Senior Compliance Manager / Compliance Manager, AML Advisory

Fubon Bank (Hong Kong) Limited; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

Fubon Bank (Hong Kong) Limited seeks a Senior Compliance Manager / Compliance Manager, AML Advisory, to provide risk-based advisory on AML/CFT and sanctions frameworks. The role collaborates with business units to identify and mitigate financial crime risks while enhancing policies and controls.

The candidate should have a university degree in a relevant field, at least five years’ AML/CFT experience, and professional AML certification (e.g., CAMS/AAMLP).

Qualifications

• University degree in Accounting, Finance, Law, Risk Management, Business Administration or a related discipline.
• At least five years of AML/CFT, sanctions and compliance advisory experience.
• Professional qualification such as AAMLP, CAMS or another recognised AML or compliance certification.
• Sound knowledge of AML/CFT and sanctions regulatory requirements and industry practices.
• Good understanding of money laundering, terrorist financing and sanctions risks in banking.

Responsibilities

• Provide timely and practical advisory support on AML/CFT, sanctions and related regulatory compliance matters.
• Assess and provide guidance on customer onboarding, periodic reviews, trigger events, enhanced due diligence cases, politically exposed persons and other higher-risk customer relationships.
• Review complex AML/CFT and sanctions matters escalated by business units and stakeholders, providing clear recommendations and appropriate challenge.
• Interpret applicable laws, regulations, regulatory guidance and industry developments, and provide risk-based advice to support sound business decisions.
• Conduct and review risk assessments relating to customers, products, services, delivery channels and jurisdictions, recommending appropriate mitigating measures.
• Assess new products, services, business initiatives and strategic projects to identify AML/CFT and sanctions implications.
• Support the development, implementation and enhancement of AML/CFT and sanctions policies, standards, procedures and control frameworks.
• Provide advisory support on customer, transaction and jurisdictional sanctions risks, including escalated sanctions-related cases.
• Monitor regulatory developments, emerging risks and industry trends, assess their impact on the Bank, and support appropriate policy and control enhancements.
• Support regulatory examinations, internal audits, thematic reviews, compliance assessments and enquiries from regulators, auditors and other stakeholders.
• Deliver training and awareness programmes to promote understanding of AML/CFT and sanctions requirements across the Bank.
• Participate in AML/CFT and sanctions-related systems and RegTech enhancement initiatives.
• Lead or participate in regulatory change, framework enhancement and other compliance-related projects and initiatives.

Skills

AML/CFT advisory

Sanctions knowledge

Regulatory compliance

Policy development

Education

Accounting/Finance/Law degree

Job description

Senior Compliance Manager / Compliance Manager, AML Advisory

Provide trusted, practical and risk-based advisory support to business and support functions on AML/CFT, sanctions and related regulatory compliance matters. The role partners closely with stakeholders across the Bank to identify, assess and manage financial crime risks in accordance with applicable laws, regulations, regulatory expectations and the Bank's risk appetite, while supporting the ongoing enhancement of the Bank's AML/CFT and sanctions compliance framework.

Key responsibilities

Provide timely and practical advisory support on AML/CFT, sanctions and related regulatory compliance matters.

Assess and provide guidance on customer onboarding, periodic reviews, trigger events, enhanced due diligence cases, politically exposed persons, adverse media concerns and other higher-risk customer relationships.

Review complex AML/CFT and sanctions matters escalated by business units and stakeholders, providing clear recommendations and appropriate challenge.

Interpret applicable laws, regulations, regulatory guidance and industry developments, and provide risk-based advice to support sound business decisions.

Conduct and review risk assessments relating to customers, products, services, delivery channels and jurisdictions, recommending appropriate mitigating measures.

Assess new products, services, business initiatives and strategic projects to identify AML/CFT and sanctions implications.

Support the development, implementation and enhancement of AML/CFT and sanctions policies, standards, procedures and control frameworks.

Provide advisory support on customer, transaction and jurisdictional sanctions risks, including escalated sanctions-related cases.

Monitor regulatory developments, emerging risks and industry trends, assess their impact on the Bank, and support appropriate policy and control enhancements.

Support regulatory examinations, internal audits, thematic reviews, compliance assessments and enquiries from regulators, auditors and other stakeholders.

Deliver training and awareness programmes to promote understanding of AML/CFT and sanctions requirements across the Bank.

Participate in AML/CFT and sanctions-related systems and RegTech enhancement initiatives.

Lead or participate in regulatory change, framework enhancement and other compliance-related projects and initiatives.

Perform other duties and responsibilities as required.

What we're looking for

University degree in Accounting, Finance, Law, Risk Management, Business Administration or a related discipline.

At least five years of relevant experience in AML/CFT, sanctions and compliance advisory within a bank, regulatory authority or other financial institution.

Professional qualification such as AAMLP, CAMS or another recognised AML or compliance certification.

Sound knowledge of AML/CFT and sanctions regulatory requirements and industry practices.

Good understanding of money laundering, terrorist financing and sanctions risks in the banking industry.

Ability to provide practical, risk-based advice on complex compliance matters.

Experience in policy development, risk assessment, regulatory change management and compliance system enhancement initiatives is an advantage.

Fubon Bank, an identity that reflects the commitment of providing customers with Value Banking Service - "Get More than You Expect" , is also a leading distributor of investment solutions and services, supported by a broad range of products, a talented and dynamic team. In line with our business expansion, we are inviting committed professionals to join our team. If you have the passion and belief that you can grow with our business, and contribute to our success, capitalize on this career opportunity.

Fubon Bank, an identity that reflects the commitment of providing customers with Value Banking Service - "Get More than You Expect" , is also a leading distributor of investment solutions and services, supported by a broad range of products, a talented and dynamic team. In line with our business expansion, we are inviting committed professionals to join our team. If you have the passion and belief that you can grow with our business, and contribute to our success, capitalize on this career opportunity.