Assistant Risk and Compliance Manager - Bank of East Asia (Trustees) Limited

Responsibilities

• Subject to background and experience, the suitable candidate will be assigned with related duties and responsibilities selected from the following areas:
• Monitor the compliance matters related to the operations of trust business.
• Monitor and implement oversight controls measures of daily operations of business units in areas of AML/CFT or risk management or frauds control or AEOI/CRS/FATCA, and regularly update and review returns/reports, internal policies, procedures, guidelines and processes.
• Perform quality assurance checking to ensure compliance, covering the transaction monitoring, name screening and periodic review for the pension scheme and/or trust.
• Provide risk and compliance advice in respect of existing and new regulatory requirements and to assess the potential impact.
• Handle enquiries from regulators and internal stakeholders on any specific areas related to compliance or AML or risks or frauds or CRS/FATCA matters.
• Prepare and/or review management reports to facilitate senior management oversight and provide requested information for regulators timely.
• Working with internal and external auditors or regulators to facilitate onsite inspection or audit process.
• As a Team builder to work with others to effectively accomplish assignments, including ad-hoc projects/tasks.

Requirements

• University graduate / professional qualification, preferably in business, banking, accounting, law, finance or related disciplines. 
• Minimum 3 years experience in financial industry or financial audit or compliance or internal controls or AML or risk management or frauds control field cover the following:
  • Good understanding of any one or more of the relevant requirements of KYC/CDD, AML/CFT, AEOI/CRS/FATCA, MPF/ORSO, unit trusts, data privacy, risk management or fraud control;
  • Able to understand the controls/ operations of pension/MPF/ORSO and/or trust businesses;
  • Supervisory level experience is an advantage;
  • Good time management skill of meeting deadlines with different priorities;
  • Strong self-discipline and communication and analytical skills;
  • Good team player with self-motivated, independent and good working attitude.
• Relevant banking experience or qualifications in regulatory compliance/ risk management/ AML/CFT such as HKIB ECF would be an advantage.
• Relevant knowledge and experience on handling SFC RA 13 or HKMA TB-1 would be a plus.
• Excellent command of both spoken and written English and Chinese.