Compliance - Team Head

SUMMARY

• Manage a small team for the Banks AML & Compliance function
• Ensure the Bank to comply with the Banking Ordinance and other relevant rules and regulations
• To act as s72B Manager of the Banks AML & compliance function
• 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
• Support Group Head (eg. Business Line) in the liaison with regulators and ad-hoc projects
• Perform regular compliance checking and AML reviews (eg. Account Opening documents)
• Enforce general compliance manual and provide necessary assistance and training to staff
• Provide advisory services to the senior management and business units on AML & Compliance related issues
• Handle and provide guidance for all AML & compliance related issues
• Coordinate with the Corporate Secretary to ensure the company records are current and correct
• 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
• Handle and follow up on licensing issues (eg: SFC license) if necessary 
• Provide support on any ad hoc compliance or AML related projects
• Support any ad hoc task or project assigned by the management

REQUIREMENT

• Have/Had working experience in the regulatory body (eg: HKMA) is a definite advantage
• Sound experience to communicate with regulators
• Degree in Business Administration, Risk Management, Law or related disciplines
• Minimum 10 years of solid experience in related job description, with at least 4 years in a managerial or leadership role within the Banking sector
• Familiar with banking operations and regulatory requirements such as Code of Conduct, HKMAs Supervisory Policy Manual etc.
• Professional qualifications under Enhanced Competency Framework (ECF) on Compliance, AML/CFT and/or Certified Anti-Money Laundering Specialist by ACAMS is preferred
• Sound knowledge in AML/CFT or compliance related issues
• Strong sense of responsibility, detail-oriented and able to work independently
• Good command of written and spoken English & Cantonese