Scope and Purpose
Supporting the Local Compliance Officer in managing the relation with the Supervisory Authorities, as well as with internal and external auditors;
Supporting the Local Compliance Officer in managing non-compliance events, in providing assistance and cooperation to the concerned structures, in ensuring the identification and implementation of interventions to be taken to bridge any organizational and / or procedural gaps;
Conducting enhanced due diligence on high risk client on-boarding requests, including identification and assessment of any financial crime risks;
Periodic review of existing customers based on local ordinance and group policy requirements;
Conducting quality assurance and samples testing based on the second level controls framework;
Reviewing & performing the transaction monitoring and prepare the report to MLRO for filing STR when necessary;
Managing reporting information and risk assessment flows towards Head Office Compliance, and providing compliance advisory for day to day business activities;
Analysis of relevant compliance rules and support in the prior compliance assessment of all innovative projects / new products;
Supporting the Local Compliance Officer in monitoring remedial actions and timely update and report Head Office Compliance;
Minimum five years of Compliance advisory experience either in banks / financial institutions / local regulators;
Strong knowledge in managing local regulatory requirements, and advisory experience Financial Crime compliance matters;
Extensive experience in conducting risk assessments.
University degree in law, finance and / or economics;
Deep understanding of the Hong Kong regulatory environment and Knowledge of international Compliance regulations and practices;
Ability to research laws and regulations and provide advice on the applicability within a given environment;
Knowledge of financial institutions, correspondent banking and trade finance products and services;
Positive attitude towards colleagues and the organisation to ensure seamless communication;
Good knowledge of local and international Economic Sanctions laws, Anti-Money Laundering Ordinance and Anti-Bribery and corruption regulations;
Chinese fluent (both written and spoken); English fluent (both written and spoken), Italian is an advantage;
Excellent detailed-oriented skill set; Strong analytical and problem-solving capabilities; Excellent detailed-oriented skill set;
Ability to synthetize large volume of information and identify key issues, and to produce high quality work within challenging deadlines.
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