Senior Risk & Compliance Manager – Section Head (Trustee & MPF) (Job ID 4038)
Responsibilities
- Plan, organise, lead and control the activities of Risk & Compliance Section
- Ensure that the operations of pension and trust businesses comply with the applicable legislation, rules and guidelines issued by the regulatory authorities
- Ensure that the investment holdings of each fund / trust are consistent with the investment objective, policy and / or trust deed
- Ensure that prior approval from the relevant regulator are obtained regarding any proposed amendments to the pension and trust documentation, and the appointment of new directors of BEA (Trustee)
- Ensure that the investment management contracts and custodial agreements to be entered into comply with the relevant regulatory requirements
- Ensure that the trust assets are not improperly encumbered and shall be dealt with as trust property separately
- Report to the relevant regulators, the Central Compliance Department and/ or the Anti-Money Laundering Compliance Department of the Bank on any events of significant nature
- Monitor the rectification action taken for rectifying any breach
- Check that if any service providers wants to delegate its duties, the delegatee meets the requirements stipulated by the relevant legislation
- Co-ordinate with other Section Heads in preparing the monthly risk report, reviewing the Terms of Reference of Risk Management Committee and Risk of Profile for the business units
- Perform any tasks as delegated by the Department Head and GCRO.
Requirements
- Together, we can achieve more The Bank of East Asia, Limited ("BEA") is Hong Kongs largest independent local bank with 64 branches, 54 SupremeGold Centres, and 10 i-Financial Centres throughout the city. With a team of over 3,700 professionals in Hong Kong and more than 9,900 worldwide, BEA embraces a spirit of teamwork in every challenge. We invite you to become part of our team and to join us on our journey towards a bright and exciting future.
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