Senior Manager, Business Compliance & Operation Risks (Private Banking)

Bank of China (Canada); Hong Kong; On-site; HKD 1,100,000 - 1,800,000; Full time

Job summary

Bank of China (Malaysia) Berhad in Hong Kong seeks a Senior Manager to lead Business Compliance & Operation Risks within Private Banking. The role focuses on AML, Financial Crime, and risk reviews, ensuring adherence to internal and regulatory requirements.

The candidate will review KYC, conduct monitoring, coordinate with second line, and prepare management reports. Requires 6+ years in banking, bilingual English/Chinese, and HKMA/SFC familiarity.

Qualifications

• Degree or above in a related field.
• Experience in AML, financial crime and private banking risk.
• Bilingual in English and Chinese is required.

Responsibilities

• Act as first line of defense for AML/Financial Crime risk monitoring and reviews.
• Review KYC profiles and account opening documents for compliance.
• Conduct periodic and ad hoc monitoring and transaction reviews.
• Lead regulatory reporting and collaborate with second line of defense.
• Conduct staff training to promote compliance culture.
• Investigate unusual client activities and drive remediation.
• Lead a team to deliver compliance and risk management tasks.

Skills

AML Compliance

Regulatory Knowledge

Risk Management

Analytical Skills

English & Chinese

Education

Bachelor's degree in Finance/Accounting/Related

HKIB ECF preferred

Job description

Senior Manager, Business Compliance & Operation Risks (Private Banking)

Job No.: 500180

Employment Type: Full time

Departments: Private Banking

Job Functions: Risk Management

Responsibilities:

• Act as first line of defense to conduct AML/Financial Crime/ Fraud risk related transaction monitoring and business review to ensure adherence to internal/external requirements, identify possible AML/Financial Crime/ Fraud risks, prepare management report(s) and provide recommendations to mitigate relevant risks
• Review KYC profiles, account opening / review documents
• Conduct AML/Financial Crime/ Fraud risk related periodic and ad hoc monitoring/transaction review
• Work closely with business and second line of defense to implement regulatory and internal requirements on the private banking business
• Conduct regular and ad hoc self-assessment, gap analysis, survey, independent review against various AML related internal and/or regulatory requirements. Recommend follow up action to close the gaps where applicable
• Prepare regular (monthly/quarterly/annually) and ad hoc internal reporting to senior management, second line of defense
• Conduct quality assurance tasks over the relevant procedures
• Investigate unusual client’s activities
• Conduct staff training to promote compliance culture
• Work on regulatory reporting matters, internal / external review or audit including coordinate with other departments, prepare response and carry out the relevant enhancements
• Assist on other ad hoc tasks as assigned
• Lead a team to deliver the above responsibilities

Requirements:

• Degree or above
• 6+ years working experience in banking and finance, at least 2 years in relevant private banking AML Compliance.
• Independent, excellent analytical, time management and interpersonal skills, with ability to prioritize tasks
• Proficient in written, spoken English AND Chinese
• Familiar with HKMA/SFC regulatory requirements
• Sound judgement on business practices, and strong compliance reflex.
• Professional Accreditation such as Enhanced Competency Framework (ECF) under the Hong Kong Institute of Bankers (HKIB) would be an advantage.