Compliance Director for Global Private Banking in North Asia

2 weeks ago


Hong Kong, Central and Western District, Hong Kong SAR China Projob21 Ltd. Full time
Regulatory & Product Compliance Expert Wanted

Projob21 Ltd. is seeking a seasoned Regulatory & Product Compliance Director to lead our team in North Asia. As a key member of our organization, you will play a crucial role in ensuring the compliance of our business operations with regulatory requirements.


**Job Summary:**
  • We are looking for a highly experienced individual with a strong background in regulatory and product compliance to join our team as a Regulatory & Product Compliance Director in North Asia.

**Key Responsibilities:**
  • Report to the North Asia Head of Compliance and lead a team of 2-3 subordinates in regulatory, product, and surveillance functions.
  • Act as the primary point of contact for the HKMA and SFC on regulatory matters, including notifications, self-assessments, examinations, complaints handling, and inquiries.
  • Provide regulatory advisory services, general compliance, and surveillance functions to Senior Management and line managers across FTB Offices in AP and HQ.
  • Assume part of the senior compliance management function to develop internal policies and procedures, including sales processes, client profiling, outsourcing, insurance referrals, and other business activities.
  • Oversee product offerings, including new product approvals, front-to-end due diligence, distribution processes, and marketing materials reviews.
  • Offer compliance advice and recommendations to Senior Management on potential risks, areas for control enhancements, and regulatory matters.

**Requirements:**
  • Degree holder in Accounting, Business, Legal, or related disciplines.
  • No less than 10 years of relevant experience in regulatory and product compliance, including 3 years from private banking/wealth management or HKMA/SFC regulator.
  • Relevant industry experience in private banking is highly desirable.
  • Good understanding of HKMA/SFC regulatory requirements.
  • Strong problem-solving skills and communication abilities to work effectively with internal stakeholders.

**Benefits: We offer a competitive salary of approximately HK$600,000 - HK$900,000 per annum, depending on experience. This position also offers opportunities for career growth and professional development in a dynamic and fast-paced environment.

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