Act as first line of defense to advise business on compliance and control matters, conduct transaction monitoring and business review to ensure adherence to internal/external requirements, identify possible compliance/ operational risk/ breaches, prepare management report(s) and provide recommendations to mitigate relevant risks.
Work closely with business and second line of defense to implement regulatory and internal requirements on the private banking business.
Review marketing/ product materials submitted by various units, and to analyze the compliance risks in new business/ products/ processes/ system.
Conduct regular and ad hoc self-assessment, gap analysis, survey, independent review against various internal and/or regulatory requirements. Recommend follow up action to close the gaps.
Prepare regular (monthly/quarterly/annually) and ad hoc internal reporting to senior management, second line of defense.
Assist to conduct training to promote compliance culture.
Assist to investigate customer complaints.
Work on regulatory reporting matters, internal / external review or audit including coordinate with other departments, prepare response and carry out the relevant enhancements; or any other tasks assigned by supervisor.
Requirements:
Degree or above.
3+ years working experience in banking and finance, at least 1 year in relevant private banking Compliance. Strong investment product knowledge is an advantage.
Independent, excellent analytical, time management and interpersonal skills, with ability to prioritize tasks.
Proficient in written, spoken English and Chinese.
Familiar with regulatory requirements of private banking.
Seniority commensurate with relevant work experience.
