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 2L.oD monitoring program in accordance with globally defined standards.
• Establish 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.
• Maintain good relationships with auditors, MAS/law enforcement agencies, and key stakeholders to stay abreast of 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 second line of defense compliance 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).

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 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, initiative-driven, and suggestion-oriented when it comes to solving 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 assurance 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