VP, Treasury Services Hong Kong Compliance Lead recruitment
VP, Treasury Services Hong Kong Compliance Lead
Business Description
JPMorgan Chase Bank is a global leader in the financial services industry, offering intelligent solutions across comprehensive and cutting edge global product platforms. You will be surrounded by smart, driven people like yourself, who in line with the highest standards of integrity, combine innovation and analysis to achieve industry leading results and recognition in accordance with the business principals fundamental to our success.
TSS is a dynamic business, comprising of Worldwide Securities Services (WSS) and Treasury Services (TS).
Treasury Services is a top ranked full service provider of innovative payment, collection, liquidity and investment management, trade finance, logistics, escrow and information solutions to corporations, financial services institutions, governments and municipalities.
Job Description
To support our current business expansion and our strategy to enhance Compliance coverage for the TSS business, the Compliance Department is seeking a highly motivated and experienced Compliance Officer to join the TSS Compliance team in Hong Kong Branch.
This integral role will focus on assisting the Treasury Services (TS) Hong Kong business management team in managing compliance risk. You will provide compliance and regulatory advisory for the TS business and associated support functions, including advice on existing and new Hong Kong banking regulations.
You will focus on Hong Kong, but will be required to ensure a consistent approach with elements of our global compliance program. The position includes evaluating compliance with relevant regulations, issue identification, assessing the impact of regulatory change and working with business management to build and maintain control mechanisms to remain in compliance with laws and regulations and to protect the reputation and franchise of the business. The role will review new business initiatives, operational procedures and major operational and systems changes from a regulatory perspective.
This role will also be responsible for managing and coordinating consultation exercises and industry group discussions, and managing relationships with key regulatory agencies such as the HKMA. The role will be the primary contact person with the HK regulators for TS issues, will drive TS HK regulatory projects and applications, handle regulatory enquiries and investigations and lead management of regulatory inspections as they each relate to the TS business.
Other aspects of the role in supporting the TS compliance programme include regulatory risk assessments, establishment of policies, performing training and executing compliance testing (as needed). The role may also prepare management and governance reports as needed.
Skills
Job Requirements
Essential Skills/Experience:
- Minimum 5-7 years regulatory or risk management experience gained within a financial institution or regulator
- Strong interpersonal and influencing skills, with the ability to establish credibility and strong partnership with senior business partners
- Strong analytical, problem-solving and organizational skills and the ability to manage several simultaneous projects
- Preferably good Treasury Services (e.g. transaction banking - cash management and trade finance) product knowledge.
- Knowledge or experience of relevant HKMA regulatory requirements and their practical application in operational process or product features
- Excellent business judgment and strategic thinking
- Proven ability to communicate effectively in English at all levels both orally and in writing,
- Ability to deliver high quality results as part of a geographically dispersed global compliance team
Education/professional qualifications:
- Law degree or other closely related professional qualification helpful
Language Requirements:
- English
- Fluent Cantonese preferable