Assistant General Manager & Sanctions Head – Controls and Compliance Group

  • Negotiable
  • Hong Kong
  • Permanent, Full time
  • China CITIC Bank International Limited
  • 21 Mar 19

Lead the Sanctions team to establish, monitor and review the Sanctions policy and procedures of the AML and Sanctions Program in the Bank and its affiliates/ subsidiaries to ensure adherence to relevant statutory and regulatory requirements in relation to Anti-Money Laundering and Counter-Terrorist Financing, FATCA and OECD AEOI

Key Responsibilities
• Assist the Head of AML in developing, implementing and enforcing an adequate and consistent bank-wide Sanctions compliance framework under AML and Sanctions Program including preparing, maintaining, reviewing and improving current policies, regulations, guidelines, code of conduct and standards of good practice applicable to the Bank from AML and Sanctions perspective
• Develop and review the relevant bank-wide and CNCBI group wide Sanctions policies and guidelines to facilitate all business units and support units in the Bank to understand the relevant statutory and regulatory requirements and implement them in an effective and efficient way
• Provide advisory support to business in the development, implementation and regular review of policies and procedures for their operations with due regard to all applicable relevant bank-wide and CNCBI group wide policies and guidelines, statutory and regulatory requirements
• Manage regular tracking and remediation on all relevant outstanding AML/Sanctions regulatory issues or findings
• Develop and review the AML/Sanctions systems to ensure they remain up-to-date and meet the statutory & regulatory requirements
• Provide group level guidance and support to the compliance functions for the Bank’s subsidiaries and overseas offices in relation to AML/CFT, FATCA, OECD AEOI and relevant matters
• Raise and maintain compliance awareness among staff by providing relevant information, publications and training on compliance matters
• Manage relevant examination and/or review being conducted by regulators, external consultants, external or internal auditors


Requirements
• Degree holder preferably in Law, Accounting or related disciplines
• Holder of Associated AML Professional (AAMLP) under the HKMA ECF on AML/CFT is a must
• Minimum 10 years’ experience in legal, general audit, banking or compliance with at least 3 years’ solid experience in Sanctions Advisory, regional and country roles in sizable international financial institutions and/or regulatory bodies;
• Minimum 3 years’ management experience in compliance area in a sizable international financial institution
• Expertise in AML/CFT regulations and practices and have good understanding on regulators’ expectation
• Well-versed with the market trend and situation regarding AML/CFT locally and worldwide
• Excellent communication skills with the ability to interact with senior business personnel and stakeholders in other functions
• Good command of written and spoken English and Chinese (including Putonghua)