Position Overview:
We are seeking a proactive and experienced Compliance Manager to join our Monitoring & Surveillance team in Hong Kong, supporting the Private Banking business. This role will work closely with the CIB Surveillance & Monitoring function, while focusing on surveillance activities specific to wealth management products and services. The successful candidate will play a key role in ensuring compliance with SFC, HKMA, MAS, and other APAC regulatory requirements.
Key Responsibilities:
- Develop and execute surveillance and monitoring programs tailored to private banking activities, ensuring alignment with regulatory expectations across Hong Kong (SFC, HKMA), Singapore (MAS), and other APAC jurisdictions.
- Conduct daily and thematic reviews of client transactions and advisory activities across a broad range of wealth management products, including structured products, FX, discretionary portfolios, and alternative investments.
- Identify and escalate potential misconduct, market abuse, or breaches of internal policies and regulatory obligations.
- Collaborate with the CIB Surveillance team to ensure consistency in surveillance methodologies and leverage cross-business intelligence.
- Work closely with front office, legal, and risk teams to address surveillance findings and enhance control frameworks.
- Support regulatory inspections, internal audits, and investigations related to private banking conduct and product governance.
- Contribute to the enhancement of surveillance tools and data analytics capabilities to improve detection and efficiency.
- Monitor and interpret regulatory developments acrossAPAC, including updates toMAS's Financial Institutions (Miscellaneous Amendments) Act,SFC's conduct requirements, andHKMA's suitability and product governance standards 1
.
Qualifications & Experience:
- Bachelor's degree in Law, Finance, Business, or a related discipline; relevant certifications (e.g., CAMS, CFA, ICA) are advantageous.
- Working experience in compliance, surveillance, or audit within private banking or wealth management, preferably in APAC.
- Strong knowledge of SFC, HKMA, and MAS regulatory frameworks, including conduct requirements, suitability obligations, and product governance.
- Familiarity with surveillance systems and data analytics tools is a plus.
- Excellent analytical, communication, and stakeholder engagement skills.
- Ability to work independently and collaboratively in a dynamic, fast-paced environment.
