Compliance Monitoring VP, Global Bank

Our Client

Job Duties

• Perform annual risk assessment to identify key risk areas that need to be monitored.
• Report to North Asia Head of Compliance.
• Accountable for HKMA regulatory risk assessment.
• Conduct periodic and thematic compliance monitoring & testing that calls for extensive liaison with LOB from front to back office.
• Track for timely resolution of audit/inspection/external review findings that are owned by Compliance.
• Report status of resolution to Head of Compliance, Senior Management and relevant committees.
• Identify regulatory risk related issues and identify appropriate key control measures.
• Facilitate the implementation of regional & global compliance & risk control governance.

Requirements

• Professional Qualification degree in Accounting/Finance or a related field.
• At least 8 years of experience in HKMA regulatory, compliance monitoring & risk control experience with international banks.
• Strong understanding of HKMA regulatory requirements.
• Knowledge of wealth management is a definite advantage.
• Ability to interpret and apply regulatory requirements in a practical manner.
• Strong communication and interpersonal skills, with the ability to interact effectively with LOB, senior management and regulatory bodies.
• Fluency in English is required, additional language skills are a plus.

Additional Job Duties

• As part of the AP Distribution Department to oversee regional KYC/CDD function.
• Accountable for managing new and periodic CDD/KYC assessment for low to high risk institutional and intermediaries' clients.
• Conduct PEP, sanctions, adverse news and STR review etc.

Team Management

• Report to HK Branch Head of Compliance.
• Team head in charge of supervising a team of 5-6 KYC specialists.
• Oversight KYC/CDD to ensure the fulfilment of HKMA regulatory requirements related to AML, CFT, sanctions and other financial crimes. Timely review of KYC/AML control and related procedures to conduct gap analysis with any regulatory/governance changes.

Legal Support Duties

• Report to Litigation Lawyer and facilitate commercial litigation, investigation and complaint cases.
• Accountable for conducting legal research and consolidation of related documents.
• Assist in investigation process that calls for extensive liaison with internal stakeholders from front to back office and external counsels.
• Support general advisory matters related to account opening, data access and any regulatory related aspects.

Regulatory Investigation Management

• Manage regulatory related investigation, self-assessments and on-site examination.
• Oversight staff licensing & related enquiries from regulators.
• Support regulatory advisory, general compliance and related enquiries that call for extensive liaison with Senior Management, line managers across FTB Offices and Headquarter.