FCC, Compliance Control Officer

Job description

Tasks

• Support the Regional Head FCC in ensuring compliance with local regulations and internal policies, procedures and instructions.
• Support the Regional Head FCC in managing regulatory issues, trends and emerging risks.
• Support the Regional Head FCC in the implementation of the head office's holistic monitoring program in accordance with globally defined standards.
• Foster close working relationships with key stakeholders at HQ and other locations (especially Hong Kong) for a consistent control framework and alignment of testing steps/methodologies.
• Maintaining good contacts with auditors, MAS/law enforcement agencies and key stakeholders to keep abreast of regulatory developments.
• Support the implementation of the Bank's risk culture initiatives and HR's disciplinary and escalation framework.

Main tasks

• Development, execution and documentation of compliance controls, in particular in the area of combating financial crime, within specified deadlines.
• Participate in compliance strategy roadmap projects and coordinate the completion of head office initiatives.
• Develop QA and testing frameworks, including annual QA and test plans, risk assessments, test QA scripts, procedures and sampling methods that take into account regulatory expectations and industry developments.
• Preparation and review of reports on non-closed and systematic findings.
• Support in the validation and tracking of declaratory conclusions.
• Conduct investigations and coordinate escalation to the Disciplinary Committee in accordance with the HR framework.
• Support with ad-hoc handling of compliance, regulatory inspection updates and reporting (internal and external).
• Support the Regional Head FCC and contribute to compliance training programs for employees (if applicable).

Requirements

Personal and social skills

• A strong sense of responsibility, integrity and good judgment.
• Meticulous, detail-oriented and analytical.
• Dynamic personality with the ability to work independently and in a team environment.
• Infallible organizational skills with the ability to multi-task and meet tight deadlines.
• Courage to speak out and escalate risks.
• Proactive, proactive and willing to suggest solutions to problems.
• Excellent verbal and written communication skills with the ability to create concise and effective presentations and reports.

Professional and technical skills

• A degree with more than 3 years of experience in compliance testing/quality assurance or audit, preferably in the area of combating financial crime.
• Strong knowledge of the regulatory environment and risk management, including the ability to identify and remediate related compliance risk issues.
• Experience in working with regulatory authorities and auditors.
• Knowledge of business, processes, standards, policies and procedures in a private banking sector.

Regulatory requirements (if applicable)

• Experience in a similar role.

We offer