Job Details

Hong Kong
Competitive Salary
Job Type
Jay Orias
Contact email
Email Jay
Contact phone
11 months ago
  • Compliance Manager responsible for Wealth Management
  • Hong Kong Compliance and regulatory issues supporting Wealth Management

Responsibilities: -
  • Keep abreast of regulatory changes, developments and trends in banking, securities, financial advisory services and trust business to assess impact on the business
  • Review of and advise on new/proposed regulatory requirements, including working with other business & support functions on gap analyses where required
  • Provide timely regulatory and compliance advice and updates to business and support functions
  • Assist in advising on, drafting, review, updating and implementing Compliance policies and procedures for WM Hong Kong including, where required, aligning these across WM Asia
  • Assist in preparing training materials on relevant compliance topics, and conducting compliance training
  • Execution of the Regulatory Compliance Management (RCM) programme, escalation and follow through on resolution of issues identified from RCM; and assist in keeping RCM updated in accordance with regulatory requirements and implementing new RCM reviews where required
  • Assist in preparing and coordination of Compliance-related management reporting
  • Support Head of WM Compliance Hong Kong in managing regulatory relationships, ensure that regulatory notifications are filed accurately and on a timely basis as required, prepare and coordinate responses to regulatory inquiries, regulatory consultation papers, etc;
  • Assist with and follow up with regulators on routine enquiries, and external and where required, internal audit related matters
  • Assist in facilitating regulatory inspections, and in providing compliance support for external and internal audits, etc, and ensure appropriate escalation and resolution of regulatory/compliance issues identified
  • Assist in review of and advice on new and existing products and services, including marketing material and other material
  • Participate in global and/or regional projects within Compliance, work with other regional and global Compliance colleagues to ensure consistency in approach, policies and procedures
  • Degree with 5 years of compliance experience within a financial institution, regulator and/or other comparable environment, preferably in the private banking sector
  • Experience in dealing directly with regulators and auditors, strong understanding of HKMA and SFC rules and regulations, preferably private banking specific.
  • Experience in dealing product due diligence/suitability framework
  • Strong technical knowledge of local banking, securities & futures, and financial advisory services regulations
  • Strong attention to detail as well as ability to give a more strategic overview of regulatory issues, with support
  • Able to proactively manage and meet deadlines and work within a dynamic and fast paced team setup
  • Ability to prioritise and handle urgent matters in a calm and effective manner
  • Strong analytical and problem-solving skills

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