- Top Ranking European Based Private Bank
- Regulatory Compliance & Risk Assessment
- Promising Growth & Comprehensive Bank Benefits
Our Client
Appointed by the most sustainable Global Private Bank with accomplished group profit of USD 218mill+ in 2022 to search for Regulatory Compliance Manager.
Job Duties
- Report to Regulatory Head of Compliance & partner with a team of 5
- Facilitate HKMA and SFC investigation, self-assessments and on-site examination
- Manage complaint handling cases and regulatory reporting
- Support regulatory advisory, general compliance and related enquiries that called for extensive liaison with Snr Mgmt, line managers across FTB Offices and HQ
- Assist on-going internal policies and procedures review in accordance to HKMA/SFC regulatory requirements and corporate governance
Requirements
- Degree holder in Accounting/ Business/Legal or related disciplines
- 5 years+/- of relevant regulatory compliance/risk consultancy/big4 experience including 1 year earned from private banking/wealth management or HKMA/SFC regulator
- Relevant industry experience in private banking business is highly desirable
- Good understanding of HKMA/SFC regulatory requirements
- Driven with strong problem-solving capability and communication skill to work with internal stakeholders
- AML/KYC/SOW exp with Private Banks
- Supportive FCC Compliance Culture
- Healthy Worklife Balance
- As part of the established FCC Compliance Department for North Asia region
- Responsible for reviewing KYC/SOW risk assessment for Client On-Boarding/Periodic Review in accordance to HKMA/AML regulatory requirement and corporate governance
- Facilitate the approval of periodic review
- AML/Transaction Monitoring exp with Private Banks
- Supportive FCC Compliance Culture
- Healthy Worklife Balance
- As part of the established FCC Compliance Department for North Asia region
- Accountable for conducting transaction monitoring, alert clearance and approval in accordance to HKMA/AML regulatory requirement and corporate governance
- Serve as the subject matter expert to tackle any related transaction surveillance issues from front office, operations and risk management teams
Attraction:
- Leadership Role: AML/KYC/Biz Risk, Private Bank
- Rewarding Front Office Management Exposure
- Job Security, Int’l Professional Culture
Tasked with the mission:
Managing a team of 6, you will oversee client lifecycle activities (onboarding, periodic reviews, trigger events) as well as front-office risk controls (investor suitability, sales conduct, and product governance).
Core Responsibilities
- Team Leadership: 1st Line control environment for the HKMA and SFC regulated private wealth arm.
- Advisory & Governance: Key liaison point with front-office teams on AML and general compliance matters. Represent the unit in regional and global governance committees.
- Risk Frameworks: Design and refine risk management practices covering both financial crime, KYC/Client On-Boarding, regulatory risks aspects to ensure daily business activities fulfil regulatory requirement.
Highly-visible Front Office Advisory Opportunity
Healthy Work-life & Friendly Int’l Private Banks
SOW/CDD/AML, Biz Risk and Mgmt
Why Choose This Opportunity?
Core Advisory Mandate: As part of the Front Office 1.5LOD , partnering with ~10 private bankers & senior management of ED/MD levels; directly advising business from client on-boarding, CDD, business risk, daily licensed activities, resolving any incidents/ approving any exceptions
Pure-Play Focus: Deliver impact within an institution exclusively dedicated to continuous growth and long term direction of the Greater China Wealth Management Business
End-to-End Oversight: Shape front-to-back risk controls—covering everything from client onboarding and financial crime prevention to trade suitability and regional cross-border rules.
Primary Accountabilities:
- First-Line Oversight: Drive robust supervisory standards across front-office activities, keeping day-to-day business aligned with internal governance and regulatory expectations.
- Front-Line Advisory: Serve as the first point of contact for private bankers on business/account pipeline review, operational, policy, and compliance matters (e.g., AML/KYC/SOW adjustments, product suitability, and cross-border engagement).
- Process Refinement: Work hand-in-hand with relationship managers, legal counsel, compliance leads, and operational teams to streamline business flows while maintaining strict risk boundaries.
- Solid AML/KYC/SOW experience with Private Banks
- Friendly & Supportive International Culture
- Healthy Worklife with Excellent Exposure
- Responsible for KYC and Client Due Diligence for low to high risk HNW Private Clients
- Conduct PEP, Sanctions and AML review to ensure compliance with HKMA regulatory requirement and corporate governance
- Serve as the subject matter expert to advise and review KYC/Client Life Cycle requirements for the Front Office