Other Key Relationship
Our client, a well-known global foreign private bank, is looking for high-caliber individuals to join them for the above position.
Perform controls over front office activities to ensure suitability investment advices and selling process is conducted in compliance with Bankâ€™s policy and regulatory requirements
Manage a team to perform daily suitability review
Facilitate communication between front office and the team
Involve in pre-trade and post-trade suitability monitoring to ensure actions are taken for potential non-compliant trades as per the Bankâ€™s internal policy and regulatory requirements, escalation of exception cases, follow up rectification and outstanding issues.
For example. reviews on regulatory client classifications (PI, IC PvB Cust), product risk rating and client risk profile mismatch, product knowledge & experience, Investment rationale etc
Monitor and conduct quality reviews on Investment Questionnaire, Investment Portfolio Review and Investor Characterisation
Assist in MIS reporting such as providing statistics and trend analysis relating to investment suitability and call monitoring findings
Prepare monthly report to Markets heads and Ops risks team on any transactions discrepancy and findings
Participate in ad hoc projects such as design suitability review framework for new products; ensure the departmental operating procedures are up-to-date.
Coordinate internal and external audit, tracking of status / progress of resolution on items raised by auditors
Conduct induction training on the bankâ€™s suitability requirements
At least 5 years of solid experience in banking operations and risk control, preferably in private banking business or wealth management
Self starter with detail-oriented mind, strong communication skills, work well independently and on a team
Possess strong control sense, able to identify potential risk and provides valid recommendation
Good command of both written and spoken in English and Chinese
Proficiency in MS Excel, PowerPoint and Word is a must
Interested parties please forward your CV in Word Format with current and expected salary to lyrioussze brshk.com and cc to info brshk.com