Head of Wholesale Banking Compliance, Leading Bank

Location: Hong Kong
Job Type: Permanent
Reference: 02_200818
Sector: Compliance

A leading bank in Hong Kong is looking for a seasoned compliance specialist with extensive wholesale banking compliance and leadership to lead a strong team in Hong Kong

Responsibilities:

  • Ensure that the Bank is in compliance with external rules and regulations and internal policies and procedures, in the areas of general compliance and corporate banking
  • Provide advisory support on compliance matters relating to general compliance and corporate banking products and services
  • Work with the relevant parties to analyze the potential impact of regulatory trends and developments to ensure compliance with any new regulatory changes with respect to general compliance related and corporate banking
  • Review customer communication materials/correspondence with regulatory bodies regarding general compliance and corporate banking
  • To ensure that all the necessary general compliance and corporate banking compliance related documentation is properly maintained and updated
  • Provide training on general compliance and corporate banking compliance and promote compliance awareness among the associates 
  • Liaise with the local regulators on compliance matters.

Requirements: 

  • Degree holder preferably in Accounting, Law or related disciplines
  • Minimum 10 years’ relevant compliance experience in financial institutions
  • Familiar with the banking ordinance and rules, codes and guidelines issues by HKMA and SFC
  • Solid experience in corporate and commercial banking compliance and general compliance in banking sector is a MUST
  • Sound knowledge of the relevant laws and regulators pertinent to bank 
  • In-depth understanding of regulatory framework and solid experience in dealings with regulators
  • Strong leadership skills with ability to initiate, drive and manage changes
  • Committed to maintain robust compliance culture and high ethical standards
  • Excellent communication and interpersonal skill
  • Proficiency in both spoken and written English and Cantonese (MUST)