Manager/Assistant Manager, Business Compliance (AML / Compliance, Private Banking)
Full time
at Bank Of China (Hong Kong) Limited
in
Hong Kong
Posted on May 7, 2024
Job details
Responsibilities:
- Act as first line of defense to conduct AML and investment/banking related transaction monitoring and business review to ensure adherence to internal/external requirements, identify possible compliance/operational risks/breaches, prepare management report(s) and provide recommendations to mitigate relevant risks
- Review KYC profiles, account opening / review documents
- Work closely with business and second line of defense to implement regulatory and internal requirements on the private banking business
- Review marketing/product materials submitted by various units, and to analyze the compliance risks in new businesses / products / processes/ systems
- Conduct regular and ad hoc self-assessment, gap analysis, survey, independent review against various internal and/or regulatory requirements. Recommend follow up action to close the gaps
- Prepare regular (monthly/quarterly/annually) and ad hoc internal reporting to senior management, second line of defense
- Assist to conduct training to promote compliance culture
- Assist to investigate customer complaints
- Work on regulatory reporting matters, internal / external review or audit including coordinate with other departments, prepare response and carry out the relevant enhancements
- Coordinate internal / external review or audit
- Provide staff training where required
- Assist on other ad hoc tasks as assigned
- Degree or above
- 2+ years working experience in banking and finance, at least 1 years in relevant private banking Compliance. Strong AML knowledge is an advantage.
- Independent, excellent analytical, time management and interpersonal skills, with ability to prioritize tasks.
- Proficient in written, spoken English and Chinese
- Familiar with HKMA/SFC regulatory requirements
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