Anti-Money Laundering Analyst recruitment
The successful candidate will be expected to perform review of wire transfers, trade finance transactions and Investment bank transactions and perform necessary research to determine true sanctions matches.
The candidate will be involved in projects related to OFAC / sanctions including implementation of relevant policy and procedures.
Specific responsibilities includes:
- Perform research on transactions stopped on the firm's sanctions screening systems to establish if any true matches to sanctioned entities.
- Working with the Asia Sanctions Manager in reviewing investment bank transactions for potential sanctions issues.
- Working with the Asia Sanctions manager, performing the necessary research and query to determine the sanctions requirements in Asia and US/ EMEA.
- Assist in implementing OFAC/Sanctions initiatives including quality assurance, policy reviews and advising on establishing screening procedures within the businesses.
Skills
Essential Skills/Experience
- Attention to detail. The successful candidate should be meticulous in reviewing all parts of a transaction.
- Strong Communication Skills. The successful candidate will be required to communicate clearly to the businesses required actions subsequent to his/her review.
- Strong analytical ability and logical thinking. Ability to identify issues related to sanctions accurately and offer solutions.
- Have the initiative to find information to substantiate an opinion. Where required, be able to provide recommendations on compliance sanctions processes.
- As required, in accordance with a schedule, provide coverage on some public holidays. On occasion work outside of normal hours. May be required to participate in conference calls with the United States.
Preferred Skills/Experience
- Some basic knowledge of banking industry. Knowledge of cash management or some experience with the corresponding banking business will be a plus.
- Some basic knowledge of US OFAC and Asia sanctions requirements. Experience in sanctions review will be a strong advantage.
- Experience in using sanctions screening systems.
Language Requirements
Strong speaking and writing abilities in English. Strong speaking and writing ability in Chinese will be a strong plus.
April 25, 2012
• Tags: Anti-Money Laundering Analyst recruitment, Compliance, Legal careers in the Hong Kong SAR • Posted in: Financial