Associate Director, Compliance & Risk

AIA; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

AIA is seeking a senior Compliance & Risk professional in Hong Kong to lead second-line oversight across investment compliance, regulatory compliance and AML/CTF matters. You will advise on licensing, governance and risk controls, coordinating with senior management to promote a compliant, risk-aware culture.

You will deputise the Head of Compliance & Risk in AIMHK and related groups, driving monitoring, issue management and governance reporting to ensure alignment with Hong Kong regulators and

Qualifications

• 12+ years of senior, hands-on experience in compliance, investment governance and controls, and/or risk management in asset management or financial services in Hong Kong.

Responsibilities

• Provide senior, second-line oversight on compliance, risk and AML/CTF matters across AIMHK and related entities.
• Advise on portfolio management, trading, investment operations, licensing and product matters to ensure regulatory compliance with SFC/MPFA and internal policies.
• Monitor regulatory developments, lead incident/breach management, and support governance reporting and escalation processes.

Skills

Compliance leadership

Regulatory compliance

AML/CTF oversight

Risk monitoring

Education

Law/Finance/Accounting/Economics degree

Job description

Build a healthier and more sustainable future for everyone.

At AIA, your skills, perspective and ideas can contribute to our Purpose of helping millions of people live Healthier, Longer, Better Lives. Across our diverse markets, you will take on meaningful challenges, collaborate with talented colleagues and help turn ideas into positive outcomes for our customers and communities.

Join us to shape what comes next, grow through new experiences and extend your impact across Asia.

About the Role

This role contributes to the delivery of customer outcomes that are reliable, thoughtful, and create meaningful impact for customers and society. The role holder is expected to embed a customer first mindset in all decisions and actions by developing a clear understanding of customer needs, taking end to end ownership to resolve issues, and working collaboratively across teams to continuously enhance the customer journey-both directly and indirectly.

Deputise AIMHK's Head of Compliance & Risk and provide senior, hands-on second-line oversight, advice and support (as both an experienced contributor and owner for the relevant tasks) for AIMHK (and also investment group companies if required) across compliance, risk management and AML/CTF matters. With the industry's best practice experience, ensure AIMHK operates in line with Hong Kong regulatory expectations (SFC and MPFA) and AIA Group-wide and Investment Governance Standards and Policies through effective monitoring and controls, issue management, governance reporting and stakeholder engagement.

Roles and Responsibilities:

Compliance Advisory (Investment Compliance, Regulatory Compliance and General Compliance)

• Advise and provide senior oversight on portfolio management, trading, investment operations, investment advisory and marketing, SFC and MPFA licensing and product matters, and corporate functions to ensure compliance with regulatory requirements and internal AIA standards and policies.
• Oversee and monitor/lead the monitoring of conflicts of interest, staff personal dealing, gifts and entertainment, market conduct /inside information controls, and best execution/trade allocation principles.
• Review and provide constructive challenge on business initiatives, process changes and key documents from compliance and risk control perspectives. Support Head of Compliance & Risk and other members of senior management with a view to supporting company's business growth and enriching AIA's risk-aware and compliant culture.
• Monitor/lead the monitoring of regulatory developments in Hong Kong and promptly report internally of implications to the company.

Risk Management (Financial and Operational Risks)

• Support Head of Compliance & Risk to lead, and coordinate local risk management work including various risk assessments and risk committee's tasks; provide second-line challenge on reports, processes and control effectiveness.
• Maintain/lead the monitoring of KRIs, risk reporting and management information for local and group office's governance forums.
• Oversee incident / breach management including assessment, escalation, root-cause analysis, remediation tracking and evidence-based closure.
• Monitor/lead the monitoring of compliance and risk oversight work brought by the extensive delegated investment management functions to external fund managers.
• Deputise Head of Compliance & Risk for tasks in various local and group office's governance forums.

AML/CTF Oversight

• Lead and oversee various AML tasks including ad hoc and routine assessments, CDD/KYC and oversee control governance according to Hong Kong regulatory expectations and AIA standards.
• Support internal reporting, oversight and documentation of FCC, ACB, sanctions / screening governance and escalation protocols.

Monitoring and Assurance

• Support (as an experienced contributor) Compliance Monitoring and review according to the Investment Compliance Monitoring Plan. Document review materials and assist with the reporting of results and follow-up actions.
• Assist with the co-ordination, communications with and responding to inquiries from / inspection or audit of regulators and internal audit team. Manage action plans and validate closure.
• Maintain /update local C&R policies and monitoring procedures; conduct Personal Dealing, Code of Conduct and AML awareness sessions; promote strong risk-aware culture.
• Practise as far as possible for streamlined and AI-enabled compliance and risk monitoring and controls with a view to achieving effective and efficient control results.

Minimum Job Requirements:

• Degree in Law, Finance, Accounting, Economics, Risk or related discipline, with professional qualifications on related discipline preferred. 12+ years' senior and hands‑on experience in compliance, investment governance and controls, and/or risk management within asset management or financial services field in Hong Kong, with at least 3 years' experience as a team lead. Experience as MIC and in dealing with board matters