COMPLIANCE MANAGER | FINANCIAL CRIME COMPLIANCE | NEW BANK SET UP | RELOCATION TO HONG KONG
Our Client, an established bank with a strong presence in Central Asia, is establishing its Hong Kong operations as part of its international expansion strategy. With deep roots in the region and growing international connectivity, the bank's Hong Kong operations will serve as a bridge between East Asia and its core Central Asian markets, with a focus on correspondent, financial institution and corporate banking activities.
As the branch continues to build out its operating platform, the bank is looking to appoint a Compliance Manager to join its Compliance team, with a particular focus on Financial Crime Compliance and supporting customers and transaction activities connected to Central Asia.
Reporting to the Chief Compliance Officer and working alongside senior members of the Compliance team, the incumbent will take on a broad range of compliance responsibilities on a rotational basis. The initial focus will be on Financial Crime Compliance, particularly customer due diligence involving Central Asian customers and the monitoring and review of transactions connected to the region.
Responsibilities will include supporting CDD/KYC and Enhanced Due Diligence reviews, including the assessment of higher-risk customers, PEPs, beneficial ownership structures and source of wealth and funds. The incumbent will also review transaction monitoring and sanctions screening alerts, conduct investigations and risk assessments, and escalate matters requiring further review.
The role will also provide exposure to suspicious transaction investigations and reporting, anti-fraud and anti-bribery and corruption matters, as well as the ongoing maintenance of relevant monitoring, screening and compliance controls.
Beyond Financial Crime Compliance, the incumbent will support broader regulatory compliance activities including compliance testing and quality assurance, monitoring regulatory developments and assessing their impact, maintaining compliance policies and procedures, supporting regulatory filings and returns, and assisting with internal and external audits and regulatory examinations.
As part of a growing Compliance function, the incumbent will also have the opportunity to contribute to the continued development of the bank's compliance framework, systems, controls and working practices as the Hong Kong operation develops.
We are targeting candidates with relevant Compliance or Financial Crime Compliance experience gained within a bank, financial institution or other regulated financial services environment. Candidates should have practical exposure to areas such as CDD/KYC, EDD, transaction monitoring and sanctions, together with a sound understanding of financial crime risks and controls.
Given the bank's customer base and regional connectivity, candidates should have relevant Central Asian language capabilities and a good understanding of the region. We are particularly interested in candidates with experience working with customers, transactions or financial institutions across Central Asia. Strong English communication skills will be important, while Russian language capability would be advantageous.
The ideal candidate will be analytical, diligent and comfortable investigating customer and transactional activity from a risk-based perspective. The ability to exercise sound judgement, communicate clearly and work effectively across different areas of Compliance and the wider bank will be important.
The bank is open to candidates currently based in Central Asia and will provide relocation support to Hong Kong for the successful candidate.
This role is based in Hong Kong.
If you are interested in the above opportunity, we look forward to receiving your resume in discretion to James ([email protected]).
Pan & Company Pte Ltd | Licence 18S9074 | R1544419