Assistant Vice President, Central Compliance Department, CAML

Responsibilities:

• Disseminate latest development of laws and regulations and its implications to business units and operation units and advise compliance implications for the implementation of regulatory requirements;
• Coordinate, undertake and advise business and support units in relation to ad-hoc compliance surveys or projects;
• Track and monitor the Bank’s progress in complying with new and change of regulatory requirements and recommendations of regulators (including conduction and follow-up of gap analysis and tracking of the completion of agreed action);
• Coordinate and advise business and supporting units when responding to compliance related enquiries and / or surveys raised / initiated by regulators and industry associations & handling enquiries from regulators;
• Handle and assist in the review of licensing / registration applications prepared by business units and Human Resources Division and prepare statutory notifications to regulators;
• Assist in cultivating compliance culture and raise compliance awareness among staff by providing relevant information, publications and training on compliance matters;
• Assist in the regular management reporting and conduct CSA checking;
• To support and maintain the filing and reporting function of the Central Compliance team.
• Identify and assess compliance risks of the Bank and provide recommendations to business and support units for compliance control improvement; and
• Take up ad-hoc assignments and projects as designated by Division Head / Department Head of Central Compliance.

Requirements:

• Degree holder in Law, Accounting, Finance or related disciplines
• Minimum 8 years general audit / compliance experience in banking industry 
• Good knowledge in banking laws, Securities and Future Ordinance, operations, products and services
• Self-motivated, independent, pleasant personality with good communication skills and able to communicate effectively at all levels
• Proficiency in using MS Word, MS Excel and MS Powerpoint.
• Familiar with relevant policies and procedures of the Bank as well as regulatory requirements
• Good communication and people management skills
• Proficiency in English and Mandarin