Assistant Vice President, Regulatory Compliance

Responsibilities:

• Provide compliance advice to First Line of Defence for alignment of the Bank’s internal controls in compliance with the regulatory requirements
• Assist business and supporting units to formulate or enhance the internal controls over day-to-day operation in compliance with the regulatory and supervisory requirements
• Analyse compliance risk associated with the new products/services and work with stakeholders to implement the risk mitigation measures
• Assesses the impact of new laws and regulations on the Bank’s business and operations, and monitor the follow-up actions taken by relevant parties
• Review the policies, guidelines and procedures of relevant business and operation units to ensure the adequacy of control mechanism to address with the applicable requirements
• Coordinate with internal stakeholders to timely reply enquiries from regulators and handle auditors’ enquiries related to compliance work
• Handle ad hoc projects assigned from management

Requirements:

• Degree holder in Business Administration, Risk Management, Law or related disciplines
• Holder of ECF on Compliance certification is preferred
• Substantial knowledge of regulatory requirements applicable to banking industry and good understanding of bank operation, products and services
• Minimum 7 years of experience in regulatory compliance / audit within financial institutions and regulatory bodies
• Proficient with retail and commercial banking operations
• Strong knowledge of regulatory requirements such as Banking Ordinance, Code of Banking Practice, Data Protection, Outsourcing, FATCA/CRS, etc.
• Responsible, detailed-mind, well-organized with good communication skills