Description

The AVP/VP Regional AML Advisory & Transaction Monitoring, will serve as a key member of the APAC FS AML/CTF Advisory L2 Hub team, ensuring adherence to regulatory mandates and internal protocols. The successful candidate will take on day-to-day leadership responsibilities, including overseeing case management, providing strategic guidance, and actively contributing to team initiatives. Additionally, in the absence of the Head of APAC FS AML/CTF Advisory L2 Hub, the successful candidate will act as a reliable back-up. This role offers a significant opportunity to leverage your expertise, develop your leadership skills, and make a valuable contribution to our collaborative and dynamic environment.

Responsibilities

• Conduct thorough reviews of cases analysed by team members, offering expert guidance on complex matters.
• Proactively share feedback and insights with the Head of Regional Hub, fostering a culture of continuous improvement.
• Actively contribute to projects within the L2 scope of work, demonstrating strategic thinking and problem-solving skills.
• Provide support/back-up on the cases assignation to L2 team members in a timely and equitable manner, ensuring optimal workload allocation.
• Undertake investigations and assessments of Transaction Monitoring alerts escalated by Level-1 to the Level-2 Hub in APAC, adhering to group policies and regulatory requirements.
• Identify and report/escalate any potential suspicious activity or material risk to the relevant local Level-3 or Head of Financial Security and KYC Compliance in APAC.
• Escalate material risks with relevant information to the relevant local Head of Financial Security and KYC Compliance in APAC.
• Identify and investigate potential suspicious activity and transaction escalated by (i) the Sanctions payment filtering team and (ii) UARs on behalf of the APAC territories included into the APAC Level-2 Hub and escalate any material risk with relevant information to the relevant local Head of Financial Security and KYC Compliance in APAC;
• Provide advisory support to senior/regional management, Territory Compliance teams, businesses, and functions in the APAC region AML/CTF matters and payment transparency related issues.
• Prepare, provide support, and coordinate all required reports, updates, and dashboards.
• Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal typologies, and emerging trends.

Requirements

• University degree in a relevant field, complemented by appropriate professional qualifications.
• Product Expertise: Possess a deep understanding of key corporate and investment banking products, including cash management, capital market, trade finance, global markets, correspondent banking and security services, and structured finance transactions.
• Regulatory Knowledge: Exhibit an in-depth knowledge of the evolving international AML/CFT standards (FATF, EU directives) and key developments, as well as the primary AML laws and regulations in APAC, particularly in Hong Kong and Singapore.
• Technical Proficiency: Leverage Power BI skills to create insightful infographics and conduct smart analyses of customer behavioral patterns and transaction trends.
• Interpersonal and Communication Skills: Demonstrate exceptional interpersonal and communication skills, fostering effective relationships and conveying complex information clearly and concisely.
• Analytical and Risk Management: Exhibit a robust analytical mindset and a strong understanding of risk management principles, enabling the identification and mitigation of potential risks.
• Critical Thinking and Strategic Decision-Making: Exercise critical thinking skills to make informed and strategic decisions based on sound judgment and a thorough evaluation of available information.
• Adaptability, Sanctions Awareness and Resilience: Thrive in a challenging and fast-paced environment, demonstrating agility and the ability to adapt to change while maintaining a goal-oriented mindset.
• Possess a keen understanding of sanctions circumvention red flags and stay abreast of the latest trends in this area.