WPB Business Financial Crime and Regulatory Risk (BFR) Manager

WPB Credit and Financial Crime Risk Control - WPB Business Financial Crime and Regulatory Risk

We are currently seeking a high caliber professional to join our department as WPB Business Financial Crime and Regulatory Risk (BFR) Manager.

The jobholder should have in depth knowledge and significant experience in financial crime, regulatory risk, products and services, customer experience, process and procedure, systems, controls and excellent communication skills to undertake a series of WPB business financial crime and regulatory risk.  

Principal responsibilities

• Support Financial Crime Risk Management of Wealth and Personal Banking (including Private Banking), covering Sanctions, Name Screening and Tax Transparency, etc.
• Support and ensure timely implementation of Group’s/ Bank’s Sanctions and Name Screening policies & procedures and LoBPs, as well as Client Tax Reporting (FATCA/CRS) to meet Group/ regulatory expectation
• Oversee the end to end Client Tax Reporting (FATCA/CRS) activities and annual reporting to ensure the regulatory compliance
• Collaborate and maintain good working relationship with internal stakeholders to ensure all the deliverables are achieved smoothly within scheduled timelines
• Prepare training materials and deliver trainings on the above to strengthen Business Units’ knowledge
• Provide accurate and timely project updates regularly to Senior Management/ Head of Business Financial Crime and Regulatory Risk
• Support Head of Business Financial Crime and Regulatory Risk to execute the WPB Financial Crime and Regulatory Risk activities and identify areas for improvement to enhance the overall risk management at pace and with minimum conflict; and analyse stakeholder goals and effectively manage their expectations, addressing any misalignment
• Ensure tasks/ initiatives adhere to both internal and external regulatory requirements, Local and Group policies and standards and minimise general risk to the Group

Requirements

• University degree in a related discipline OR other relevant qualifications, with at least 5 to 7 years of relevant working experience
• Experience in conducting Know-Your Customer (KYC) and Customer Due Diligence (CDD) review on Personal, Private banking and Corporate Clients for on boarding, periodic and event triggering review is preferred
• Sufficient business understanding of WPB objectives and operating model as well as Group policies and standards
• Proven record of effective management in Financial Crime Risk, project planning, decision making, and identifying priorities
• Great sense of ownership to complete regular/ ad-hoc assignments and projects within time scales and of high quality output
• Strong analytical skills and risk awareness, be change oriented and able to cope with pressure and tight deadlines to handle multiple tasks independently
• Good communication and interpersonal skills to build connections and work collaboratively within WPB and across line of businesses
• Proficiency in both English and Chinese