Vice President, Compliance & Control (Hong Kong Investments FCC)

Prepare, maintain, review and improve current compliance and AML/CTF related policies, regulations, guidelines, code of conduct, standards of good practice applicable to the Investments Distribution business. Analyze existing and proposed legislation, regulatory announcements and industry practices relevant to the Investments businesses. Identify gaps, develop and implement controls, processes and procedures to meet existing and upcoming requirements ensuring compliance with all applicable laws, rules and regulations. Coordinate the relevant examination/ reviews being conducted by regulators, external, consultants, external or internal auditors as applicable. Contributes to the preparation of time sensitive reporting and appropriately escalates issues to Head of Financial Crimes Compliance - APAC and senior management. Remain current with AML regulatory developments and issues. Assume the role of Money Laundering Reporting Officer (MLRO) for the Investments Hong Kong and Singapore entities and responsible for all associated responsibilities/tasks. Support MLRO activities to the extent possible for offshore Investments entities in Korea, Taiwan and Japan. Provide AML/CTF advice and guidance to the first line of defense (1LOD) on AML regulatory issues and application of policy requirements to their business lines and customers, as required for the APAC region. (e.g., advice on difficult/complex cases and approval for customer due diligence (CDD) exceptions or extensions, where permissible in accordance with applicable AML regulations and policy requirements). Advise 1LOD in ensuring that financial crime risks are assessed in relation to changes to systems, customer onboarding, new products, acquisitions and any other relevant initiatives. Provide review and challenge for business line and legal entity AML/CTF and Sanctions risk assessments. Review and challenge other financial crimes-related control documentation Engage with Global and Regional FCC and other enterprise program teams to support implementation/execution of controls enhancements, incorporating local requirements as necessary. Maintain strong working relationships with outside regulators, government officials and senior business unit managers as necessary to ensure the timely delivery of information and increase the likelihood of favorable conditions for compliance activities. Lead the training and education for Investments business/staff on relevant compliance topics and requirements. Responsible for developing training materials as appropriate. Proactive and flexible team play with strong influencing and stakeholder management skills and/or willingness to learn. Bachelor‘s degree or the equivalent combination of education and experience is required. Business or Finance degree preferred. 7-10 years of total work experience preferred. Financial Services, Audit or Compliance background and/or experience with banking/financial services compliance, FCC/AML/Sanctions and/or asset management experience. Strong regulatory knowledge (e.g. SFC, MAS, etc.) of the rules and regulations (e.g. Hong Kong, Singapore, Japan). Proven ability to work as an effective partner with the business and the broader compliance team while retaining objectivity, independence of thought and decision-making. Demonstrated problem solving and analytical ability, and strong communication skills. Strong team player and communicator. Good command of written and spoken English, capable of reading and reviewing materials and regulations in Chinese.