Compliance Manager / Assistant (Hong Kong Branch)

Full-time
Intermediate (3-6 years)

Posted 

Technical Skills

  • Asset Allocation
  • Compliance
  • FATCA
  • Filing
  • Futures
  • Risk Analysis
  • Risk Management
  • Underwriting

Job Description

Compliance Manager / Assistant (Hong Kong Branch)

Location: Hong Kong

Bank of China limited first opened its branch office in Hong Kong in 1917. After the listing of BOC Hong Kong (Holdings) Limited, a subsidiary of the Bank, on the Hong Kong Stock Exchange in 2002, Bank of China maintained the branch in Hong Kong which continued to hold a full banking license granted under the Banking Ordinance (Cap. 155) and was registered as an authorized institution under the Banking Ordinance. Bank of China uses this branch primarily to conduct financial markets businesses, which include foreign-currency denominated debt security investment management, issuance of CDs (Certificates of Deposit)/MTN/senior debts, investment of on-shore RMB debt securities, bond underwriting and sales, asset management, off-shore RMB trading, and risk management of the above-mentioned businesses.

Responsibilities:

  • Based on the requirements of regulatory bodies and the management of the Branch, he/she shall promote, organize and establish the Branch's framework of compliance policies and institutions, including regulatory compliance policies, compliance management rules, violation reports and punishment measures, and supervise their implementations
  • He/she shall formulate compliance standards, plans and objectives, streamline compliance processes and draw up compliance staffing and authorization system
  • He/she shall pay attention to the latest development of regulatory laws, regulations and rules, follow up the management systems of the Head Office and other relevant units, accurately grasp relevant themes and analyze their impacts on the Branch's operation, including but not limited to HKMA SPM and Circular, SFC circulars and etc. He/she shall also timely revise the Branch's systems and processes accordingly as well as provide suggestions on compliance for the Branch Management
  • He/she shall utilize relevant sources of the Branch and the external to fully understand, supervise and complete any periodical and non-periodical reports, statements, evaluation, assessment, investigation, application and filing matters required by the Hong Kong Monetary Authority ("HKMA"), the Securities and Futures Commission ("SFC"), the Companies Registry (CR) and other regulators and government departments
  • He/she shall take charge of identifying and managing the Branch's compliance risks,conduct regular or irregular compliance evaluation and investigation on all of the Branch's businesses and submit evaluation reports to the Branch Management
  • He/she shall participate in evaluation on the Branch's new products, take charge of compliance risk evaluation and submit evaluation reports
  • He/she shall coordinate the reporting to and communication with the Head Office in regard to compliance, and keep close contact with HKMA, SFC and other local regulators. When necessary, he/she shall assist in the Branch's communication with SAFE, CBRC, People's Bank of China and other institutions
  • Responsible for IS Guideline/Communication with HKMA and SFC/New compliance supervisory trends analysis/ISDA/FATCA issues

Requirements:

  • Bachelor or above degree, Major in law preferred
  • Familiar with the operating rules and regulatory requirements of the local financial market, operations of local financial institutions and knowledge about relevant financial products
  • Minimum 3 year of working experiences in the relevant field. Working experience in local regulators, or the compliance departments of commercial banks and investment banks is preferred
  • Good at organizing, coordinating and communicating
  • Fluent Cantonese, good oral and written English required, and Mandarin preferred
  • Good at Office software applications
  • Candidate with less experience will be considered as Assistant Manager

Employment will be under 2-year renewable contract

This position will be hired under Bank of China (Hong Kong Branch)

此崗位將由中國銀行(香港分行)直接聘任

Employment TypeFull-time
Career LevelIntermediate (3-6 years)
Education LevelBachelor
LanguageEnglish, Cantonese, Mandarin (Putonghua)
Bank of ChinaInvestment Banking and Brokerage

24/F Bank of China Tower 1 Garden Road Hong Kong

directions_walk10 mins walk from Admiralty Station