Key Responsibilities
- Support the Head of Compliance in managing the regulatory risk of the company in Hong Kong.
- Implement effective Compliance related monitoring plan, measures and controls in Hong Kong.
- Ensure that regulatory risks are mitigated through stringent quality control checks (in accordance with the company and regulatory standards).
- Perform periodic review as to the internal controls so as to ensure that the operation of PWM business is run pursuant to relevant regulatory requirements.
- Identify and escalate internal weaknesses / exceptions / discrepancies to Head of Compliance and other stakeholders in a prompt and properly manner.
- Propose remedial actions / recommendations with detailed time-frame.
- Monitor and implement relevant action plans as needed.
- Provide advice to the business and senior management for all regulatory matters.
- Keep the senior management and other stakeholders abreast of new and latest regulatory rules, regulations and change.
- Assist the team in carrying out other regulatory functions as required.
- Maintain key internal relationships to foster a positive compliance culture through communications, trainings and to provide employees and colleagues with timely and pragmatic advice on day-to-day issues.
- Conduct training to enhance staff's risk awareness on internal controls and regulatory changes.
Qualifications
- Minimum 5 years experience in the compliance function of a bank (preference in private banking or wealth management industry) or good working experience at HKMA, SFC or equivalent regulatory bodies
- Have a good knowledge of HKMA/SFC rules/regulations in Hong Kong
- Have prior working experience in regulatory advisory or financial crime advisory
- Maintain up-to-date knowledge of regulatory requirements and practices
- IT skills and relevant software proficiency
- Proficiency in English and Chinese, Mandarin speaking a plus
- Organized and attentive to details
- Self-motivated and able to work independently
- Team player and good communicator
- Able to handle multi-tasks and work to deadlines
