About the role
Responsibilities
- Lead and manage the personal banking compliance advisory team to provide pragmatic advice to business units (including retail banking) regarding regulatory compliance issues on general banking products/ services (including deposits, loans, credit cards, fintech projects);
- Oversee and assist business units in evaluating the compliance risk in product due diligence, and business initiatives;
- Support the establishment, implementation and update of compliance policies, procedures and provide trainings across business and operation teams to ensure compliance with the regulatory requirements;
- Give guidance to the business units on the handling of conduct-related incidents to ensure timely reporting to regulators and monitor the implementation of the rectification measures;
- Manage regulator enquiries and request and necessary reporting in relation to compliance related matters; coordinate with regulators and internal stakeholders as necessary;
- Prepare compliance reports to senior management and the relevant committees on the key compliance issues;
- Keep abreast of the latest development of legal and regulatory requirements, guide the business units to conduct gap analysis and provide compliance advice as necessary, monitoring the implementation progress;
- Supervise and coach team members to build a strong, high-performing compliance function aligned with the bank’s compliance culture.
Requirements
- Degree holder or above in Law, Banking and Finance, Accounting or related disciplines;
- At least 8 years' relevant experience in regulatory compliance and control experience in banking, financial sectors or regulatory bodies;
- Sound knowledge in retail banking products and related regulatory requirements (including Code of Banking Practice, the Personal Data (Privacy) Ordinance, HKMA relevant SPMs, the Deposit Protection Scheme Representation Rules and other relevant regulatory requirements in the area of retail banking) and the market practice;
- Good leadership, analytical and problem-solving skills, excellent communication skills in both English and Chinese (including Putonghua);
- High integrity, self-motivation and ability to work under with pressure in a fast-paced environment;
- Proficiency in using Microsoft office.