Team Head, AML

Responsibilities:

• Collaborate closely with the AML Compliance Officer to support the effective implementation of the bank’s AML/CTF framework.
• Act as the bank’s primary point of contact with the Joint Financial Intelligence Unit (JFIU) and law enforcement agencies regarding suspicious transactions, intelligence sharing, and financial crime investigations.
• Review, evaluate, and act as the final approver for all Suspicious Transaction Reports (STRs), ensuring high quality, accuracy, and timely submission to the JFIU.
• Develop, maintain, and update the operational procedures, workflows, and manuals specifically relating to transaction monitoring, investigations, and STR reporting.
• Oversee the performance of AML TM systems, collaborate with system vendors, IT, and data scientists to ensure systems are effectively calibrated, tuned, and tested (e.g., UAT for system enhancements).
• Provide specialized advisory support to business units and front-line staff on complex transaction monitoring alerts and the identification of suspicious activities.
• Prepare regular and comprehensive Management Information (MI) reports concerning TM alerts, STR filing trends, and investigation metrics for the AML Compliance Officer and senior management.
• Handle regulatory and law enforcement inquiries, production orders, and special assignments as needed.
• Handle special assignments as needed.

Requirements:

• Bachelor’s Degree or above in Finance, Law, Business Administration, or a related discipline.
• Minimum 12 to 15 years of relevant experience in the banking industry, with a strong specialized focus on AML investigations, transaction monitoring, and STR reporting within a retail bank.
• Professional certification such as CAMS, CAMLP, or equivalent is highly preferred.
• In-depth knowledge of Hong Kong AML/CTF laws and regulatory guidelines (e.g., HKMA requirements), with a specific expert understanding of JFIU reporting expectations and investigation best practices.
• Excellent analytical and decision-making skills, with the ability to exercise sound judgment in complex financial crime investigations.
• Strong leadership and communication skills, with the ability to negotiate and collaborate effectively with internal stakeholders, the AML Compliance Officer, and external law enforcement.
• Attentive to details, highly resilient, and able to manage multiple investigative tasks simultaneously under tight timelines and strict confidentiality.
• Good command of written and spoken English and Chinese (including Putonghua).

The data collected would be used solely for recruitment purposes. Applicants who do not receive a response from us within 2 months may consider their application unsuccessful, and their data will be destroyed within 12 months of receipt.