Vice President – Compliance, Private Wealth Management recruitment
Reporting to the Head of Hong Kong Compliance and working closely with the Head of Wealth Management, you will have oversight for the business' compliance to global policies and regional regulatory directives. Key duties will include assessing the bank's current compliance framework across cross-border business conduct, personal account dealing, production and distribution of marketing materials and liaising with Anti Money Laundering colleagues on high risk transactions . You will also set up monitoring programmes for client suitability and the surveillance of trades in addition to reviewing new products and business initiatives. Furthermore, you will prepare monthly management information reports and take a lead role in training all staff on developments in the regional regulatory environment.
The successful candidate will possess at least 8-10 years related compliance experience, at least 4 of which should be within the private wealth management / private banking space. This role requires someone with a strong grasp on regulatory (SFC and HKMA) and risk concepts who can apply set parameters to commercial situations. An ability to handle pressure and time critical situations is essential as are first rate communication and interpersonal skills. Candidates with more than 10 years experience may be considered for Executive Director grading.
