Description

This role focuses on AML compliance, regulatory oversight, internal controls, risk management, and client due diligence while working closely with internal stakeholders and regulatory bodies. It offers excellent career development opportunities within a collaborative and highly regulated environment.

Key responsibilities:

As an Anti-Money Laundering Compliance Specialist, you will ensure regulatory compliance, strengthen internal controls, and support AML risk management across Wealth Management and Private Banking operations.

• Coordinate and implement internal and external compliance requirements across Wealth Management and Private Banking operations, ensuring adherence to regulatory standards and internal controls
• Oversee compliance risk governance activities, including planning and executing annual compliance and internal control audit programmes
• Review account opening documentation, client due diligence reports, and risk assessments to ensure compliance with KYC, AML, and CTF requirements, while advising Relationship Managers on regulatory matters
• Monitor, investigate, and escalate suspicious transaction alerts, prepare Suspicious Transaction Reports (STRs), and perform ongoing AML compliance monitoring
• Provide compliance and internal control guidance on policy development, workflow enhancements, and regulatory matters, collaborating closely with Legal, Risk, Operations, and business teams
• Support departmental initiatives and complete ad hoc assignments as required by management

Candidate profile:

The ideal candidate is an experienced compliance professional with strong AML expertise, regulatory knowledge, and the ability to collaborate effectively across multiple stakeholders within wealth management and private banking.

• Bachelor's degree or above in Law, Auditing, Finance, FinTech, or a related discipline
• Minimum 3 years of experience in private banking compliance, AML, internal controls, or related functions; experience in wealth management and SFC/IA-regulated activities is highly preferred
• Strong knowledge of private banking regulations, compliance risk governance, internal control frameworks, and operational risk management
• Solid understanding of HKMA, SFC, and IA regulatory requirements, with experience supporting compliance reviews, audits, and regulatory inspections
• Proven expertise in AML regulations, client due diligence (CDD), KYC processes, suspicious transaction monitoring, and AML system operations within a banking environment
• Excellent analytical, organisational, communication, and report-writing skills, with strong attention to detail and sound judgment
• Proficient in data analysis and computer applications; able to work effectively in English, with Mandarin and/or Cantonese proficiency preferred
• Demonstrates accountability, teamwork, adaptability, and the ability to perform effectively in a fast-paced, high-pressure environment

About the company:

A financial services institution operating in the banking industry, providing a range of corporate and retail banking solutions, treasury services, and cross-border financial support, distinguished by its strong regulatory focus, stability, and client-oriented service approach.

Keywords: compliance, internal control, regulatory, AML, private banking, risk management

What's next:

If you are ready to advance your compliance career within a leading wealth management environment, apply now!