regulatory compliance - private banking (6 months contract) in Hong Kong

posted
contact
eugenia tse, randstad hong kong
job type
temporary
salary
HK$ 40,000 - HK$ 47,000 per month
apply now

job details

posted
location
hong kong
specialism
banking & financial services
job type
temporary
working hours
Full-Time
salary
HK$ 40,000 - HK$ 47,000 per month
experience
4 years
reference number
91M0129782_1551783095
contact
eugenia tse, randstad hong kong
apply now

job description

RESPONSIBILITIES:

  • Assists the Management to monitor the PCG (private client group) Compliance Program effectively manages the regulatory, compliance risks inherent in the PCG business activities in Hong Kong.
  • Support BMO Private Bank operations in Hong Kong and manage the regulatory relationship.
  • Provide second-line of defense advice focusing on trust, discretionary portfolio management and advisory businesses and oversight to ensure that the compliance program is conducted in accordance with internal policies and applicable laws and regulations.
  • Maintaining updated all policies, procedures and internal controls designed to oversee and challenge the first line’s compliance with applicable regulatory requirements.
  • Monitor and test the first line’s compliance and supervision program. Respond promptly to detected non-compliance and recommend corrective action;
  • Ensure that all second-line regulatory compliance policies and procedures are documented, easily accessible, updated as necessary and communicated to management in the impacted lines of business;
  • Maintain appropriate documentation, records and reports for review by auditors and regulators.

REQUIREMENTS :

  • Completed University degree in Law, Finance, Business Administration or similar;
  • Relevant compliance experience which may include: private banking, wealth management, bank systems or operations, audit, compliance or law;
  • Excellent knowledge and understanding of the Hong Kong regulations (including experience having contact with the HKMA and SFC) and knowledge of industry best practices in compliance, governance and risk management;
  • Good understanding and knowledge of private banking;
  • Excellent verbal and written communication skills in English and Chinese.

For interested parties, please send your detailed resume together with current and expected salary or please contact Eugenia Tse @ 22323490. All personal data collected will be kept under strictly confidential and will be only used for recruitment purpose.

skills

financial services; regulatory compliance; private banking; private wealth management

qualification

University degree in Law, Finance, Business Administration or similar

educational requirements

Bachelor Degree