Assistant Quality Assurance Manager - Operations Risk & Compliance

Responsibilities

• Assist Quality Assurance Manager on daily operations and processes of all channels that are executed in compliance with the Bank’s AML Policy and Guidelines.
• Assist in implementation of quality assurance program for new account opening, AML periodic review and post-transactions monitoring for BEA customers 
• Responsible for conducting difference sales compliance assurance and monitoring program on regulated selling activities to uphold a robust and effective sales surveillance framework for sales compliance assurance and management oversight
• Conduct different sales monitoring and review exercise within committed timeline and in good order for sales compliance assurance
• Compile MIS report, KRI and Dashboard within committed timeline and in good order for management oversight
• Follow-up any discrepancies and irregularities identified in the course of monitoring and review exercise and monitor the progress of the rectification and remediation 
• Engage in Regtech solution project to facilitate the adoption of technology to enhance the efficiency and effectiveness of the sales surveillance framework and mechanism
• Compile MIS report on monitoring of regulated activities or regular/ad hoc reporting to regulator
• Assist in performing quality assurance review for new account opening, AML periodic review for BEA customers
• Communicate and coordinate with business units on AML related issues
• Comply with all applicable regulations, rules, codes, guidelines and standards set by regulators and the Bank, and carry out duties with high integrity
• Adhere to all established risk control guidelines, procedures and measures to identify, assess, report, mitigate and monitor the risks involved in the day-to-day work
• Keep abreast of the market practice related to sales and risk compliance issue of the regulated selling process
• Take up ad-hoc projects and tasks as assigned by supervisor

Requirements

• University graduate; OR
• Minimum of 3 years’ experience in banking sector covers the following:
• Sound knowledge and exposure in AML or compliance related issues;
• Experience in investment or insurance is preferable;
• Familiar with relevant bank policies, procedures, practices and rules;
• Good communication skill and risk awareness;
• PC literate with good knowledge of MS Office; and
• Holder of professional qualification(s) of AAMLP or CAMS is preferable 
• Good command of both spoken and written English and Chinese