Head of Private Banking

2 days ago


Hong Kong Island, Hong Kong SAR China Pure Hong Kong Full time

Head of Private Banking - Pure Hong Kong Lead and oversee the AML compliance program for the Private Banking division, ensuring adherence to local and international regulations. Develop and implement AML policies and procedures tailored to private banking services, aligning with best practices and regulatory expectations. Engage with regulators and industry bodies, representing the firm on AML matters and maintaining a strong reputation within the industry. Conduct risk assessments and monitor AML compliance across private banking operations, identifying areas for improvement. Provide expert guidance to senior management and front-office teams on AML issues, including customer due diligence and transaction monitoring. Foster a culture of compliance by delivering ongoing training and awareness programs for staff at all levels. Collaborate with internal stakeholders, including Legal, Risk, and Operations, to ensure a unified approach to AML risk management. Stay abreast of emerging AML trends, regulatory changes, and best practices in the private banking sector. Qualifications Bachelor’s degree in Finance, Law, Business Administration, or a related field; advanced degree or professional certification (e.g., CAMS, CPA) preferred. Minimum of 10 years of experience in AML compliance, with a strong focus on private banking or wealth management. Extensive knowledge of AML regulations in Hong Kong Market Proven track record of successful engagement with regulators and industry stakeholders. Exceptional analytical skills and the ability to navigate complex regulatory environments. Excellent communication and interpersonal skills, with the ability to influence and collaborate across diverse teams. Strong leadership capabilities and experience in managing high-performing compliance teams. #J-18808-Ljbffr



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