Anti-Money Laundering Officer

Role Purpose:Ensure the existence of an effective regulatory compliance program for the AML/CTF program of the Bank and oversee its functioning on a regular basis.Duties and Responsibilities:Responsible in implementing, maintaining and enhancing the AML/CFT/ Sanctions policies, procedures, and controls of the Branch Creation and regular updating of AML/CFT, Sanctions risk and Fraud Risk related policies and procedures including doing gap analysis on newly issued circulars and guidancesEnsure compliance with AML related observations raised by internal and group audit and other regulatory bodiesActs as subject matter expert or consultant to business units on AML/CFT and KYC related matters, Sanctions risk and Fraud RiskExamine and conduct investigation to customer accounts subject with AMLC inquirySubmit relevant reports to the BSP, the AMLC and to BOCHK FCC Evaluation and endorsement of CDD profiles of High Risk ClientsMonitoring of KYC PR and TER; notification to BUConduct AML compliance review Evaluation, disposition and management of SAS generated transaction-related alerts Evaluation, disposition and management of name screening hits in CNS Evaluation and endorsement of transactions requiring due diligence. It also includes disposition of CSW alerts relating to these transactions Maintenance/Logsheet of TDD records including supporting documents of processed, rejected and/or for processing status.Investigation and submission of Suspicious transaction reporting (if any) to the AMLCResponsible for reporting and monitoring Covered Transaction ReportConduct and facilitation of AML/CFT related training for all employees