Senior Associate/Manager - AML System Implementation - Risk Consulting - FS - Hong Kong

Job Profile Summary

At PwC, our people in management consulting focus on helping clients seize essential advantages by working alongside business leaders to solve their toughest problems and capture their greatest opportunities. They work with some of the world's largest and most complex companies to understand their unique business issues and opportunities in an ever changing environment. These individuals help create sustainable change by stimulating innovation, unlocking data possibilities, navigating risk and regulatory complexity, optimising deals, and aligning costs with business strategy to create a competitive advantage. Management consultants help the world's most significant organisations, public and private, quickly become more effective. They improve the way organisations operate; manage costs; better align people, process and technology initiatives; support business growth to maintain or improve competitive edge and complete market and regulatory risk assessment.

As a management consulting generalist at PwC, you will play a vital role in helping clients optimise their operations, improve performance, and achieve strategic objectives. Your work may include analysing business data, developing strategies, supporting management teams, collaborating across teams, optimising tools and technology, improving organisational performance, monitoring compliance, and/or managing change.

Job Description

We are seeking a motivated and detail-oriented AML/CFT Consultant to join our dynamic risk and regulatory advisory consulting team. As part of our advisory team, you will work closely with a diverse range of financial services clients, primarily banks to design, develop, and implement effective Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) systems. This role provides an exciting opportunity to deliver impactful solutions, navigate complex regulatory landscapes, and collaborate with senior stakeholders across banking industries.

Responsibilities

• Advisory and Design: Advise clients on the design, development and ongoing maintenance of effective and efficient AML/CFT systems, covering the transaction monitoring and name screening solutions tailored for the client needs.
• System Assessment and Enhancement: Perform regular reviews of client systems to assess system performance, identify enhancement opportunities, and recommend actionable solutions. Manage project tasks related to system implementation and upgrades.
• Tools development: Develop and implement risk-based tools/monitoring systems for clients, including maintaining AML/CFT related database to support name and payment screening and transaction monitoring.
• Quality Assurance: Perform quality assurance checking/ reviews to ensure databases are timely updated for ongoing screening and monitoring purposes.
• Data Analytics: Develop and maintain AML analytics models to detect suspicious activity and enhance transaction monitoring effectiveness and analyse large datasets to identify trends, anomalies, and risk indicators
• Technical Collaboration: Collaborate with IT and data scientists to optimise AML systems and support system upgrades, rule tuning, scenario development and report automation. Leverage Fintech/ Regtech innovations to enhance AML compliance capabilities.
• Stakeholder Engagement: Partner with relevant client stakeholders on key compliance initiatives to develop and transform initiatives into feasible solutions, develop actionable roadmaps, and oversee successful implementation.
• Vendor Management: Liaise with system vendors and relevant project stakeholders in AML/CFT related systems enhancements and upgrade including design and execute the User Acceptance Test (UAT) plan
• Reporting: Prepare management information reports to provide clients with insights, facilitate senior management oversight, and ensure timely responses to regulatory inquiries.

Requirements

• Bachelor degree holder, preferably Business, Data Science, Finance, Computer Science, or related field is preferred
• Relevant HKIB qualification (e.g. AAMLP) under the ECF on AML/CFT and/or Fintech would be an advantage
• Minimum 5 years’ working experience AML analytics/systems, or financial crime compliance/ RegTech in Banking
• Strong proficiency in SQL, Python, or other data analytics tools, and experience with data visualisation tools such as Tableau, Power BI, or similar
• Familiarity with AML systems and regulatory requirements in Hong Kong
• Experienced in project management, system UAT would be a plus
• Good problem-solving skills and ability to communicate with non-technical stakeholders
• Command in both written and spoken English and Chinese. Proficiency in Mandarin is desirable.