Compliance Team Leader

1 week ago


Hong Kong, Central and Western District, Hong Kong SAR China Korea Development Bank Hong Kong Branch Full time
Job Description

SUMMARY:

  • Lead a team responsible for managing the Bank's Anti-Money Laundering (AML) and Compliance functions.
  • Ensure adherence to the Banking Ordinance and other relevant regulations by implementing effective risk management strategies.
  • Act as the s72B Manager of the AML and Compliance function, overseeing all aspects of regulatory compliance.
  • Stay up-to-date with the latest regulatory requirements and communicate key updates to senior management.
  • Develop and execute measures to mitigate risks associated with non-compliance.
  • Review and update internal policies and procedures to align with changing laws and regulations.
  • Collaborate with Group Heads to facilitate liaison with regulators and support ad-hoc projects.
  • Perform regular compliance checks and AML reviews, ensuring accurate documentation and adherence to regulations.
  • Enforce general compliance guidelines and provide training and assistance to staff as needed.
  • Offer advisory services to senior management and business units on AML and Compliance-related matters.
  • Manage and provide guidance on all AML and Compliance-related issues.
  • Coordinate with the Corporate Secretary to ensure accuracy and completeness of company records.
  • Collaborate with regulators and internal auditors to conduct on-site and off-site reviews.
  • Design and deliver training sessions on new legislation, guidelines, and regulations issued by regulators.
  • Handle and follow up on licensing matters, such as SFC licenses, if necessary.
  • Provide support on ad-hoc Compliance or AML projects.
Requirements

REQUIREMENT:

  • Prior experience in a regulatory body, such as HKMA, is highly advantageous.
  • Proven ability to communicate effectively with regulators.
  • Bachelor's degree in Business Administration, Risk Management, Law, or related fields.
  • A minimum of 10 years of solid experience in a related role, with at least 4 years in a managerial or leadership position within the banking sector.
  • Familiarity with banking operations and regulatory requirements, including Code of Conduct and HKMA's Supervisory Policy Manual.
  • Professional certifications under Enhanced Competency Framework (ECF) in Compliance, AML/CFT, and/or Certified Anti-Money Laundering Specialist by ACAMS are preferred.
  • In-depth knowledge of AML/CFT and Compliance-related matters.
  • Strong sense of responsibility, attention to detail, and ability to work independently.
  • Excellent command of written and spoken English and Cantonese.

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