Assistant General Manager, Controls & Regulatory Affairs

Job description

​Responsibilities:

• Act as Chief Operating Officer (COO) of CCG and support CCG initiatives

• Strengthen CCG’s image with CCG colleagues by providing prompt and value added advice and support to senior management, business and different stakeholders

• Participate in implementation of operational risk management within CCG which aligns with the Bank’s Operational Risk Governance to protect the reputation of the bank and minimize its exposure to actual and potential legal, operational and regulatory risks

• Analyze regulatory affairs matters and provide advisory services to CCCO of CCG

• Interact and work closely with the Group and CCG teams in responding to all requests

• Being a key contact point to support CCG functions in subsidiaries and overseas offices and provide Head Office level assistance to the local CCG teams

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COO Accountabilities

• Act as COO in CCG to assist and support CCCO in:

• Coordinating respective committee meetings that chair by CCO and other bank-wide committee meeting when necessary (e.g. CRMC)

• Analyzing and escalating CCG related matters including overseas branches and subsidiaries to CCCO attention

• Manage and support to prepare annual budget planning and balanced scorecard card of CCG

Regulatory Affairs

• Handle regulatory visit/ inspection/ ad-hoc enquires with home regulators/authorities of the bank (e.g. HKMA, SFC, ICAC, etc) in relation to its overseas branches and subsidiaries;

• Work closely with CCG teams (includes overseas branches and subsidiaries) responding to routine visits, internal and external audits and other enquiries linked to compliance, legal and operational issues of the bank and its overseas branches and subsidiaries respectively

• Keeping abreast of regulatory changes, new regulations and internal policy changes in order to further identify new key risk areas with CCG teams

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Internal Controls

• Promulgate a positive risk culture and driving the implementation of risk governance framework and other risk and control initiatives within CCG

• Participate to identify, measure, mitigate, control and monitor operational risk; and ensure the effective implementation of risk and control related initiatives, policies and tools as directed by CCG or Operational Risk Management (ORM) team

• Overseeing the management of risk and control matters in accordance with bank-wide framework and ensure compliance with relevant Bank standards, statutory and regulatory requirement

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Group (CNCB) Support

• Interact and work closely with CCG teams in responding to requests from Group

• Maintain good relationship with Group and support Group initiatives

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Overseas Support

• Liaise with Group in coordination of its local regulator’s visit/inspection/ad-hoc enquires relating to the bank and its overseas branches and/or subsidiaries respectively

• Partner with CCG teams and Head Office’s management team (e.g. Overseas Branch Management) to support the rollout of internal and external requirements, new regulations and other relevant initiatives (e.g. training, policies & procedures, etc) within overseas branches and subsidiaries of the bank

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Requirements:

• Degree holder in Law, Accounting or related disciplines

• Minimum 12 years legal, general audit, banking or compliance experience including at least 5 years’ management experience in compliance area in a sizable international financial institution and/or regulatory bodies.

• Previous experience in interaction with or support of interaction with regulators in Hong Kong (e.g. HKMA, SFC, etc) or in other countries (e.g. Monetary Authority of Macao, Monetary Authority of Singapore, The Office of the Controller of the Currency, etc)

• Good knowledge of statutory and regulatory requirements relevant to banking, brokerage, fund house and/or insurance industries in Hong Kong and/or overseas

• Expertise in compliance regulations and practices and have good understanding on regulators’ expectations

• Hands on experience in managing overseas branches/offices/local and overseas subsidiaries

• Well-versed with the market trend and situation regarding compliance locally and worldwide (as applicable)

If you are interested in finding out more about this career opportunity, please email your resume to Nestor Roldan, nestor.roldan@charterhouse.com.hk Web: www.charterhouse.com.hk

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