Senior Officer, Business Control, Treasury & Markets Group

Mandatory Reference Checking Scheme (“MRC”) for Hong Kong

The Mandatory Reference Checking Scheme is a framework to facilitate Authorized Institutions (“AIs”) to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual’s previous employments can be provided to AIs to inform their employment decisions.

For information related to MRC Scheme, “Frequently Asked Questions for In Scope Individuals” is published by HKAB/Industry Guidelines (https://www.hkab.org.hk/en/home) or further information will be available upon request, if it is applicable to the position(s) applied.

Country of Location:

Job Responsibilities:

• Work with internal parties to assist in the update of procedures and guidelines so that practices are in place to address all key operational risks.
• Assist in selling process validation and control, such as suitability assessment, risk disclosure, process re-engineering to efficiently fit regulatory requirements.
• Maintain appropriate records and provide information to facilitate management reporting and analysis on operational risk related reporting.
• Assist in the implementation of internal controls to ensure daily activities by Treasury traders and marketers are in compliance to HKMA guidelines and internal procedures.
• Regular review and update Risk and Control Self-Assessment (“RCSA”) arising from outsourcing, project, new products for all key business lines / operations.
• Help to perform root cause analysis of operational risk and regulatory risk cases with timely completion of mitigation actions.
• Assist in regulatory projects or drive changes to meet new regulatory initiatives.
• Participate in various control testing or initiatives driven by other control units.
• Organize and conduct training for TMG to share operational risk and control practices.
• Assist in the administrative control functions for TMG.
• Provide new join / transfer / exit logistic arrangement for colleagues.

Requirements:

1. Education Qualification
• Degree holder in IT, Business, Economics, Finance or related discipline.

2. Working Experiences
• 1-3 years working experience and preferable related to treasury and global markets.

3. Professional Qualification / HKMA Enhanced Competency Framework Qualification / Professional Examination / License
• N/A

4. Business Knowledge
• Preferably with knowledge of Treasury products.
• Knowledge in HKMA guidelines and relevant regulatory framework.