Job description

The Senior AML Compliance Manager will support the MLRO in the prevention and detection of AML/CTF risks, ensuring these risks are effectively managed across the retail payment business.

The role will be responsible for developing, reviewing, and enhancing the firm's AML/CTF systems, standards, and control framework to ensure they remain up to date with statutory and regulatory requirements.

This role will also oversee key aspects of the SVF AML/CTF framework, including monitoring effectiveness, strengthening controls, leveraging data analytics, and adopting technology-driven solutions where applicable.

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Key Responsibilities

- Support the MLRO in the prevention and detection of AML/CTF risks, ensuring the firm's AML/CTF risks are adequately managed.

- Develop and continuously review the firm's AML/CTF systems, standards, procedures, and controls to ensure they remain up to date and meet local statutory and regulatory requirements.

- Oversee the firm's AML/CTF framework, including monitoring effectiveness and enhancing controls through data analytics and technology solutions where applicable.

- Review and approve EDD, TM alerts, and AML/CTF cases.

- Provide AML/CTF awareness and training to staff, ensuring understanding of relevant duties and legal obligations.

- Support governance activities and ensure accurate MI reporting to internal risk management committees, the board, and regulators.

- Maintain regular engagement and communication with local authorities, including law enforcement and HKMA, to support BAU activities.

- Ensure accurate and timely submission of Suspicious Transaction Reports.

- Facilitate new initiatives with relevant authorities.

- Provide AML advisory support for new product initiatives.

- Perform UAT and post-launch reviews following product launches.

- Conduct quality assurance reviews across end-to-end AML/CTF controls.

- Ensure SVF AML/CTF standards comply with local laws, and that any gaps or inadequacies are addressed in a timely manner.

- Monitor and escalate significant changes to money laundering risks affecting Hong Kong, including the development and performance of institutional AML/CTF risk assessments.

Job Requirement

Knowledge, Skills and Experience

- Bachelor's degree or above in Law, Finance, Accounting, Business, Risk Management, Compliance, or a related discipline.

- Strong experience in financial services and FCC management, preferably with at least 5-7 years of AML experience, including 1-2 years in a managerial or team leadership capacity.

- Good knowledge of local and international AML/CTF requirements.

- AML/CTF professional qualification such as HKIB AAMLP/CAMLP, ACAMS, or equivalent.

- Strong responsibility, organisational skills, and ability to work independently with minimal supervision.

- Strong drafting, communication, negotiation, and presentation skills.

- Practical judgement with the ability to provide clear and effective advice to business stakeholders.

- Strong learning agility, intellectual curiosity, and ability to relate well with stakeholders across different levels.

- Good collaborative and team-oriented working style.

- Independence, creativity, resourcefulness, and resilience.

- Strong business sense, leadership qualities, interpersonal skills, and multicultural awareness.