Chief Compliance Risk Management Officer

4 weeks ago


Hong Kong, Central and Western District, Hong Kong SAR China Bank of China Full time
Job Summary:

The Bank of China is seeking a highly skilled and experienced Chief Compliance Risk Management Officer to join our team. In this role, you will be responsible for formulating and updating compliance risk and KYC policies and procedures in line with the latest regulatory requirements and market practices.

Main Responsibilities:
  • Develop and maintain comprehensive compliance risk management frameworks and procedures to mitigate potential risks.
  • Provide expert advice to frontline units on compliance risk and KYC related matters, ensuring alignment with regulatory requirements.
  • Conduct regular reviews and improvements of transaction monitoring processes to ensure effectiveness and efficiency.
  • Prepare and submit compliance risk and KYC management reports to senior management, highlighting key findings and recommendations.
  • Manage assigned compliance risk and KYC projects, coordinating with cross-functional teams to deliver results.
  • Review Enhanced Due Diligence (EDD) and high-risk customer onboarding cases, verifying the accuracy and completeness of relevant KYC documents.
  • Assess new product offerings from a compliance risk and AML perspective, providing guidance on mitigation strategies.
  • Design and deliver compliance risk and AML training programs, maintaining an up-to-date training plan.
  • Perform ad-hoc tasks as assigned by senior management, contributing to the overall success of the team.

Requirements:
  • A degree in Business Administration, Finance, Economics, or a relevant field, along with 3 years' experience in compliance risk management, anti-money laundering, transaction monitoring, or screening.
  • Strong analytical skills, enabling independent assessment and decision-making.
  • Excellent communication and organizational skills, with the ability to work effectively in a fast-paced environment.
  • Proficiency in both spoken and written English and Chinese, with Mandarin fluency considered an asset.

About the Role:
This is a fantastic opportunity to join a leading financial institution and contribute to shaping the bank's compliance risk management strategy. As a Chief Compliance Risk Management Officer, you will have the chance to make a real impact, working closely with senior management and cross-functional teams to drive results. The estimated salary for this role is around $120,000 - $180,000 per annum, depending on qualifications and experience.

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