Head of Regulatory Compliance CMB and GBM

Head of Regulatory Compliance CMB & GBM Some careers have more impact than others If you’re looking for a career where you can make a real impression, join Hang Seng and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, Hang Seng offers opportunities, support and rewards that will take you further. Risk and Compliance Division – Regulatory Compliance The Risk & Compliance function is a Second line of defence (LOD) function, responsible for reviewing and challenging the activities of the Group’s businesses (also referred to as “the First LOD”) to ensure that they effectively manage as “Risk Owners” the risks inherent in or arising from the conduct of their activities and for which they are responsible. The Second LOD consists of 'Risk Stewards' who are independent of the commercial risk‑taking activities undertaken by the First LOD. The Risk & Compliance function is a Risk Steward for a number of risks in accordance with HSBC Group’s risk framework. We are currently seeking a high‑caliber professional to join our department as Head of Regulatory Compliance, CMB & GBM. The Head of Regulatory Compliance, CMB & GBM for HASE HK is the senior accountable executive responsible for ensuring that HSBC’s operations in HASE HK are effective in identifying, managing and mitigating Regulatory Compliance risks and ensuring timely advice is provided to the business. Responsibilities Primarily support the Head of Regulatory Compliance, maintain an effective control framework and ensure compliance with all relevant external laws & regulations, internal codes and policies and good market practices, with primary focus on CMB & GBM area. Articulate the Regulatory Compliance risks for HASE HK. Provide advisory services to CMB & GBM business to ensure clear understanding of regulatory compliance risk exposure related to clients, transactions and products. Manage the relationship with relevant regulators on behalf of HASE HK. Be responsible for second‑line governance of Regulatory Compliance risk exposures, providing analysis, reporting and governance to HASE HK that is independent of the first line of defence, thereby maintaining an objective assessment of risk exposure. Exercise risk steward challenge, act as independent trusted advisor in governance forums, issue management, foster a compliance culture and optimize relations with risk owners and control owners. Assist senior management of HASE HK, the leadership of the Compliance function and other colleagues on all material regulatory compliance related matters. Represent the Risk & Compliance agenda up to the highest levels of the Group’s governance, including attending the HASE HK Board (and related sub‑committees) to report on progress and issues relating to the operational effectiveness of HSBC’s policies, processes, systems and controls in countering Regulatory Compliance risks. Lead the HASE HK Risk & Compliance team, establishing guiding principles and strategic operational objectives, owning budgeting and managing costs, headcount and resources to ensure that the teams are fit for purpose and that the delivery of critical services to the Group is both effective and cost‑efficient. Qualifications Significant experience as a regulator or a senior compliance manager across all areas of Regulatory Compliance risk within a global firm, in the financial services industry. Detailed and extensive knowledge of the HSBC Group and HASE structure, its business and personnel, and corporate culture. Thorough understanding of CMB & GBM business with practical knowledge of a broad range of CMB & GBM products and services. Significant leadership experience and an experienced strategic thinker. Excellent communication and interpersonal skills, with experience dealing with executives at all levels. Ability to develop practical, cost‑effective solutions to complex issues. A legal or formal accountancy qualification or professional background in a relevant risk or audit discipline. You’ll achieve more when you join Hang Seng Bank Limited. Visit Hang Seng Career Page and sign up with our Talent Community to receive the latest information about our career opportunities in Hang Seng Hong Kong. Issued by Hang Seng Bank Limited. All information provided by applicants will be used only for recruitment purposes and will be used strictly in accordance with the Bank's personal data policies, a copy of which may be obtained by the applicant upon request. Unless otherwise instructed in writing by the applicant concerned, applicants may be considered for other suitable positions within the Bank and its related companies. The personal data of unsuccessful job applicants may be retained for a maximum of two years from the date when the job application is rejected and such data may be retained for a longer period if there is a subsisting reason that obliges the Bank to do so, after which the personal data will be destroyed. #J-18808-Ljbffr