Assistant Vice President, Compliance Advisory

Job Purpose

• Assist Team Head in providing compliance advisory for the assigned portfolio (PBG/ WBG/ TMG) (“Specific Area”) in relation to licensing, investment, insurance, retail, corporate and Treasury Products to ensure the adherence to internal compliance control and relevant legal and regulatory requirements

Key Responsibilities

• Provide compliance advisory support in relation to Investment, insurance, retail, corporate and Treasury Products to all business units and support units of the Bank
• Provide support to business and / or supporting units in the development, implementation and regular review of policies and procedures for their operations with due regard to all applicable regulatory requirements in the Specific Area
• Assist Team Head to advise management on compliance issues and potential impact of regulatory trends and developments in designated areas
• Collaborate with Compliance Assurance and Control Room Compliance team in performing compliance monitoring program on the Bank's various activities in investment compliance if necessary
• Conduct compliance review on complaint cases and provide necessary advice in the area of designation
• Review the current compliance controls of the Bank and identify proper actions for improvement if necessary in the area of designation
• Liaise with regulators and handle the ad hoc examination, surveys, enquiries
• Ensure compliance with relevant regulations, policies and guidelines and seek advice from appropriate authorities in the relevant jurisdiction when needed

Requirements

• Degree holder in Law, Accounting or related disciplines
• Minimum 8 years banking, legal, general audit or compliance experience preferable in a sizable financial institution and/or regulatory bodies
• Holder of Associate Compliance Professional (ACOP) Certificate under the HKMA ECF on Compliance is preferred
• Expertise in compliance regulations and practices and have good understanding on regulators’ expectation
• Good command of written and spoken English and Chinese (including Putonghua)