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Manager (Legal & Compliance)

Hong Kong Interbank Clearing Ltd

  • Company Industries:Financial Services

Job Information

  • Post Date:2018-07-06
  • Location:Not Specified
  • Employment Type:Full Time, Permanent
  • Job Function:Legal & Compliance  

Job Description

Major Responsibilities

  • Handle relevant legal and compliance works of the company, including drafting and review of documents, participating in project-related meetings, etc.
  • Support compliance work for new projects/services which are designated under Payment Systems and Stored Value Facilities Ordinance (PSSVFO)
  • Coordinate resolution regime for financial institutions initiated by the Hong Kong Monetary Authority (HKMA)
  • Support legal and compliance aspects of local and cross-border trade finance platforms
  • Conduct compliance self-assessment to meet oversight requirement of HKMA  
  • Maintain the Principles for Financial Market Infrastructures (PFMIs) Disclosure Framework  
  • Perform research on regulatory updates and relevant compliance issues
  • Perform other duties as assigned by supervisor(s)

 

Requirements

  • Degree holder in Law (LLB) or equivalent
  • Minimum 4 years of relevant post-qualification experience, preferably gained from banking or financial sector
  • Well versed in the ordinances related to the banking/financial industry and good knowledge of compliance rules, regulatory requirements, procedures and guidelines
  • Good writing skills in English and Chinese
  • Excellent command of English and Chinese, proficiency in Putonghua will be an advantage
  • Strong interpersonal, supervisory and analytical skills; self-motivated and independent

 

How to Apply

Interested parties please send your curriculum vitae stating your current and expected salaries, and the contact phone number to the Human Resources Division, 25/F, MG Tower, 133 Hoi Bun Road, Kwun Tong, Kowloon or apply online by clicking the "Apply Now" button below.

 

All applications and personal information collected will be treated in strict confidence and only be used for the purpose of recruitment and selection. The information collected will be accessed by our authorized personnel only. Unsuccessful applications will be retained for one year for possible future job matching, and will be destroyed after the expiry of one year.

 

Company Info

The Hong Kong Interbank Clearing Limited (HKICL) is a private company owned by the Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB). The key objective of the company is to develop and operate a safe and efficient multi-currency and multi-dimensional financial infrastructure in Hong Kong. It operates an integrated financial infrastructure platform for:

  • interbank large value funds transfers denominated in HKD, USD, Euro and RMB;
  • interbank money settlement of equity and debt securities transactions in Hong Kong via linkage established with the Hong Kong Securities Clearing Company Limited and Central Moneymarkets Unit system (CMU);
  • interbank small value funds transfer denominated in HKD and RMB, i.e. the HKD and RMB faster payment systems (FPS);
  • interbank clearing and/or money settlement of retail payments in Hong Kong such as paper cheques, autodebits, autocredits, credit card payments, etc.; and
  • the HKMA’s CMU system, as a computer operator.
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