Compliance & Regulatory Job Openings...


Interested parties, please forward your detailed resume in an MS WORD format to bank.administrator@topexecutive.com.


Senior Compliance Manager - Neg.
Our client, a major Asian bank, is looking for a Senior Compliance Manager.

Requirements

• Degree holder in Law, Accounting or related disciplines
• Minimum 6 years compliance experience in a sizable financial institution and/or regulatory bodies
• Good knowledge in banking laws, operations, products and services
• Self-motivated, independent, pleasant personality with good communication skills
• Good command of written and spoken English and Chinese (including Putonghua)
• Candidate with less experience will be considered for the position of Manager, Compliance

• Enforce the General Compliance Manual of the Bank and provide assistance and training to staff as necessary.
• Review the current compliance controls of the Bank and identify proper actions for improvement if necessary.
• Perform regular tracking on all outstanding regulatory issues or findings not yet solved or responded by the Bank.
• Advise management on compliance issues and potential impact of regulatory trends and developments.
• Establish compliance monitoring program on the Bank’s various activities and undertake investigations into any suspicious transactions reported by both internal and external customers.
• Raise and maintain compliance awareness among staff by providing them with relevant information, publications and training on compliance matters.
• Assist in the management, supervision and training of compliance team members.

• University degree in Finance or Accounting, professional qualification is not required but preferred
• Minimum 2 years auditing experience preferably within Big 4 / authorized financial institutions or credit risk analysis
• Possess sound knowledge of bank’s services, investment products, investment industry market practices and regulatory framework
• Proficient using a computer, particularly using MS Office
• Proficiency in written and spoken English and Chinese (including Putonghua)

• Conduct ongoing reviews to determine the adequacy and effectiveness of the internal control and regulatory environment across all key activities in the Group
• Ensure that risks are effectively identified and constructive instructions are provided on solving or moderating risk and control issues
• Carry out investigations and ad hoc assignments when required in relation to control breakdowns
• Develop, design and execute audit programs to achieve objectives
• Substantiate and draft reports, and monitor follow up actions on findings
• Coordinate with other team members to complete the assignments efficiently and effectively in accordance with the audit plan
• Take up any other functions assigned by VP of Auditing

• MBA; Chartered Accountant, CPA or CIA preferred;
• Five to seven years of experience in auditing with emphasis in testing regulatory & compliance requirements;
• Experience in performing financial and operational audits using a risk-based audit approach;
• Strong knowledge of accounting, private banking, dealing activities, operations, reconciliations, information technology, and the regulatory framework (HKMA, SFC, MAS regulations);
• Ability to identify and recommend best practices;
• Excellent communication and report writing skills in English;
• Fluent local language skills and
• Ability to travel (over 30%)

• Conduct risk-based audits in the entire Asia Region
• Identify and assess potential risks to the business
• Review the adequacy of controls established to ensure compliance with policies, plans, procedures, and business objectives
• Assess the reliability and security of financial and management information and the systems and operations that produce this information; means of safeguarding assets
• Review established procedures and systems and proposing improvements
• Assist and advise management on the prevention of fraud and defalcation, unethical practices, code of conduct, insider dealing;
• Appraise the use of resources with regard to economy, efficiency and effectiveness
• Audit the following: sophisticated financial products, services and operations, equities trading platforms, hedge funds, structured products, credit and lending, regulatory compliance, KYC due diligence including money laundering controls
• Aid in the preparation of reports to various levels of management including the Audit Committee
• Coordinate activities with the external auditors to facilitate effective communication, avoid duplication or timing conflicts, and achieve optimal cost effectiveness and
• Provide support to International Audit Services Department in conducting audits in locations outside of the Asia Region

• University graduate with at least 10 year compliance experience, exp in asset management and risk management is a plus
• Familiarity with the Securities and Futures Ordinance and the rules, codes and guidelines issued by the Securities and Futures Commission
• Excellent English
• Mature, stable & independent

• Conduct day-to-day management of the compliance process & travel surveillance of trades
• Participate in ad-hoc project work
• Prepare internal policies and procedures
• Prepare quarterly compliance & quality barometer report to the Head Office
• Provide advice regarding compliance implications arising from strategic and regulatory directives
• General compliance initiatives
• Daily trades reviews and liaisons

• Monitor compliance issues and potential impact of regulatory trend and developments
• Plan compliance and control reviews and advise on ways to comply with regulation and policies
• Establish and maintain compliance procedures and polices
• Proactively identifying compliance issues & trends and establishing preventive measures
• Prepare compliance checking reports for senior management
• Review the current compliance controls of the Bank and identify proper actions for improvement if necessary
• Provide effective support and advice on ethical obligations / compliance related issues to the company
• Undertaking regular and ad-hoc compliance monitoring reviews

• University graduate with major in Finance or Accounting with professional membership of recognized accounting bodies.
• At least 6 years Compliance experiences in Banking
• Preferably with practical knowledge and experience in fix income
• Good knowledge in banking laws, operations, products and services.
• Familiar with the related regulations
• Strong verbal and written communications skills in English and Chinese, with the ability to communicate in Mandarin.
• Good Personal Computer Skills
• Candidates with less experiences will be considered for the post of Senior Officer/Officer