas Chinese. Riding on the edge of the Hong Kong and Fujian business and our cross-border platform, we will continuously maintain its core values of “Sincerity, Flexibility, Tailor-made Service and Professionalism” and provide premium services to our customers to help growing their wealth, and to create values and deliver returns to our stakeholders and staff.

We believe that employees are valuable asset of the company. We offer stimulating careers that will further your personal growth. Come join us for the following position.

Job Description

• Assist the Head of AML in leading and managing the AML & Financial Crime unit, including daily operations, team leadership and performance management
• Act as Deputy Money Laundering Reporting Officer (MLRO) and support the MLRO in discharging statutory and regulatory duties
• Oversee the detection, investigation, escalation and reporting of suspicious transactions (STRs/SARs) to JFIU with high quality and within regulatory timelines
• Develop, implement and continuously enhance the Bank’s sanctions risk management framework, including sanctions screening processes. List management, hit resolution / escalation procedures
• Drive the development and enhancement of fraud prevention and detection strategies, controls and early warning mechanisms in alignment with HKMA’s Guideline on Prevention of Money Laundering & Terrorist Financing and the latest anti-fraud expectations
• Collaborate closely with business units, operations, digital banking, fraud operations and customer contact centre to implement effective anti-fraud measures, customer education and scam response protocols
• Develop and deliver comprehensive training programs on AML/CFT, anti-fraud topics and sanctions compliance for staff at all levels
• Keep abreast of the latest money laundering, terrorist financing and fraud trends, typologies, sanctions developments, virtual asset risks and regulatory updates
  
  

Requirements

• University degree in Law, Finance, Business, Risk Management, Criminology or related disciplines
• Holder of CAMS (Certified Anti-Money Laundering Specialist) or other recognised AML/financial crime professional qualifications preferred
• HKIB banking professional qualifications such as Enhanced Competency Framework (ECF) and/or Certified Banker (CB) preferred
• Minimum 6–8 years of solid experience in AML/CFT and/or financial crime compliance in banking/financial institutions, with at least 3 years in managerial / team leadership role
• Strong experience in fraud prevention, detection and investigation and sanctions risk management is highly preferred
• Solid understanding of common fraud typologies, sanctions evasions technique and related red-flag indicators
• Strong analytical, investigation, report writing and sound judgement skills
• Excellent command of written and spoken English and Chinese (Cantonese & Putonghua)
• Proven leadership, stakeholder management, change management and project delivery capabilities
• Mature, proactive, detail-oriented, high integrity with strong commercial awareness
  
  

We offer competitive packages and promising career opportunities to the right candidates. Please send your full resume with current salary, expected salary and the date of availability to Human Resources Department, Chiyu Banking Corporation Ltd, 8/F, Chiyu Bank Building, No. 78 Des Voeux Road Central, Central, Hong Kong or fax to 2986-3233 or by clicking Apply Now.

Information provided will be treated in strict confidence and only be used for recruitment purposes. All personal data of unsuccessful applicants will be destroyed after the recruitment exercise. A copy of Personal Information Collection Statement is available upon request.