Anti-Money Laundering / Sanctions & Terrorist Financing Officer recruitment

Our ability to give world-class service and insight is a direct result of the quality of people who make up our Asia teams. A career at Coutts rewards and stimulates exceptional individuals to become the very best they can be.

We partner exceptional people; we need exceptional people.

Role Purpose

To support the Regional / Head of AML/STF Hong Kong by dealing with due diligence, money laundering and ABC (Anti-Bribery Corruption) enquiries from the business, and undertaking research task and ad hoc support as required.

Key Responsibilities

Accountable for responding to AML/STF/ABC enquires from the business, which includes but is not limited to:

• Dealing with routine and complex due diligence and money laundering queries from Coutts Hong Kong front line and management

• Ensuring that appropriate Group and Wealth Divisional policies and procedures are followed for all client, business and bank responsibilities

• Ensuring knowledge of money laundering prevention rules and regulations are kept up to date

• Acting in accordance with the relevant regulatory requirements and standards

Accountable for leading research on AML/STF/ABC issues and supporting other AML/STF team members, which includes but is not limited to:

• Undertaking specific research tasks for the Head of AML/STF Hong Kong and making appropriate recommendations

• Undertaking initial assessment of Suspicion Activity Reports and prepare disclosures to relevant authorities where appropriate

• Undertaking ad-hoc, high priority projects and administration duties as required

• Undertaking due diligence reviews as required

• Assisting in the delivery of AML/STF training and communications

• Supporting in the collation of AML/STF MI information for the region

• Attending and reporting on relevant industry seminars

Note: All key accountabilities of this role will extend as appropriate to ABC (Anti-Bribery Corruption) and wire transfer (FATF 7) reporting.

Deliverables

Anti-Money Laundering and Counter Terrorist Financing

Ad hoc Exercise and Administration of AML Function

Preparation of materials for in-house trainings conducted by AML Compliance

Experience

• University graduate with minimum of 5 years working experience with at least 3 years in compliance / risk / internal audit functions within a bank, preferably focusing on KYC/AML

• Ability to liaise with a wide range of individuals

• A good understanding of AML/STF/ABC regulatory requirements in policies ideally within a global financial institution

Other Significant Role Requirements

• Delivery Focused: A personal commitment and ability to successfully deliver both BAU and ad hoc accountabilities to the highest standards, while managing multiple agendas and stakeholder requirements.

• Problem Solving and Analysis: The ability to analyse and evaluate multiple sources of information, alternatives and associated consequences, in order design solutions (both tactical and strategic) that effectively address a range of complex regulatory issues.

• Commercial Acumen: The ability to assimilate both complex regulatory policies and procedures and challenging business issues in order to provide risk based AML/STF solutions that both address regulatory needs and are appropriate to the business. 

• Communicating Effectively: The ability to effectively communicate on topics such as strategy, policy, procedures and ad hoc initiatives to a variety of different audiences through both written and verbal communication mediums.

• Knowledge of External Environment: A personal commitment to ensure they are aligned to the developments in their external environment, for example, with respect to regulators, industry practice, benchmarking or competitors.

We offer an excellent total compensation package, learning and development opportunities and a flexible benefit programme designed to help you manage and balance your own work-life priorities.