Director, CFCR CIB Digital Assets Job Description

Job Summary

BAU Overview

Provide expert, risk-based support to business and/or functional teams on digital asset activities, ensuring consistent application of frameworks, regulatory integration, and capability development across the enterprise.

Digital Assets (DA) Subject Matter Expert – DA Compliance, Financial Crime & Conduct Risk (CFCR) Hub

The primary responsibilities aim to ensure consistent interpretation of regulatory requirements, knowledge sharing, and effective training delivery, while advocating for digital asset compliance within the broader framework of the DA CFCR Hub.

Job Responsibilities

Business & Processes:
•    Deliver timely, risk-informed advice on digital asset products, clients, and transactions.
•    Apply enterprise frameworks, policies, and standards in business-specific contexts.
•    Support the design and review of controls within business activities, product approval, and governance.
•    Identify emerging risks and escalate complex scenarios.
•    Partner with the business to embed digital asset compliance aspects.
•    Ensure alignment with enterprise digital asset compliance outcomes.
•    Execute responsibilities under delegation from Risk Framework Owners for Compliance, Conduct, and Financial Crime risks.
•    Build and maintain effective policies/processes to address compliance risks, aligning with Group and regulatory requirements.
•    Provide governance and oversight over the implementation of compliance-related policies and standards for digital assets.
•    Provide direction and challenge to business units to ensure compliance with policies and standards.
 
Risk Management & Governance:
•    Act as second line Risk Owner for relevant processes.
•    Collaborate with counterparts to identify and mitigate horizon risks.
•    Ensure effective management of digital assets matters and regulatory issues.
•    Support a program for compliance monitoring and assurance for digital assets and provide advice on risk management frameworks and outcomes.
•    Ensure timely identification, assessment, and dissemination of regulatory changes and risks.
•    Liaise with internal audit and assurance functions to address identified weaknesses.
•    Attend governance meetings and provide reports to senior management.
•    Escalate potential risks and issues to senior management and propose control effectiveness and efficiency improvements.
•    Support management information and trackers to ensure issues related to digital assets are tracked and reported.

Job Requirements

• University Graduate or equivalent degree preferred.
• 8+ years working in Financial Institutions and/or FinTech Entities in Compliance Functions.
• Experience assessing and managing compliance risk associated with Correspondent Banking. 
• Ability to foster positive relationships with internal and external stakeholders at a senior level ensuring open collaborative environment.
• Ability to work independently and deliver efficient outcomes working through complexity and ambiguity.
• Demonstrated relationship building skills - both internal and external across multiple jurisdictions.
• High level of integrity and professionalism with strong planning and organisational skills
• Professional Accreditation such as Enhanced Competency Framework (ECF) under the HK Institute of Bankers (HKIB) would be an advantage.