AML transaction monitoring, Associate / AVP

An European bank is looking for an AML candidate to join their AML team, to continue rolling out best compliance practices across the bank.

Key Responsibilities:

• Oversee the daily processes for managing alerts related to payments, sanctions, PEP, and adverse media screening, as well as transaction monitoring and trade finance transaction controls.
• Conduct quality assurance on the work performed by the Financial Crime Operations team.
• Coordinate with the Compliance function to advise and support the Business in ensuring robust AML/KYC policies, standards, procedures, systems, and controls are in place.
• Monitor business activities and ensure they align with local regulations and Group policies.
• Develop and support the AML management information, risk analytics, and metrics to ensure that risk issues are highlighted, reviewed, and appropriately escalated.
• Track and evaluate the fulfilment status of supervisory opinions, requirements, internal/external audit recommendations, and other relevant Group assessments.

Requirements:

• Bachelor degree in any disciplines, preferably in Legal, Accounting, Finance and Business
• Minimum 5 years of experience in AML/KYC within the banking or financial services industry
• Thorough understanding of AML regulations, policies, and best practices in the Asia region
• Strong analytical and problem-solving skills, with the ability to identify and mitigate risks
• Excellent communication and stakeholder management capabilities
• Strong oral and written communication skills in English and Chinese