You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.
At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.
When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives.
Discover how you can make a difference in the lives of individuals, families and communities around the world.
Job Description:
Job Description
Financial Crime Governance and Oversight
Lead and maintain the Hong Kong Business Unit Financial Crime Compliance Program, ensuring alignment with enterprise AML/ATF and Sanctions Policies and relevant regulatory requirements.
Provide independent oversight and challenge over first line management regarding the ownership and management of Financial Crimes Risk.
Develop, implement and maintain financial crime compliance frameworks, policies, standards, procedures, guidance and controls.
Oversee the effective operation of internal controls and reporting mechanisms relating to Financial Crimes Risk.
Escalate financial crime issues, regulatory breaches and emerging risks to the Chief Compliance Officer, Hong Kong, relevant enterprise oversight bodies and relevant authorities.
AML/CTF Compliance Program
Oversee the implementation and maintenance of a risk-based AML/CTF program in accordance with applicable laws, regulations and enterprise requirements.
Furnish effective challenge on the implementation of customer due diligence, enhanced due diligence, customer risk assessment, ongoing monitoring and suspicious activity reporting frameworks.
Direct periodic AML/ATF risk assessments and ensure timely remediation of identified gaps.
Provide subject matter expertise and challenge regarding AML controls, product risk, customer risk, geographic risk and distribution channel risk.
Monitor compliance with the enterprise AML/ATF policies and operating guidelines.
Sanctions Compliance
Lead the sanctions compliance program and provide oversight of sanctions screening systems, controls and governance.
Ensure compliance with applicable sanctions laws, regulatory requirements and enterprise sanctions standards.
Oversee sanctions screening effectiveness, watchlist management, model governance, alert disposition and escalation processes.
Advise management on geopolitical developments and emerging sanctions risks that may impact the business.
Ensure sanctions incidents are appropriately investigated, reported and remediated.
Financial Crime Risk Management
Conduct periodic assessment of financial crime risks and facilitate integration into the Compliance Risk Management Framework.
Monitor financial crime risk indicators, emerging threats and regulatory developments.
Provide independent review and challenge on financial crime controls, issues management, remediation activities and risk acceptance decisions.
Support acquisitions, strategic initiatives, new products and business changes through financial crime risk assessments and advisory services.
Monitoring, Testing and Assurance
Develop and execute a risk-based Financial Crime Monitoring and Testing Plan.
Assess design and operating effectiveness of AML/CTF, sanctions and ABAC controls.
Track remediation activities arising from compliance reviews, audits, regulatory examinations and risk assessments.
Provide independent reporting on the effectiveness of the financial crime control…