Head of Compliance (s72B Manager) - Expanding Regional Corporate Bank

Our client is an expanding and well-established regional corporate & investment bank in Hong Kong. They are currently looking for a Head of Compliance to expand their business operation capacity in Hong Kong.

IGNITE RECRUITMENT HONG KONG LIMITED - Hong Kong - Full time

Salary: HK$80k - HK$130k

 

Responsibilities

 

  • Manage a team of compliance professionals to manage the Banks AML & Compliance function and act as s72B manager of the AML & Compliance function
  • Liaise with regulators (HKMA) and file regulatory reports and other required documentation
  • Provide advisory services to the senior management and business units on AML & Compliance related issues
  • Ensure the Bank to comply with the Banking Ordinance and other relevant rules and regulations
  • Keep abreast of updated regulations and report to the management; formulate and execute all necessary measurements to control the risks
  • Review and update the Banks internal policies and procedures to conform to the updated laws, regulations and rules
  • Coordinate on-site and off-site review conducted by regulators and the appointed internal auditors
  • Design and deliver trainings on all new legislation, guideline, regulation and code issued by the regulators periodically
  • Support Group Head (eg. Business Line) in the liaison with regulators and ad-hoc projects
  • Enforce general compliance manual and provide necessary assistance and training to staff
  • Handle and provide guidance for all AML & compliance related issues
  • Coordinate with the Corporate Secretary to ensure the company records are current and correct
  • Provide support on any ad hoc compliance or AML related projects

 

Requirement

 

  • Degree or above
  • 10 years + Corporate Banking General Compliance experience with 4 years + leadership experience in compliance/ compliance related function
  • Prior experience working in the regulatory body (HKMA, SFC, etc) would be highly preferable
  • Excellent hands on experience on liaising with regulators (HKMA)
  • Good knowledge and experience in AML/CFT or compliance related issues
  • Strong knowledge on HKMA regulatory requirements and corporate banking operations such as Code of Conduct, HKMAs Supervisory Policy Manual etc.
  • Familiar with banking operations and regulatory requirements such as Code of Conduct, HKMAs Supervisory Policy Manual etc.
  • Related professional qualifications would be an advantage

 

To apply online please click the 'Apply' button or send your profile to alex.cheung@ignite-recruitment.com . For a confidential discussion about this role & other banking openings please contact Alex Cheung at +852 2121 1418

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