Vice President, Compliance

Job Responsibilities:

⁠Connected Transactions Policy Management:

• ⁠Policy Maintenance: Responsible for the periodic review, update, and maintenance of the Branch's connected transactions compliance policies, ensuring continuous alignment with the latest HKMA (e.g., TM-G-1) and Head Office requirements.
• Policy Advisory: Act as the primary internal contact for connected transactions policies, providing clear, accurate policy interpretation and operational guidance to various business and support functions.
• System Access Management: Manage user access rights for systems related to connected transaction identification and reporting, ensuring appropriate access controls and segregation of duties.
• ⁠Policy Reporting: Regularly prepare connected transactions policy implementation reports, monitoring reports, and regulatory submission materials, ensuring accuracy and precise articulation.
• Training: Design and deliver connected transactions compliance training for staff at different levels, develop training materials, and enhance staff understanding and adherence to policies.

Mainland Regulations Research & Advisory:

• ⁠Continuously monitor and conduct in-depth research on policy updates and legislative trends from Mainland financial regulators (e.g., NFRD, PBC, CSRC).
• Produce high-quality Mainland regulatory analysis briefs, impact assessment reports, and compliance recommendations to provide precise and actionable guidance to business units.
• Provide professional compliance advisory opinions on business initiatives, product design, and transaction structures involving Mainland elements.

Group Policy Analysis & Implementation Support:

• Analyze and interpret compliance policies issued by the Head Office/Group, assessing their alignment and gaps with local Hong Kong regulations.
• Assist in facilitating the effective implementation of group policies within the local regulatory framework, participating in the development of localized implementation guidelines.
• Prepare and submit well-structured, rigorously argued compliance policy implementation reports to management and the Head Office.

General Compliance Support:

• Support other compliance initiatives of the Branch leveraging understanding of the Hong Kong regulatory environment.

•⁠ ⁠Assist in completing other routine compliance reports and inquiries as required by regulators

Job Requirements:

• Bachelor's degree or above in Law, Chinese Language, or related Economic fields.
• Minimum 3 years’ relevant experience in banking compliance, legal, internal audit, or a related function.
• Experience in Head office of Chinese Banks, Big four accounting firms, Law firms or related professional fields is preferred.
• Exceptional Chinese writing skills are required. English Writing proficiency is not required, but the ability to read and comprehend English documents is necessary.
• A solid understanding of the Hong Kong banking regulatory environment is required, including knowledge of the HKMA‘s regulatory framework and key guidelines. Familiarity with the Mainland financial regulatory system is a strong plus.
• Strong communication and advisory skills, capable of explaining policy requirement effectively to different stakeholders.
• Meticulous attention to detail, strong logical analysis and organizational skills, and high professional integrity.