WORLDWIDE SECURITIES SERVICES COMPLIANCE – VP recruitment
Our client is a major global financial services provider engaged in investment banking, private banking and investment management services with an extensive international presence. To cope with their business expansion, they are seeking an outstanding Compliance professional to join them.
To support current business expansion and our strategy to increase Compliance coverage. Focus on assisting the Worldwide Securities Services Hong Kong business management teams in managing compliance risk. Provide compliance and regulatory advisory for the
business and associated support functions, including advice on existing and new Hong Kong banking regulations (including HKMA guidelines) and relevant HKMA/SFC regulatory requirements. Also some broader regional product compliance coverage e.g. Stock Lending. You will focus primarily on Hong Kong but also be required to ensure a consistent approach with elements of global compliance program for certain products across the region, pro actively linking with location compliance officers in other Asia jurisdictions. 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. Also responsible for managing and coordinating consultation exercises and industry group discussions, and managing relationships with key regulatory agencies. This role will be the primary contact person with the HK regulators and will drive the regulatory projects and applications, handle regulatory enquiries and investigations and lead management of regulatory inspections.
To qualify for the position, you should be a University graduate with a minimum 5 to 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 Worldwide Securities Services product knowledge. Knowledge or experience of SFO / HKMA relevant regulatory requirements and their practical application in operational process or product features. Excellent business judgment and strategic thinking. Fluency in English is a much, Chinese will be plus.
Interested applicants should send a detailed resume to Michelle Ho by email to mho@ric.com.hk or by fax to (852) 2838 3323 quoting reference eFC1990.
(Applicants not contacted within 4 weeks should consider their application unsuccessful.)