Manager, Compliance Advisory

Mandatory Reference Checking Scheme (“MRC”) for Hong Kong

The Mandatory Reference Checking Scheme is a framework to facilitate Authorized Institutions (“AIs”) to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual’s previous employments can be provided to AIs to inform their employment decisions.

For information related to MRC Scheme, “Frequently Asked Questions for In Scope Individuals” is published by HKAB/Industry Guidelines ( https://www.hkab.org.hk/en/home ) or further information will be available upon request, if it is applicable to the position(s) applied.

Country of Location:

China Hong Kong

Job Responsibilities:

• In charge of the provision of compliance advisory support in specified areas in relation to Investment, insurance, retail, corporate and Treasury Products to all business units and support units of the Bank
• Provide support and advice to business and / or supporting units in the development, implementation and regular review of policies and procedures for their operations with due regard to all applicable regulatory requirements in the Specific Area
• Assist Team Head to advise management on compliance issues and potential impact of regulatory trends and developments in designated areas
• Collaborate with Compliance Assurance and Control Room Compliance team in performing compliance monitoring program on the Bank's various activities in investment compliance if necessary
• Conduct compliance review on complaint cases and provide necessary advice in the area of designation
• Undertake investigations into any complaints reported or made by both internal and external customers in the area of designation
• Assist in review of the current compliance controls of the Bank and identify proper actions for improvement if necessary in the area of designation
• Assist in performing regular tracking on all outstanding regulatory issues or findings yet to be solved or responded
• Assist Team Head to enforce the General Compliance Manual of the Bank in the Specific Area
• Liaise with regulators and handle the ad hoc examination, surveys, enquiries
• In charge of updates on operation manual for the department in the Specific Area
• Raise and maintain compliance awareness among staff by providing them with relevant information, publications and training on compliance matters
• Take up other assignments from time to time directed by the Team Head or the management of Compliance Department
Requirements:

- Degree holder in Law, Business Administration or related disciplines;

- Minimum 5 years' banking, legal, general audit or compliance experience in a sizable financial institution and/or regulatory bodies;

- Holder of Associate Compliance Professional (ACOP) Certificate under the HKMA ECF on Compliance is preferred;

- Expertise in compliance regulations and practices and have good understanding on regulators’ expectation;

- Good command of written and spoken English and Chinese (including Putonghua).