Assistant Vice President, AML Quality Assurance Testing – Controls and Compliance Group

  • Negotiable
  • Hong Kong
  • Permanent, Full time
  • China CITIC Bank International Limited
  • 18 Apr 19

Assist the Team Head of AML Policy Assurance & Project Governance to establish, coordinate, monitor, assure and review the internal AML and Sanctions compliance controls, projects, policy, and mechanism of the Bank and CNCBI group to ensure adherence to relevant statutory and regulatory requirements in relation to Anti-Money Laundering and Counter-Terrorist Financing, FATCA and OECD AEOI.

Key Responsibilities
• Assist the Team Head in developing, implementing and enforcing an adequate and consistent bank-wide AML compliance framework including preparing, maintaining, reviewing and improving current policies, regulations, guidelines, code of conduct and standards of good practice applicable to the Bank from AML and Sanctions perspective
• Work closely with global and local business units, subject matter experts of AML system IT or other AML project stakeholders to maintain and set standard for the conduction of AML Compliance Monitoring Program and enhance the performance of AML Compliance via quality assurance testing
• Coordinate and review the relevant bank-wide and group wide policies and guidelines to facilitate all business units and support units in the Bank to understand the relevant AML/Sanctions statutory and regulatory requirements and implement them in an effective and efficient way
• Conduct AML/Sanctions related quality assurance reviews and assessments to ascertain compliance to latest regulatory and Group’s AML/Sanctions requirements
• Coordinate the relevant examination and/or review being conducted by regulators, external consultants or auditors

• Degree holder preferably in Law, Accounting or related disciplines
• Holder of Associated AML Professional (AAMLP) under the HKMA ECF on AML/CFT is preferred
• Minimum 5 years’ experience in legal, general audit, banking or compliance with at least 2 years’ solid experience in AML/CFT, especially in regional and country project, KYC or assurance area in a sizable international financial institution
• Good knowledge in banking laws, operations, products and services
• Expertise in AML/CFT regulations and practices and have good understanding on regulators’ expectation
• Well-versed with the market trend and situation regarding AML/CFT locally and worldwide
• Good command of written and spoken English and Chinese (including Putonghua)