Oi Man Kimmy Wan

• Ensure the quality of the investigations and concluded within a required timeline.
• Ensure compliance with regulatory requirements by maintaining thorough documentation and accurate reporting procedures.
• Document suspicious activity and events through detailed reports, submitting timely updates to supervisor and law enforcement agencies.
• Establish strong relationships with local law enforcement agencies, enhancing cooperation on joint crime prevention efforts.
• Assist law enforcement agencies in investigations related to fraud activities.
• Streamline transaction surveillance operations with the integration of cutting-edge technology and software solutions.

• Review alerts triggered by transaction monitoring system
• Review and approved high risk transaction (i.e., third party transaction for securities account)
• Identify, investigate and report suspicious activity and transaction, and escalate any material risk relevant information to MLRO for suspicious transaction reports submission to law enforcement agency.
• Produce regular AML reports for internal stakeholders
• Assist in developing and enhancing systems related to AML compliance projects including (i) conduct assessment review on scenarios and threshold setting of transaction monitoring system, and (ii) conduct assessment review on algorithm setting of name screening system

• Transaction Monitoring

- Review alerts triggered by transaction monitoring systems

- Review real time transaction alerts from SWIFT and handle alerts with reasonable justification

- Review and approve high risk transactions as stipulated in branch’s policy

- Assist MLRO in quality assurance on suspicious transactions investigation and reporting

- Liaise with LEAs (such as JFIU, Hong Kong Police) for financial crime investigation

- Conduct comprehensive review on transaction monitoring system, including historical transaction data analysis, scenario review, threshold tuning, UAT, etc.

• Sanctions Compliance

- Review real-time transaction alerts from SWIFT and handle alerts with reasonable justification

- Supervise and act as an approver on high-risk transactions and trade finance transactions assessment

- Formulate country risk assessment methodology and perform regular review

- Perform regular reviews and updates on sanctions screening lists, internal blacklists, and other watchlists being used in the bank’s screening systems

- Conduct efficiency and effectiveness assessment test on screening systems (such as SWIFT sanctions testing)

• Prepare management reporting information for senior management

• Review AML related policies, procedures, and system configurations

• Liaise and co-ordinate with regulators, law enforcement authorities, correspondent banks, internal and external auditors for financial crime investigations, audit reviews, and handling enquiries.

• Provide bank-wide AML/CFT and sanctions related training and advisory

• Provide comprehensive support to corporate client on-boarding

• Liaise with stakeholders on account opening and KYC related matters

• Manage and update customer solution databases

• Develop test plan and conduct system User Acceptance Testing

• Execute in compliance with regulatory requirements and internal policies