WeLab Bank - Manager, AML Compliance

WeLab; Hong Kong; On-site; HKD 600,000 - 1,000,000; Full time

Benefits offered by this job

Learning and development stipend

Wellness and happiness programs

Open plan office with free food andDrn

Job summary

WeLab is seeking a seasoned AML/CFT advisor to support the Supply Chain Finance and banking operations in Hong Kong. You will collaborate with Credit, Operations, Legal, and SCF teams to strengthen regulatory alignment, enhance controls, and ensure consistent application of policy across the client lifecycle.

The role requires strong written and verbal communication in English and Chinese, the ability to manage complex investigations, document findings clearly, and deliver timely risk-based

Qualifications

• University degree in Finance, Accounting, or related discipline.
• Around 5 years’ relevant experience in banking or corporate lending; exposure to compliance or risk control is preferred.
• Good knowledge of AML laws, regulations, and financial crime frameworks.
• Strong communication, analytical, and interpersonal skills, with sound business judgment.
• Proficiency in English and Chinese.

Responsibilities

• Provide AML/CFT advisory support to the SCF business, ensuring alignment with regulatory expectations and risk appetite.
• Identify and document high-risk client categories (e.g., high-risk entities, PEPs) and prepare recommendations for management approval.
• Collaborate with Credit, Operations, Legal, and SCF teams to resolve financial crime compliance matters and ensure consistent AML control application.
• Assess and elevate transaction monitoring alerts or internal referrals, determining if enhanced review or STR filing is required.
• Conduct screening and investigative reviews for PEP, sanctions, and adverse news alerts, determining true matches and recommending risk mitigation.
• Embed end-to-end due diligence controls throughout the SCF client lifecycle.
• Benchmark practices against industry standards and engage in relevant industry forums.
• Enhance SCF compliance processes, including due diligence, onboarding, risk assessment, and transaction monitoring.
• Prepare and submit STRs in a timely manner, ensuring regulatory alignment.
• Interpret and implement regulatory changes related to AML/CFT, ensuring timely updates to processes.
• Monitor AML control performance, conduct thematic reviews, and elevate gaps or emerging risks.

Skills

AML/CFT advisory

Regulatory knowledge

Communication

Analytical

Problem solving

Ownership mindset

Project management

English

Chinese

Education

University degree in Finance/Accounting

Job description

WeLab, a leading pan-Asian fintech platform, operates two digital banks (WeLab Bank and Bank Saqu) as well as multiple online financial services in Hong Kong, Mainland China, and Indonesia, with over 70 million individual users and over 700 enterprise customers. WeLab uses game-changing technology to help users access credit, save money, and enjoy their financial journey.

At WeLab, we always put our people first. Embarking on a career with WeLab means being part of the driving force to make financial services accessible for everyone. In our flat and agile organization, you will get all the opportunities to make real impacts and deliver change. Most importantly, while you achieve greatness, we will ensure you have an amazing experience at WeLab!

Our team is energetic and passionate who can deliver and execute, and we are looking for intellectually curious, open-minded, and smart-working individuals who are just as passionate as we are about making financial services enjoyable.

Join us to build a better financial future for everyone!

About You:

• You're a go-getter with mad juggling skills (or multiple hats) who can thrive in a fast-paced, agile environment
• You enjoy doing purpose-led and meaningful work
• You have a strong thirst for knowledge and are driven to find solutions that don't exist yet
• You are comfortable with ambiguity and extremely resourceful (in your past life, you could've been a detective)
• You always find a way to get things done without sacrificing the quality of your work, integrity, and values
• No task is off limits for you
• You are humble and prioritize the success of the team over your own with an eagerness to help those around you
• You don't shy away from challenges and can bounce back from setbacks

What you’ll do and what success looks like in this role:

• Provide AML/CFT advisory support to the Supply Chain Finance (SCF) business, ensuring alignment with regulatory expectations and the bank’s risk appetite
• Identify and document high-risk client categories (e.g., high-risk entities, PEPs) and prepare recommendations for management approval
• Collaborate with key stakeholders across Credit, Operations, Legal, and SCF teams to resolve financial crime compliance matters and ensure consistent AML control application
• Assess and elevate transaction monitoring alerts or internal referrals, determining if enhanced review or STR filing is required
• Conduct screening and investigative reviews for PEP, sanctions, and adverse news alerts, determining true matches and recommending appropriate risk mitigation
• Embed end-to-end due diligence controls throughout the SCF client lifecycle
• Benchmark practices against industry standards and engage in relevant industry or multistakeholder forums
• Enhance SCF compliance processes, including due diligence, onboarding, risk assessment, and transaction monitoring
• Prepare and submit STRs in a timely manner, ensuring clear documentation and regulatory alignment
• Interpret and implement regulatory changes related to AML/CFT, ensuring timely updates to business processes
• Monitor AML control performance, conduct thematic reviews, and elevate gaps or emerging risks as appropriate
• Review CDD and EDD quality for SCF clients to ensure adherence to AML standards and internal policies

What is required and what we’re looking for:

• University degree in Finance, Accounting, or a related discipline
• Around 5 years’ relevant experience in banking or corporate lending; exposure to compliance or risk control is preferred
• Good knowledge of AML laws, regulations, and financial crime frameworks
• Strong understanding of banking products and regulatory requirements; experience in corporate banking, financial crime compliance, or operational risk is an advantage
• Strong communication, analytical, and interpersonal skills, with sound business judgment.
• Proven problem-solving skills and a structured, logical approach to work
• Strong sense of ownership and service mindset, with the ability to deliver effectively under pressure and manage shifting priorities
• Project management skills are an added advantage
• Proficiency in English and Chinese
• Candidates with less experience may be considered as Assistant Manager

Perks and Benefits to enrich your experience at WeLab:

• Learning and development stipend - we value lifelong learning and believe the best way to invest in our employees is to encourage them to continue to learn
• Wellness and happiness - Numerous activities to let you focus on your physical and mental wellbeing. We allow flexible time offs to take care of personal matters and to enjoy time with family and friends
• Comfortable and positive work environment - Open plan office for easy collaboration and social with your colleagues, or branch out into your own thinking pods when needed, with FREE food and drinks for when you want to recharge
• Work smart, play hard - Connect with your colleagues over food and drinks at the stocked pantry, in the spacious social area with board games and a ping pong table, or over activities like hiking, yoga, badminton, etc.
• A big and contagious smile on everyone’s face to make you happier :)
  

WeLab’s Awards & Recognitions:

• Asia Banking FinanceRetail Banking Awards:Virtual Bank of theYear-Hong Kong
• CNBC Disruptor 50:the only Hong Kong-based company on the list
• Financial TimesAsia-Pacific High-Growth Companies:#2in ranking
• The Chinese University of Hong Kong"Corporate Innovation Index":#1inranking