AML compliance, VP

A leading financial services firm is seeking a highly skilled and experienced Deputy Head of AML to join their compliance team. The ideal candidate will assist the Head of AML in overseeing the firm’s anti-money laundering programs, ensuring compliance with all relevant regulations and guidelines. This role involves implementing effective AML strategies, conducting risk assessments, and providing guidance to the organisation on AML-related matters.

Key Responsibilities:

• Compliance Oversight: Support the Head of AML in developing, implementing, and maintaining AML policies and procedures in accordance with regulatory requirements.

• Risk Assessment: Conduct regular risk assessments and analyses to identify potential AML risks and develop mitigation strategies.

• Monitoring and Reporting: Oversee transaction monitoring systems and ensure timely reporting of suspicious activities to the appropriate authorities.

• Training and Awareness: Develop and deliver AML training programs for staff to enhance awareness and understanding of AML regulations and compliance obligations.

• Collaboration: Work closely with various departments, including legal, operations, and risk management, to ensure a cohesive approach to AML compliance.

• Regulatory Liaison: Act as a point of contact for regulatory bodies during audits and examinations related to AML compliance.

• Continuous Improvement: Stay updated on AML regulations, industry best practices, and emerging trends to enhance the firm’s AML framework.

Qualifications:

• Bachelor’s degree in Finance, Business, Law, or a related field; a Master’s degree or relevant certification (e.g., CAMS, AAMLP) is preferred.

• Minimum of 10 years of experience in AML compliance, preferably within the financial services industry.

• Excellent analytical, organisational, and communication skills, with the ability to work collaboratively across teams.

• Proficiency in both Chinese and English is highly desirable.