Assistant Vice President, Business Compliance & Operational Risk

Job Summary 

Reporting to Team Head of Business Compliance and Control of Wholesale Banking Group. The job holder will assist the Team Head of Business Compliance & Operation Management Team within Wholesale Banking Group for process re-engineering project. The role will also act as Operational Risk Partner to roll out ORM’s initiatives and projects. 

The job holder is required to collaborate work closely with RMs and ORM to ensure strict adherence to bank standard and operational procedure. This position will also ensure an effective compliance & control infrastructure be maintained and Business is conducted in safe and controlled environment and in compliance with regulatory requirement. 

What you will be doing:

• Process account opening / maintenance request in a timely manner

• Assist in handling CDD assessment / triggering event / e-banking application, dormant / inactive account reactivation and etc

• Act as a checker and provide guidance & oversight to junior team members

• Ensure all documentations received is current, accurate and complete

• Ensure onboarding process comply with internal / external policies / regulations

• Communicate with internal / external parties to obtain and review all KYC document

• Provide reasonable assurance of compliance with applicable regulatory and internal/ Group requirements, policies and procedures

• Provide advisory support on regulatory and compliance issues and process in relation to KYC/ AML matters

• Conduct compliance awareness/ reporting/ self-assessment/ training programs and drive communication upon compliance regulatory & policy updates.

• Act as subject matter expert for client on-boarding to ensure full compliance with internal process, regulation and policies & procedures 

• Participate in client onboarding & lifecycle management project or other KYC related project

• Support additional initiatives and ad-hoc assignments related to Core Banking System as required

• Participant in any ad-hoc projects to be assigned

What we are looking for:

• University degree in business related disciplines with minimum 3 years’ relevant client onboarding / compliance experience in corporate banking

• Strong knowledge of regulatory requirements and industry trends

• Analytical and problem-solving skills, with the ability to identify and assess compliance risks

• Excellent communication and interpersonal skills, with the ability to work collaboratively with various stakeholders

• Strong attention to detail and organizational skills, with the ability to prioritize tasks and manage multiple tasks simultaneously

• A proactive and adaptable approach, with a commitment to maintaining the highest standards of integrity and compliance

• Associate AML Professional (AAMLP) is preferable

• Proficient in MS Office applications

• Professional presentation and report writing skills

• Well versed with banking and regulatory requirements (e.g. Code of Banking Practice)

• ECF - Operational Risk Management (ORM) - Professional - Role 1 is preferable