FCC, Compliance Control Officer

Job description

Tasks

• Supporting the Regional Head FCC in ensuring compliance with local regulations and internal policies, procedures, and instructions
• Supporting the Regional Head FCC in managing regulatory issues, trends, and emerging risks
• Supporting the Regional Head FCC in implementing the headquarters' comprehensive monitoring program in accordance with globally defined standards
• Promoting close working relationships with key stakeholders at headquarters and other locations (particularly Hong Kong) to ensure a consistent control framework and alignment of testing steps/methodologies.
• Maintaining good relations with auditors, MAS/law enforcement agencies, and key stakeholders to stay abreast of regulatory developments
• Support in implementing initiatives relating to the bank's risk culture and HR's disciplinary and escalation framework
• Development, implementation, and documentation of compliance controls, particularly in the area of combating financial crime, within specified deadlines
• Participation in compliance strategy roadmap projects and coordination of the completion of head office initiatives
• Development of QA and testing frameworks, including annual QA and testing 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 unresolved and systematic findings
• Support in validating and tracking final assessments
• Conducting investigations and coordinating escalation to the disciplinary committee in accordance with HR framework
• Support with ad hoc handling of compliance and regulatory inspection updates and reporting (internal and external)
• Supporting the Regional Head FCC and contributing to compliance training programs for employees (if applicable)
• Demonstration of appropriate values and conduct, including compliance with standards against financial crime, honesty and integrity, care and diligence, fair treatment (fair treatment of customers), management of conflicts of interest, competence and continuous development, appropriate risk management, and compliance with applicable laws and regulations.
• Coordination of the implementation of controls, escalation of deviations, deletion, and updating
• Timely completion and submission of compliance controls in relevant systems

Requirements

Personal and social skills

• A strong sense of responsibility, integrity, and good judgment
• Thorough, detail-oriented, and analytical
• Dynamic personality with the ability to work independently and as part of a team
• Flawless organizational skills with the ability to handle multiple tasks and meet tight deadlines
• Courage to speak up and escalate risks
• Proactive, self-motivated, and eager to contribute ideas for solving problems
• Excellent verbal and written communication skills with the ability to create accurate and effective presentations and reports

Professional and technical skills

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

Regulatory requirements (if applicable)

• Experience in a similar role

We offer