Associate-Director, Compliance Monitoring and Testing – Private Bank

Job description

​This is a team member role of the Compliance Monitoring & Testing team in Hong Kong, reporting to Head of Compliance Monitoring & Testing. The candidate will handle the day-to-day spectrum of compliance assurance activities for Hong Kong branch, to ensure that business operations adhere to requirements of the Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC) and the Swiss Financial Market Supervisory Authority (FINMA), and all relevant compliance-related laws and regulations, as well as internal compliance policies and procedures.

This candidate will assist in implementing an effective control program through ongoing review process, monitoring and surveillance, investigation and reporting.

Responsibilities:

• Assist Head of Compliance Monitoring & Testing Hong Kong in the prime responsibility to comply with all relevant policies and procedures, from group guidance and local regulatory perspective to ensure the local office has effective control framework with ongoing review and testing programs in place;

• Identify and rectify internal breaches/control weakness through ongoing review/monitoring of the control framework from group and local regulatory requirement perspective;

• Conduct regular reviews and surveillance on Compliance and controls framework, which cover the following and not limited to - investment selling practice (suitability), product due diligence, AML/FCT, tax compliance, ad-hoc thematic reviews;

• Prepare documentation to report and escalate any issues and exceptions for managerial review; recommend the mitigation actions where needed;

• Capture and analyze data and identify trends in assessing regulatory compliance risks and advise stakeholders in developing effective controls;

• Involve in RegTech / system automation projects;

• Assist in the preparation and submission of compliance/regulatory reports for management, regulators, auditors etc;

• Assist in audits and inspections, and investigations where required.

Competencies:

• Basic bachelor degree;

• 5 - 7 years of relevant experience in monitoring and testing, general compliance, AML/KYC or related control discipline in private banking industry in Hong Kong is preferred;

• Possess subject matter expertise with emerging technologies or programming skills such as VBA, C#, and SQL to facilitate an effective compliance risk and controls program is preferred.

• Strong data analytics skill;

• Keen to learn and perform compliance matters;

• Good interpersonal communication and writing skills;

• Able to identify control weakness, and provide recommendation for business action;

• Motivated and self-driven; able to handle issues and resolve challenges in collaboration with different stakeholders;

• Language skills in both English and Chinese

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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