Deputy General Manager, Risk Management & Compliance (FCC)

 Responsibilities: 

• Assist the Department Head in managing the enterprise-wide Financial Crime Compliance framework, with a focus on AML, CFT, and Sanctions. Drive enhancements to monitoring mechanisms and reporting programs to identify, assess, and mitigate potential risks.


• Direct and lead the AML Compliance & Project Team and the Financial Crime Compliance Team, ensuring effective risk management practices that adhere to regulatory requirements and the Company's risk appetite.


• Formulate and implement the AML/CFT risk management strategy, policies, and procedures across the First and Second Lines of Defence (FLOD & SLOD) to ensure robust identification and mitigation of financial crime risks.


• Provide regulatory advisory on AML/CFT working procedures to FLOD, and guide SLOD compliance processes to ensure strict adherence to AMLO and HKMA guidelines.


• Drive AML system automation and RegTech initiatives (e.g., Customer Risk Assessment, Transaction Monitoring, STR). Review and finalize the Departmental Risk Register while critically challenging FLOD's risk mitigation measures.


• Provide training and insights to raise compliance awareness across the organization. Oversee managerial tasks including budgeting, recruitment, performance management, and talent development within the AML and FCC teams.

Requirements: 

• Bachelor’s Degree or above in Accounting, Finance, Audit, Law, Information Management, Mathematics, or Statistics.


• Professional certifications such as AAMLP, CAMS, CFE, or CPA is a strong advantage.


• At least 15 years’ relevant experience in Risk Management, Audit, or Financial Crime Compliance, preferably within the financial services, banking, or Stored Value Facilities (SVF) sectors.


• In-depth knowledge of HKMA’s AML/CFT guidelines, Supervisory Policy Manuals, and the Payment Systems and Stored Value Facilities Ordinance. Experience dealing with regulators (e.g., HKMA) and auditors is highly preferred.


• Proven leadership capability with experience directing senior managers and coaching professional teams. Must possess strong people management skills, including budget oversight and talent development.


• Strong analytical mindset with the ability to assess complex risks and financial crime incidents, and propose practical, effective mitigation measures.


• Excellent communication and influencing skills with fluency in written and spoken English and Chinese. Ability to negotiate and liaise effectively with both internal and external stakeholders at all levels.


• A proactive, detail-oriented self-starter with high professional integrity. Capable of working under pressure and managing multiple priorities while acting as a change agent to drive the risk management framework across the organization.

We offer successful candidate an attractive remuneration package and excellent career prospects. Interested parties please send your resume, present and expected salary, contact details and quoting the reference number by clicking "Apply Now"

Visit our web site: http://www.octopus.com.hk/


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Octopus is an equal opportunity employer and all employment decisions and Human Resources policies are administered; especially those relating to recruitment & selection, compensation & benefits, promotion & transfer, training & development and termination & redundancy; without discrimination on the basis of age, race, colour, religion, sex, national origin, marital status, pregnancy, physical and mental disability and family status but on genuine occupational qualification, job performance, employees’ ability and internal/ external relativities.