Senior Executive/Assistant Manager, Regulatory Compliance

JOB RESPONSIBILITIES

• Assists the Compliance and Internal Control Department (“CIC”) to promote compliance with the laws and regulations and parent bank’s requirements and regulatory compliance (“Compliance”) within the Bank.
• Assists and involve in Compliance management, which includes the performance of Compliance assessment/testing, management of new regulations, review and revise the Compliance policies and related procedures of CIC to ensure it is updated, the monitoring of Compliance risk, and the preparation of management report on compliance risk to Senior Management, Board Risk Management Committee and the Board.
• Assists in the management of non-compliance incidents when it is highlighted by branches/department or detected through compliance review, and provides relevant guidance in the management of non-compliance incidents
• Assists in the review of new/existing products and services, marketing materials, terms and conditions, etc. completed by business units to identify compliance risks and provide recommendations and suggestions to strengthen existing controls.
• Conduct Compliance training and awareness programs for the Bank’s staff.
• Assists and prepares relevant reports to Parent Bank with regard to Compliance related works within stipulated timeliness.
• Provides Compliance advisory based on applicable laws and regulations with sufficient knowledge of the industry practices in managing the said laws and regulations.
• Assists in the preparation of materials for reporting to the Senior Management Committee, Board Committees, and/or Board of Directors for Compliance related works.
• Provision of assistance to other areas of duties for CIC.
• Assist the management of Data and Statistical Reporting which includes the management of CRS and FATCA reporting.
• Perform any other duties as may be assigned by the Head of Department from time to time

JOB REQUIREMENTS

• A recognized Bachelor’s degree in any field and professional qualification in Compliance or related disciplines
• Relevant knowledge of Compliance and Banking Operations
• At least 3-4 years’ experience in banking with at least 1-2 years in regulatory compliance.
• Good interpersonal and communication skills, with the ability to interact with all levels of management
• A team player who is proactive and self-motivated
• Analytical and resourceful to find the applicable laws and regulations as well as industry practices
• PC literate preferably in Windows Microsoft Office (e.g. Words, Excel, etc)
• Good communication skills in English and/or Mandarin to effectively communicate with Mandarin-speaking clients (both verbal and written).