Sanctions compliance, AVP

A regional bank is seeking for sanctions professional to join their Financial Crime Compliance department.

Job Responsibilities:

• Assist in establishing and documenting the bank-wide AML/CFT & Sanctions policies and procedures in accordance with the statutory, regulatory and internal requirements;
• Interacting with relevant teams to raise awareness of Sanctions trends, emerging issues, remedial actions or enhancements to the program;
• Review procedural manuals escalated by business, operations/IT divisions or functions related to AML/CFT & Sanctions;
• Provide advisory support on AML/CFT & Sanctions issues and coordinate process changes as a result of regulatory / policy changes;
• Conduct risk assessments and provide strategic guidance on sanctions compliance matters;
• Organise and prepare AML/CFT & Sanctions training materials on a regular and ad hoc basis;
• Review product risk assessment and suggest appropriate solutions from AML/CFT & Sanctions perspectives;
• Participate in FCC review and audits conducted by internal or external regulators and consultants;
• Design, develop & devise effective sanctions compliance program for the branch;
• Ensure the implementation of a clear process for decision making in respect of compliance issues, including a clear escalation process which sets out the reporting mechanism to the senior management;
• Lead and mentor a team of compliance professionals

Requirements:

• Bachelor’s Degree or above in Accounting/ Finance/ Business/ Legal/ Economics or related disciplines;
• ACAMS Certification (or equivalent): Certified Anti-Money Laundering Specialist (CAMS), Certified Global Sanctions Specialist (CGSS);
• 6-8 years' experience in in sanctions compliance within the banking industry;
• In-depth knowledge of international sanctions regulations, including OFAC, UN, EU, UK;
• Strong analytical, problem-solving, and decision-making skills;
• Excellent leadership and communication abilities;
• Proficiency in English and Cantonese.