FCC, Compliance Control Officer

Tasks

• People Management:
  • Support 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 addressing emerging risks.
• Client Management (internal & external):
  • Supporting the Regional Head FCC in implementing the Head Office 2LoD monitoring program in accordance with globally defined standards.
  • Promote close working relationships with key stakeholders at Head Office and other locations (particularly Hong Kong) to ensure a consistent control framework and alignment of testing steps/methodologies.
  • Maintaining good relationships with auditors, MAS/law enforcement agencies, and keeping up to date with important regulatory developments.
  • Support the implementation of the Bank's risk culture initiatives and HR's disciplinary and escalation framework.
• Business Management:
  • Development, design, and implementation of compliance 2LoD controls, particularly in the area of combating financial crime, within specified deadlines, including proper documentation and timely escalation of findings to senior management.
  • Participation in compliance strategy roadmap projects and coordination of the completion of various head office initiatives.
  • Development of QA and testing frameworks, including annual QA and testing plans, risk assessment, 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 results.
  • Conduct investigations and coordinate escalation to the Disciplinary Committee in accordance with the HR framework.
  • Support with ad hoc handling of compliance and regulatory inspections and reporting (internal and external).
  • Support the Regional Head FCC and contribute to compliance training programs for employees (if applicable).
• Other:
  • 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:
  • A strong sense of responsibility, integrity and good judgment.
  • Thorough, detail-oriented and analytical.
  • Dynamic personality with the ability to work independently and in a team environment.
  • Fault-tolerant organizational skills with the ability to multi-task and meet tight deadlines.
  • The courage to speak up and feel comfortable with risky topics.
  • Proactive, initiative-driven, and suggestion-oriented when solving problems.
  • Excellent verbal and written communication skills with the ability to create concise and effective presentations and reports.
• Professional and Technical:
  • 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