Our client is a leading corporate bank, seeking to hire a Vice President in the Regulatory Compliance team to focus on providing advisory and execution for all licensing activities at both the institutional and individual levels for the bank, ensuring compliance with regulatory standards and facilitating efficient approval processes.
Role Responsibilities:
- Oversee and execute strategies regarding licensing, regulatory communications, and the tracking of regulatory obligations.
- Keep abreast of regulatory developments and implement robust tracking mechanisms to ensure effective and efficient management of all relevant regulatory obligations.
- Deliver insightful and impactful reports to Management on compliance and regulatory risks as well as the overall landscape on governance matters, compliance status, and recommendations for informed decision-making.
- Collaborate closely with compliance advisors to ensure the effective implementation of regulatory requirements while fostering strong engagement with all relevant stakeholders.
- Proactively escalate critical regulatory and compliance risks to the LCO HK, while developing practical solutions accompanied by actionable plans to ensure effective compliance risk management.
- Coordinate various global and regional Compliance initiatives or projects
- Foster a culture of compliance throughout the organization, and provide guidance and training to staff on compliance policies and procedures related to regulatory compliance matters.
- Back up other team members within Compliance Department where needed.
Role Requirements:
- Degree holder in Legal, Finance or Accounting, with 10+ years of experience in Banking Compliance and Licensing.
- Familiar knowledge on local laws and regulations relates to banking practices.
- Experience in dealing with regulators including HKMA.
- Business acumen coupled with robust analytical skills, enabling the effective resolution of complex issues and the delivery of practical, innovative solutions.
- Ability to work independently and thrive in dynamic environments, demonstrating resilience and effective prioritization skills.
If you have the relevant skills, please reach out to Jack Leung with your CV to engage in a confidential discussion.
