Regional Transaction Monitoring Compliance Officer
Standard / Permanent
HK-Hong Kong (HK)-Hong Kong
COMPLIANCE AND PERMANENT CONTROL
- Assist with the development and ongoing maintenance of a risk scenario based Account and Transaction Ongoing Monitoring (“ATOM”) tool.
- Participate in User Testing Assessment as and when required as part of ACTIMIZE deployment within Asia Pacific.
- Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.
- Investigate and assess alerts for potential money laundering risk in the Bank.
- Assist Country Compliance to ensure all management reporting is complete, timely and accurate.
- Obtain documentary proof of suspicious activities and/or transactions and ensure effective record keeping of suspicious transaction identified and reported to Country/Regional AML Compliance.
- Ensure efficient identification and monitoring of suspicious activities and transactions.
- Ensure timely, efficient reporting of suspicious activities and/or transactions to the Country AML Compliance for further escalation to the Regional Head of AML/CTF & Sanctions Compliance, Asia Pacific to determine materiality for SAR/STR filing.
- Assist in identifying systemic procedural weaknesses and additional training requirements especially on identification and reporting of suspicious activities and/or transactions for the Bank.
- At least 5 years of working experience with 3 years of post-transaction monitoring experience. Candidates with less experience may be considered Analyst role.
- Good general knowledge of the international financial sanctions laws and regulations in an international financial institution or a regulatory body in Asia Pacific is preferred.
- Must have strong interpersonal skills, a flexible, collaborative and team-oriented approach to problem-solving and an ability to work in a fast-paced, rapidly changing environment, and preferably with some experience of dealing in multiple countries in Asia Pacific.
- An ability to write concisely and clearly; and to produce clear constructive advice under pressure and within short timeframes.
- Must have a strong attention to detail and have an investigative and questioning mind-set.
- Ideally be flexible and have a hands-on in work style, with the ability to work independently to carry out projects.
- Ideally be familiar with navigating the operational tools which support Sanctions Compliance controls.
- Bachelor's degree or equivalent from an accredited institution (e.g. ICA or ACAMS). Post-graduate degree or law degree may be a plus.
- Asian language capability, especially in Mandarin is desirable, but not essential.