Compliance Manager - Private Wealth Management

  • HKD500000 - HKD720000 per annum + bonus
  • Hong Kong
  • Permanent, Full time
  • Morgan McKinley Hong Kong
  • 30 Sep 16

PWM Compliance, AVP level role for an expanding International Bank in HK.

  • Provide compliance advice and support for Private Wealth Management business in Hong Kong
  • Provide induction and other compliance training
  • Liaise with and update the business on regulatory requirements/changes and policies and procedures
  • Draft and implement compliance policies and procedures
  • Partner with Wealth Management and Trust business in growth initiatives
  • Handle regulatory inquiries, examinations and audits and liaise with regulators, Legal, internal and external auditors. Investigate incidents for assessment of regulatory compliance
  • Work with and support Business Control in their scope of monitoring and reviews; review and advise on Business Control's review reports, escalate matters to and advise Senior Management when required
  • Coordinate submission of periodic or ad hoc regulatory reports
  • Conduct compliance monitoring and desk reviews

The Successful Candidate:

  • Degree or equivalent preferably in a relevant discipline (e.g. Finance, Business, Accounting, Legal)
  • Minimum 4 years experience in Compliance in a financial institution, preferably in private banking / wealth management
  • Familiar with wealth management investment suitability requirements and corresponding supervisory monitoring processes
  • Familiar with the operations of wealth management business and the corresponding SFC rules and regulations and able to identify compliance/regulatory risks within the business
  • Good analytical and investigation skills and able to work independently
  • Excellent negotiating and inter-personal skills; should be a solutions driven, confident, highly motivated and organized team player with impeccable integrity; should possess excellent issue spotting, analytical and resolution of conflicts skills
  • Ability to act decisively and independently in situations requiring quick analysis
  • Excellent skill in spoken and written English. Mandarin would be an added advantage
  • Experience in conducting monitoring, surveillance and desk reviews
  • Experience in handling queries from and dealing with regulatory bodies

For confidential inquiry, please contact Rouella Landicho on 3907 3912 or email: