Assistant Vice President-Senior AML/CFT Analyst (Transaction Monitoring)

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. 

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

East West Bank is currently seeking an Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) Senior Analyst. The AML/CFT Analyst will perform quality assurance reviews for transaction monitoring and suspicious transaction reports (STRs) to ensure compliance with Hong Kong and United States AML/CFT guidelines and regulations. The quality assurance reviews include mitigating risk, identifying suspicious transactions/activities, escalating important issues, and working with relationship managers, account officers, and head office transaction monitoring team members.

As a valuable East West Bank team member, your duties (not limited to) will include: 

• Lead quality assurance reviews for transaction monitoring reviews and produce regular reporting to management.
• Provide feedback and training to transaction monitoring analysts as applicable.
• Perform research, analysis, and investigation of customer files, including by not limited to transaction monitoring and STR filings
• Escalate potentially suspicious transaction findings to management and provide guidance for junior staff in identifying and reporting suspicious transactions.
• Conduct follow-up with account officer for any missing or necessary documentation and make recommendations to mitigate risk as applicable.
• Review and approve STR, transaction monitoring, or other reviews for content, verbiage, backup documents and overall correctness. Ensure timely completion of assigned duties.
• Analyze data, review customer documentation (e.g. invoices, POS reports, and manifests) and results of existing transaction monitoring reports to determine the level of further investigation warranted and take appropriate action.
• Gather information from outside resources such as Internet searches, third-party vendors, public records, newspaper articles, court records, government agencies, etc.
• Proactively stays up to date and knowledgeable on internal policies, procedures, BSA & AML/CFT and related regulatory requirements, HKMA and FinCEN guidelines, and local industry practices.
• Use analytical skills to produce and follow leads, as well as link common or related activities to develop complete picture of suspicious activity and uncover new trends in suspicious behavior

• Familiar with AML/CFT relevant law and regulations both in Hong Kong and US.
• 5+ years of experience in AML/CFT, with emphasis in transaction monitoring, suspicious transaction reporting, and/or know your customer responsibilities.
• Experience preparing and executing suspicious transaction reporting. 
• Exposure to transaction monitoring systems and case management tools. Actimize experience, preferred.
• Well-organized, analytical, and critical thinking skills.
• Ability to work in a fast-paced environment, creative thinker, internet savvy.
• Bachelor’s Degree preferred or equivalent experience.
• Excellent verbal and written communication.
• Fluency in spoken and written English and Mandarin Chinese is essential for this role.
• Strong attention to detail.
• Ability to work in a fast paced environment, creative thinker, Internet savvy.
• Relevant qualification (e.g. AAMLP / CAMLP) under the ECF on AML/CFT or CAMS certification is an advantage.