The Department

The Security and Integrity Department (S&I) is responsible for the preservation of integrity by combatting criminality and corruption risks that can threaten horse racing, betting, and membership at the Club. The maintenance of a secure environment and integrity is key to our business. Not only is it important to ensure horse racing in Hong Kong is fair, it is also of paramount importance to the Club that there is governance and fair opportunities in all bet-placements. The department consists of Corporate Security, Racing Security & Integrity Assurance, and Integrity & Financial Crime Risk (FCR) teams.

The job holder reports to Executive Manager, Financial Crime Risk Investigations and is responsible for managing the detection and holistic investigation of red flags and trigger events associated with financial crime risk issues. This is to ensure that the Club fulfils its legal obligations to report suspicious transactions and manages the Financial Crime Risk relating to the Club’s betting business effectively.

The job scope covers the following core areas:

1. Financial Crime Risk Investigations
2. Transaction Monitoring
3. Betting Analysis

You will:

Financial Crime Risk Investigations

• Manage the process for investigating and evaluating red flag FCR issues holistically through data analysis, due diligence, qualitative intelligence and application of investigative skills
• Establish effective processes for reporting findings in writing to the Management and/or Joint Financial Intelligence Unit relating to FCR investigations of suspicious transactions and customers
• Develop criminal typologies and identify groups of accounts used by criminal syndicates to explain how and the extent of the Club’s betting services known or suspected to be used for illicit purposes
• Oversee the recommendation of customers and associated accounts to Customer and International Business Development Division for “de-risking” or follow-up action
• Ensure that the operating procedures for all FCR investigation processes are documented, reviewed (on at least an annual basis or as needed) and communicated to all relevant Analysts
• Develop training plans for his/her staff to develop their soft-skills and investigative capabilities
• Support the bi-annual AML risk management reporting to Board of Management by providing accurate statistics on customers and accounts investigated, reports filed to JFIU, and emerging trends seen from investigations to the Financial Crime Policy and Risk team

Transaction Monitoring

• Manage the identification of red-flag and other events associated with betting transactions or betting customers to mitigate financial crime risks relating to the Club’s betting business
• Manage the periodic review (on at least an annual basis or as needed) of transaction monitoring scenarios and thresholds and customer risk scoring criteria used by the automated transaction monitoring system to ensure that they are fit-for-purpose
• Manage the AML transaction monitoring system to ensure that it is functioning as intended, the access control rights are periodically reviewed (on at least an annual basis), and to work with IT and the vendor to implement any new enhancements (e.g. transaction monitoring scenarios, risk scoring criteria) to the system

Betting Analysis

• Manage the identification and assessment of customers via analysis whom are suspected of using their betting accounts as part of a professional betting syndicate or betting through commingling partners to affect the betting market integrity or as part of an illegal betting operation
• Review the betting analysis flagging and categorisation criteria on at least an annual basis or as needed to ensure that they are fit-for-purpose

Others

• Undertake other duties assigned by the Executive Manager, Financial Crime Risk Investigations
• Ensure compliance with Responsible Gambling Policy and all stipulated legal requirements, and thereby protecting the integrity of the Club’s businesses.

You should have:

• A university degree, preferably with additional legal related qualifications
• Minimum of ten years’ experience in related field such as money laundering, forensic, fraud and investigation
• Certified Fraud Examiner (CFE), Certified Anti-Money Laundering Specialist (CAMS) and related designations preferred
• Experience in managing team(s) and developing staff
• An existing network in financial crime risk, law enforcement, and private sector in Hong Kong, Mainland China, and other regions is preferred
• Knowledge and experience of AML and FCR programs, especially in transaction monitoring
• Experience with AML transaction monitoring systems (e.g. NICE Actimize, SAS, Fiserv etc.) is preferred
• Knowledge of red-flag indicators associated with different types of funds transfer channels, high risk businesses and customers. Betting knowledge is preferred
• Excellent knowledge of local laws and current developments and trends in the Financial Crime Risk related laws, regulations, and practices
• A high standard of competency in written English reporting and verbal communications. Spoken Cantonese and Mandarin skills are an advantage
• Strong Microsoft Office skills including Word, Excel, PowerPoint, Visio and SharePoint. Knowledge of SQL, i2 iBase and Analyst’s Notebook is an advantage
• Candidate with stronger leadership and functional competencies would be offered as Deputy Executive Manager, Financial Crime Risk Investigations

Terms of employment
The level of appointment will be commensurate with qualifications and experience.

How to Apply
Please send your resume, complete with expected salary and job reference by clicking the Apply Now button or to:

Mail: The Human Resources Department, The Hong Kong Jockey Club, 1 Sports Road, Happy Valley, Hong Kong

We are an equal opportunity employer. Personal data provided by job applicants will be used strictly in accordance with the Club's notice to employees and prospective employees relating to the Personal Data (Privacy) Ordinance. A copy of which will be provided immediately upon request.

Founded in 1884, The Hong Kong Jockey Club is a world-class racing club that acts continuously for the betterment of our society. The Club has a unique integrated business model, comprising racing and racecourse entertainment, a membership club, responsible sports wagering and lottery, and charities and community contribution. Through this model, the Club generates economic and social value for the community and supports the Government in combatting illegal gambling. In 2017/18, the Club made a record return to the Government of HK$22.6 billion in duty and profits tax and contributed HK$1.2 billion to the Lotteries Fund. Approved charity donations were HK$4.2 billion. The Club is Hong Kong's largest single taxpayer and one of the city’s major employers. Its Charities Trust is also one of the world's top ten charity donors. The Club is always "riding high together for a better future" with the people of Hong Kong.

香港賽馬會
香港賽馬會（「馬會」）成立於1884年，是致力建設更美好社會的世界級賽馬機構。馬會透過其結合賽馬及馬場娛樂、會員會所、有節制體育博彩及獎券，以及慈善及社區貢獻的獨特綜合營運模式，創造經濟及社會價值，並協助政府打擊非法賭博。2017/18年度，馬會透過各項博彩稅及利得稅，為政府庫房帶來破紀錄的226億港元收入，並向獎券基金撥款12億港元。另外，已審批慈善捐款達42億港元。馬會是全港最大的單一納稅機構，也是香港主要僱主之一，其慈善信託基金位列全球十大慈善捐助機構。馬會將繼續與香港市民「同心同步同進　共創更好未來」。