Manager, Business Compliance and Operation Risks Manager

Responsibilities

• Act as first line of defense to review and advise business on control matters, conduct transaction monitoring and business review to ensure adherence to internal/external requirements, identify possible compliance/operational risks/breaches, prepare management report(s) and provide recommendations to mitigate relevant risks
• Assess product due diligence request raised by business
• Coordinate BCP perform UAT for system changes
• Implement and review the risk control mechanisms (e.g KRIs) and risk monitoring requirements on the private banking business
• Work on regulatory survey(s) conduct annual risk and control assessment to ensure relevant risks are identified with proper control being laid down
• Review policies & procedures, risk assessment materials submitted by various units and to analyze the compliance/operation risks in new businesses / products / systems
• Conduct trade surveillance, daily report monitoring and other regular transaction and work flow monitoring to identify possible compliance/operational risks and provide recommendations to enhance control weaknesses
• Perform self-assessment, gap analysis against internal and/or regulatory requirements
• Work closely with business and second line of defense to implement regulatory and internal requirements on the private banking business
• Investigate operational risk incidents, recommend appropriate enhancement and monitor implementation status of action plan(s)
• Perform regular and ad hoc monitoring / self-assessment on relevant business activities and prepare management reports on compliance and operation risk related review results
• Coordinate internal / external review or audit
• Provide staff training where required
• Assist on other ad hoc tasks as assigned

Requirements

• Degree or above
• At least 5 years banking experience, with Operational Risk Management experience in banking sector. With relevant private banking background is an advantage.
• Good analytical, time management and interpersonal skills, with ability to prioritize tasks.
• Proficient in written, spoken English and Chinese
• Familiar with HKMA / SFC regulatory requirements

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