FCC, Compliance Control Officer

Job description: FCC, Compliance Control Officer

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.
• Supporting the Regional Head FCC in implementing the Head Office 2LoD monitoring program in accordance with global standards.
• Maintaining 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 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.

Further tasks

• Development, implementation, and documentation of compliance 2LoD 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.
• 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 unresolved and systematic findings.
• Support in validating and tracking findings.
• Conduct investigations and coordinate escalation to the Disciplinary Committee in accordance with the HR framework.
• Support in handling ad hoc compliance and regulatory inspections and reporting (internal and external).
• Support the Regional Head FCC and contribute to compliance training programs for employees (if applicable).
• 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 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 university degree with more than 3 years of experience in compliance testing/quality control or auditing, preferably in the field 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, guidelines, and procedures in the private banking sector.

Regulatory requirements (if applicable)

• Experience in a similar role.

We offer

No specific benefits or incentives mentioned.