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AML Officer

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Date: 1 Feb 2025

Location: Central, HK

Company: Walkers Global

 

We are a leading international law and professional services firm providing legal, corporate and fiduciary services to global corporations, financial institutions, capital market participants and investment fund managers. With a global presence spanning the Americas, Europe, the Middle East and Asia, we advise on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey.

We treat everyone as the intelligent professional they are. Our approach is to trust and empower our people to deliver consistently, and enable them to succeed. Diversity is our secret weapon – it’s the sheer breadth of Walkers people that makes us who we are – gathered from across the globe and fluent in languages, jurisdictions and cultures that help us to mirror our clients and keep our own thinking in tune with the world in which we operate.

Overview of role

Walkers Compliance Regulatory Services Limited (WCRSL) invites applications from suitably qualified and experienced professionals for Assistant Vice President (AML Officer Appointments).

The successful candidate will be part of a dynamic, fast-growing professional team. Excellent opportunities for professional development exist for strong candidates interested in providing client-facing AML services.

Duties, Responsibilities & Person Specification

Act as Anti-Money Laundering Compliance Officer (AMLCO). Money Laundering Reporting Officer (MLRO) and Deputy Money Laundering Reporting Officer (DMLRO) to a portfolio of client entities conducting relevant financial business, to include, without limitation:
 

  • Oversight and monitoring Anti-Money Laundering, Counter Terrorist Financing and Anti-Proliferation Financing (AML/CFT/APF) policies and procedures to ensure that the requirements of the Cayman AML/CFT/APF regime have been adequately implemented by client entities
  • Advising the board of directors (or equivalent) of client entities on AML/CFT/APF compliance matters, including presenting AML reports at board meetings
  • Advising clients on general AML/CFT/APF matters arising.
  • Liaising with clients to document AML business risks and controls to address residual risk
  • Conducting random and periodic testing of CDD procedures
  • Where applicable, act as the main point of contact with competent authorities and respond to requests for information within the requisite periods
  • Investigating reports of suspicious activities/transactions and making onward disclosure filings as necessary
  • Ensuring that adequate AML/CFT/APF logs are maintained
  • Assisting clients with ad-hoc requests in relation to their ongoing AML/CFT/APF obligations, including in relation to internal audits, regulatory inspections and remediation projects


In addition, successful candidates will also:
 

  • Keep abreast of industry developments and trends and collaborate closely with professional colleagues and to review new legislation, industry trends and compliance issue
  • Maintain and develop strong client relationships
  • Be responsible for maintaining Walkers' internal and external best in class client service delivery

Education, Skills & Experience

  • Professional AML compliance qualification required (e.g. ACAMS or ICA) or qualification prior to expiration of probationary period
  • Minimum 5 years' risk and AML compliance experience
  • A bachelor's degree or equivalent from a recognized university or college with a minimum of 5 years' experience in a legal, compliance, audit, accounting or regulatory role within the financial services industry
  • Knowledge of investment fund, insurance and structured finance entities
  • Excellent written, oral and interpersonal skills to communicate effectively with staff, management and diverse international clients
  • Excellent presentation skills and willingness to train and develop junior staff
  • Demonstrate ability to autonomously manage a portfolio of clients with minimal supervision
  • Participate in continuously improving services
  • Work in a flexible and professional manner, including working beyond normal business hours when needed and have a willingness to respond positively lo changing circumstances and emergency situations


Walkers offers a dynamic working environment with opportunities for career progression and an excellent remuneration package, including a discretionary performance based bonus, pension and fully covered health insurance.

Walkers global is an equal opportunity employer. Equality and diversity are key to our global identity and an integral part of our goal to continue being an employer of choice. We are committed to a work environment that supports all individuals irrespective of gender, ethnicity, nationality, race, religion, marital status, age, disability, pregnancy, sexual orientation, gender identity or any other applicable legally protected characteristics. We make every effort to ensure that employment opportunities are open and accessible to all purely on the basis of personal ability.