Responsibilities:

1. Keep abreast of the latest development in regulatory laws, regulations and rules, follow up the management systems of the Head Office and other relevant units, accurately grasp relevant themes and analyze their impacts on the Branch’s operation.
2. Promote, organize and establish the Branch’s framework of compliance policies (including regulatory compliance policies, compliance management rules, and violation reports and supervise their implementations) and assist the lines of business by reviewing their policies and procedures in compliance with applicable regulatory requirements and the Board approved policies.
3. Train staff on compliance issues and notify the business on any relevant regulatory changes.
4. Utilize relevant sources of the Branch and the external to fully understand, supervise and complete any periodical and non-periodic reports, statements, evaluation, assessment, investigation, application and filing matters required by the Hong Kong Monetary Authority (“HKMA”), the Securities and Futures Commission (“SFC”), the Companies Registry (CR) and other regulators and government departments as required.
5. Take charge of identifying and managing the Branch’s compliance risks, conduct compliance review and investigation on all of the Branch’s businesses and submit review reports to the Branch Management and Head Office on a quarterly basis.
6. Participate in evaluation on the Branch’s new products, take charge of compliance risk evaluation and submit evaluation reports.
7. Undertake compliance audits and drafting the reports.
8. Coordinate with legal counsel for preparing legal documents and obtaining legal advice and directly responsible for providing legal comments or simple legal drafting in response to user’s requests.
9. Develop and maintain the risk model assigned, e.g. customer suitability model in investment.
10. Develop and maintain the program and implementation plan of stress-testing of Hong Kong Branch.
11. Retrieve the circulars of and respond to requests from the Hong Kong Association of Banks (the Association) and maintain Hong Kong Branch’s profile in the Association’s website.
12. Lead or assist in ad-hoc projects as required, e.g. reporting of Deposit Protection Scheme.

Requirements:

1. Education: Bachelor or above with major in Law preferred
2. Experience: Over 10 years experience in related field, with necessary knowledge about Laws and Financial Market Products; Management experience preferred;
3. Skills/Ability: Familiar with operations of local financial institutions, and the framework and duty segregations of local regulators; Good organizational and communication skills with good command of both spoken and written English and Chinese; Knowledge of Mandarin preferred. Proficient in MS Office applications.

Candidates who are interested please include your current salary, expected salary and notice period in your CV. All information is confidential for use.

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SearchAsia is a prominent human capital consulting firm with a strong Asia Pacific presence.

Our commitment to our clients is to go beyond recruitment and into business partnership; we take pride in representing our clients and are proactive in participating in your growth. By providing thought leadership and guidance, we assist our business partners to navigate and manage the lucrative, but highly complex and uncertain, markets of Asia Pacific.

To our candidates, we believe in forging long-term relationships with you beyond providing career opportunities. Our consultants strive to have a complete understanding of every candidate's needs, career objectives and motivations, and continue to help you build and manage your careers.

All information would be treated with strictest confidence. We regret that only short-listed applicants would be notified

More job opportunities are available at our website: www.searchasia.com.hk