Regulatory Compliance Director

1 week ago


Hong Kong, Central and Western District, Hong Kong SAR China Madison Pearl Full time

About Madison Pearl

Madison Pearl is an industry-leading banking institution with an established local business spanning both retail and corporate clients. We operate in Hong Kong's licensed digital banking group and strive to ensure compliance with statutory provisions, regulatory requirements, and industry codes of conduct.

Job Description

We are seeking a seasoned Chief Compliance Officer to lead our compliance department with a view to enhancing our financial crime compliance procedures and adherence to regulatory frameworks. As a member of the senior leadership team, you will provide advice and counsel to the CEO and your peers on material compliance frameworks and other relevant business matters.

You will act as the Bank's primary liaison with regulators, including the Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), and Insurance Authority (IA), on all compliance-related matters, with a particular emphasis on regulatory compliance, AML, and financial crime compliance.

Responsibilities

  • Formulate and implement the bank's overall compliance strategy in support of its long-term goals and growth objectives.
  • Act as the Bank's primary liaison with regulators, including HKMA, SFC, and IA, on all compliance-related matters.
  • Advise senior management on laws, rules, and standards, including any changes that the Bank must comply with.
  • Ensure the compliance department is adequately resourced and staffed while maintaining the necessary independence.

Requirements

  • University degree in Accountancy, Finance, or Law with a minimum of 15 years' relevant experience in regulatory compliance and AML/CFT compliance in the banking industry or banking regulators.
  • Experience with FATCA and CRS matters is highly preferred.
  • Holder of CAMLP/CAMS certification; IT security certification is preferred.
  • Strong experience in banking practices, operational procedures, and IT control matters.
  • Excellent analytical and judgmental skills.
  • Strong leadership, interpersonal, and communication skills.
  • Proficiency in both written and spoken English and Chinese; fluency in Putonghua is a must.
  • High level of integrity and ethical standards.


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