CLIENT BACKGROUND
Our client is a leading financial services firm, providing a wide range of investment products and services to individual and institutional clients. We are seeking an experienced and strategic leader to serve as the Head of Anti-Money Laundering (AML) in Hong Kong. In this critical role, you will be responsible for overseeing all AML compliance activities and ensuring the firm maintains the highest standards of regulatory adherence.
JOB RESPONSIBILITY
- Establishing and maintaining robust AML policies, procedures, and controls to identify, assess, and mitigate money laundering and terrorist financing risks.
- Implementing and managing know-your-customer (KYC) and customer due diligence (CDD) processes to onboard and monitor clients.
- Conducting risk assessments, transaction monitoring, and suspicious activity reporting to the relevant authorities.
- Providing training and guidance to employees on AML compliance requirements and best practices.
- Serving as the primary liaison with regulatory bodies, auditors, and external partners on AML-related matters.
- Continuously reviewing and updating the AML program to adapt to changes in regulations, industry practices, and emerging threats.
- Collaborating with other risk management and compliance functions to ensure a comprehensive approach to financial crime prevention.
JOB REQUIREMENTS
- 10 years of experience in AML compliance, preferably in the financial services industry, with a proven track record of leading and managing AML programs.
- Strong understanding of AML laws and regulations applicable to the financial market, including the Anti-Money Laundering Law, Regulations on the Administration of Financial Institutions' Reporting of Large-Value Transactions and Suspicious Transaction Reports, and related guidelines.
- Excellent analytical and problem-solving skills, with the ability to identify and mitigate complex financial crime risks.
- Effective communication and collaboration skills to work with cross-functional teams and liaise with regulatory authorities.
- Fluency in Mandarin Chinese and English, both written and verbal.
- Relevant professional certifications, such as CAMS (Certified Anti-Money Laundering Specialist), are highly desirable.
