Internal Control Team Head, Commercial Bank

Hong Kong Permanent
  • Lead a team of 8
  • Familiar with CDD and FATCA and AML

About Our Client

Global Bank with strong presence in Asia and specialized in Commercial Banking and Global Banking and Global Markets

Job Description

  • Ensure the effective management of end to end processes and associated risks, in support of the business strategy and consistent with the Bank's standard.

  • Proactive identification, management and escalation (where applicable) of material risk in accordance with the Bank's Risk Management framework.

  • Act as Compliance Representative in providing relevant advice and comments on AML issues, as well as Systems enhancement, revision to Policy and Procedures/ forms, T&C, FATCA, CRS implementation, OR issue, PDPO etc.

  • Oversee the AML / KYC / IRA / Audit projects including day-to-day KYC reassessment task for the Division including proactively monitor AML and KYC risk by implementing the Bank's anti-money-laundering procedures including rectification new/existing clients and transaction monitoring.

  • Act on behalf of Commercial Banking to provide advice to various Committee Meetings such as ICCO, AMLCC, ORM, Procurement Committee, SAC, and CRS Committee etc.

  • Implementation and on-going management of the Operational Risk Framework (ORF)

  • Provide advice to front, middle and back office on regulatory and compliance issues.

  • Liaise with local regulators and handle regulatory inquiries, audits, inspections, questionnaires and surveys etc.

  • Conduct training on AML related matters, new rules and regulations as well as promotion of compliance awareness and culture, where needed.

  • Investigate potential compliance incidents or breaches in conjunction with various internal parties.

  • Prepare regular updates to management on the KYC portfolio of the segment including trigger event, as well as to provide relevant opinion and advice to management on the AML matter.

  • Ensure the Division can comply with both internal and external compliance and regulatory framework in order to avoid reputational, operational or credit loss.
  • To monitor, control and provide support for trade finance related issues. To prepare, maintain, update and ensure the implementation of Policy and Procedures ("P&P") in all aspects under the Division.

The Successful Applicant

  • Degree holder or equivalent

  • Minimum 10 years' commercial banking and credit experience

  • Solid understanding of control, compliance, credit, audit and operational risk concept
  • Strong knowledge of business planning/monitoring, MIS management and KYC assessment / reassessment

  • Good analytical and communication skills

  • Good supervisory skill

What's on Offer

Good package and leadership role

Hayley Law
Quote job ref
Phone number
+852 3412 4814

Job summary

Job Type:
Consultant name
Hayley Law
Consultant phone
+852 3412 4814
Job Reference