Job Purpose
Provide compliance support, oversight and challenge to all the Business Units (BU) and Support Units (SU) under both CNCBI and CNCB HK Branch in respect of their business and functional activities, primarily focusing on bank-wide activities and/or cross-business operational activities.
Establish and carry out compliance function in relation to the assigned portfolio (PBG/ WBG/ TMG) (“Specific Areaâ€) to ensure the adherence to internal compliance control and relevant legal and regulatory requirements.
Key Responsibilities
- Manage Compliance Advisory Team of the assigned portfolio (PBG/ WBG/ TMG) to provide compliance advisory in relation to the Specific Area and support to all business units and support units in the Bank in the Specific Area for the Bank
- Provide support to business and / or supporting units in the development, implementation and regular review of policies and procedures for their operations with due regard to all applicable regulatory requirements in the Specific Area
- Collaborate with Compliance Assurance & Control Room Compliance team to establish compliance monitoring program on the Banks various activities in the Specific Area
- Review the current compliance controls of the Bank and identify proper actions for improvement if necessary in the Specific Area
- Perform regular tracking on all outstanding regulatory issues or findings not yet solved or responded by the Bank in the Specific Area
- Raise and maintain compliance awareness among staff by providing them with relevant information, publications and training on compliance matters in the Specific Area
- Liaise with regulators and handle the ad hoc examination, surveys, enquiries, etc. raised by them from time to time in the Specific Area
- Act as the primary contact with the regulators and be responsible for delivering proactive and consistent management of regulatory expectation and relationships towards the Bank
- Support CCOO in coordinating respective governance/ committee meetings chaired by CCOO and other bank-wide governance/ committee meetings when necessary
- Handle and file the incident and breached reports to the regulators according to the regulatory requirements
Requirements
- Degree holder in Law, Accounting or related disciplines
- Minimum 12 years legal, general audit or compliance experience including at least 3 years management experience in legal / compliance area in a sizable financial institution and/or regulatory bodies
- Holder of Certified Compliance Professional (CCOP) Certificate under the HKMA ECF on Compliance is preferred
- Expertise in compliance regulations and practices and have good understanding on regulators expectation
- Well-versed with the market trend and situation regarding compliance locally and worldwide
- Good command of written and spoken English and Chinese (including Putonghua)