Description

• Implement and monitor the Bank's sanctions compliance program, ensuring adherence to all relevant statutory, regulatory, Head Office, and internal sanctions requirements.
• Design and maintain robust control frameworks to identify, assess and manage sanctions risk across the Bank.
• Provide timely response to sanctions related exceptions, recommend control measures and ensure prompt reporting to Senior Management.
• Review and approve sanctions policies and procedural manuals to reflect evolving legal and regulatory developments.
• Provide constructive advice and guidance on sanctions matters, conduct investigations and perform sanction exposure reviews to safeguard the Bank against regulatory and reputational risks.
• Review and approve sanctions compliance reports for Senior Management, Head Office, regulators, auditors and other stakeholders.
• Oversee the timely review and approval of sanctions screening alerts related to customers, transactions, and payments.
• Administer and maintain sanctions watchlists, ensuring accurate and timely updates to screening system.
• Conduct regular testing, tuning and validation of screening systems. Identify and recommend solutions to screening rules and parameters.
• Design, organize and deliver comprehensive sanctions compliance training programs across the Bank.
• Respond to ad-hoc inquiries from regulators, internal and external audits, and monitor the follow up progress on remediation.

• Bachelor's degree or above in Accounting, Finance, Law, Risk Management or related discipline
• At least 10 years of experience in AML and Sanctions Compliance
• Strong in-depth knowledge of global sanctions regimes to ensure awareness and accurate application of relevant regulatory requirements
• Extensive experience in Sanctions compliance risk management and process
• Excellent communication, interpersonal, problem solving and leadership skills
• Self-initiative, able to work independently and under pressure
• Relevant qualification in AML or Sanctions (e.g. AAMLP, CAMLP, CAMS or CGSS) is preferred
• Excellent written and spoken Chinese (Mandarin and Cantonese) and English