ASSISTANT VICE PRESIDENT, COMPLIANCE ASSURANCE - LEGAL & COMPLIANCE DEPARTMENT
Sumitomo Mitsui Banking Corporation
- Company Industries：Banking
Job Information
- Post Date：2022-10-13
- Career Level：Senior
- Location：Central
- Yr(s) of Exp：5 years
- Qualification：Degree
- Employment Type：Full Time, Permanent
- Job Function：Accounting Credit Control Professional Services Legal & Compliance Banking / Finance
- Benefits：Five-day work week
Job Description
Job Duties & Responsibilities:
- Conduct effective, objective, risk-based compliance monitoring activities pursuant to the annual Compliance Monitoring Plan.
- Identify potential or actual regulatory risks arising from the results of compliance monitoring and proposing recommendations to the relevant stakeholders in order to mitigate the identified risks.
- Conduct compliance monitoring activities in accordance with the annual Compliance Action Plan, and upon ad hoc request by the Manager, Local Compliance Officer (“LCO”) or Chief Compliance Officer East Asia ex China (“CCO”).
- Review and assess the adequacy and effectiveness of the Bank’s compliance risk control framework during the review. Identify key deficiencies, assess the implications, and provide recommendations to the relevant stakeholders on mitigating actions.
- Follow up on the timeliness and effectiveness of the implementation of agreed mitigating actions as a result of the compliance monitoring activities. Upon request, follow up on the management actions arising from Internal Audit reviews or regulatory examinations, where appropriate.
- Prepare regular and ad hoc reports for the Manager and CCO to review for submission to Branch management, Regional and Head Office.
- Assist in ad hoc compliance related review or investigation / carry out any other duties as instructed by the Manager or the CCO.
- Escalate key issues, including matters with regulatory concerns to the Manager and the CCO on a timely basis.
Requirements:
- University graduate, preferably with professional qualifications e.g. CPA
- 5 years’ relevant experience in legal and compliance, operational risk management, risk controls function and/or internal audit, etc.
- Sound knowledge in laws and regulations applicable for banking industry
- Good team player with strong interpersonal skills
- Good command of written and spoken English & Chinese
- Independent, self-motivated and able to work under pressure
Please apply with detailed resume stating latest and expected salary by email via "Apply now".
SMBC is an equal opportunity employer. We are committed to fostering a diversified and inclusive workplace and removing barriers to provide equal access to employment.
Application details will be used only for recruitment purposes, and will be destroyed after 1 year. Applicants not contacted after 6 weeks may consider their applications unsuccessful.
Company Info
Sumitomo Mitsui Banking Corporation (三井住友銀行) (incorporated in Japan with limited liability)is one of the major international banks and a leading arranger of specialized financial products worldwide. We now seek high calibre individuals with long-term career objectives to apply for the following position:
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