Our client is a European Private Banking To cope with the rapid business expansion, they are now inviting high caliber candidates to join the team

Responsibilities:

Tax

• Provide advisory on FATCA, CRS/AEOI and US Persons;
• Support the FCT team in assessment of tax compliance in complicated structures such as Trusts and Funds;
• Work with Front Office and Business Management to execute the Relationship Manager Inquiry exercise
• Work with Front Office and various Operations functions to execute the Change in Circumstances process and monitor the status of the case created
• Perform periodic checks on the client population to ensure compliance with the relevant FATCA, CRS/AEOI and NPA requirements
• Perform internal classification activities for FATCA and CRS/AEOI
• Perform quality assurance checks on the FATCA and CRS/AEOI annual reporting
• Ensure the NPA obligations are met
• Maintain and update Tax related Directives
• Support Head Office in implementation of new Tax related requirements
• Other adhoc requirements

• 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, general 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
• Assist in the preparation and submission of compliance/regulatory reports for management, regulators, auditors etc;
• Assist in audits and inspections, and investigations where required;
• Involve in special work projects and other Compliance team work matters as and when required

Competencies

• Degree Holder in Finance /or equivalent 
• at least 5 years of Compliance Monitoring and testing/ AML/KYC or related  control discipline in Private Banking Industry .  
• 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;
• Team player

Please send full resume with present & expected salary to expedite sourcing in MS-WORD format by clicking “APPLY NOW”
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Asia Progress is a well-established and reputable boutique talent acquisition agency specialising in the Banking & Finance industry. We firmly believed in providing exclusive and bespoke talent search to our clients and career advice to our candidates. 

Equipped with solid experience in recruiting for all levels, we have successfully developed an established and renowned practice. Our reputable network in the Banking & Finance industry is what makes us stand out from our competitors and enables us to remain competitive yet at the same time providing professional talent search and career advice.

For enquiries and contact details, please visit: www.asiaprogress.com.