About the role
Responsibilities
- Act as first line of defense to advise business on compliance and control matters, conduct transaction monitoring and business review to ensure adherence to internal/external requirements, identify possible compliance/operational risks/breaches, prepare management report(s) and provide recommendations to mitigate relevant risks
- Work closely with business and second line of defense to implement regulatory and internal requirements on the private banking business
- Review marketing/product materials submitted by various units, and to analyze the compliance risks in new businesses / products / processes/ systems
- Conduct regular and ad hoc self-assessment, gap analysis, survey, independent review against various internal and/or regulatory requirements. Recommend follow up action to close the gaps
- Prepare regular (monthly/quarterly/annually) and ad hoc internal reporting to senior management, second line of defense
- Assist to conduct training to promote compliance culture
- Assist to investigate customer complaints
- Work on regulatory reporting matters, internal / external review or audit including coordinate with other departments, prepare response and carry out the relevant enhancements; or any other tasks assigned by supervisor.
Requirements
- Degree or above
- 3+ years working experience in banking and finance, at least 1 years in relevant private banking Compliance. Strong investment product knowledge is an advantage.
- Independent, excellent analytical, time management and interpersonal skills, with ability to prioritize tasks.
- Proficient in written, spoken English and Chinese
- Familiar with the regulatory requirements of private banking
- Seniority commensurate with relevant work experience