VP, Compliance Assurance and Testing, Financial Crime & Security Services

Business Function

Group Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.

Responsibilities 

• To design and formulate bank wide annual compliance review and testing plan in relation to AML in consultation with and under the guidance of Head of FCSS
• Being the country centralized contact point of AML compliance testing, to make reference to the risk assessment framework adopted by Group FCSS/Compliance and to align implementation and execution in regional and country; also coordinate with Group FCSS / Compliance for any Group Compliance Testing Team’s request
• To ensure the implementation of compliance review and testing plan according to agreed schedules and framework and to ensure compliance review covers key regulatory requirement under FCSS
• To perform regular thematic and ad hoc compliance reviews
• To perform regular testing on AML/CFT, Sanctions and Fraud related areas and processes
• To work with stakeholders to agree the management actions on the observations identified with relevant Business Units and Supporting Units
• To prepare and distribute review and testing reports and provide valid recommendations to Business Units and Supporting Units on observations identified, ensure all follow up actions raised during compliance reviews are resolved and records are kept properly for audit trails purpose
• To have ability to work on several different reviews and different individual at the same time

Requirements

• A degree in Laws, Finance, Accountancy, or related disciplines
• Relevant qualification on AML/CFT e.g. AAMLP/ACAMS is preferred
• At least 8 years’ experience in: 1) compliance / legal or audit department of a bank or authorized / licensed financial institution; or 2) a local or overseas banking or relevant financial supervisory body; or 3) a professional legal or audit / accountancy firm with banking or financial services compliance / regulatory advisory experience
• Good exposure on regulatory dealing is a must. Ability to obtain valuable market practices from peers is a plus
• In-depth knowledge of banking and financial sector laws and regulations, compliance best practices and understanding of financial products and operating business, in particular those relating to Business Units / Supporting Units
• Ability to understand the business, analyze issues and formulate appropriate recommendations
• Ability to foster compliance culture, in particular within Business Units / Supporting Units and the compliance team
• Ability to effectively communicate with management and front line staff to drive compliance initiatives and other relevant process changes / projects
• Sound interpersonal and communication skills
• Good writing ability
• Good team player

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We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidate