Compliance Manager - Regulatory Compliance

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

Job summary

Bank of Singapore, part of OCBC Group, seeks a seasoned Hong Kong banking compliance professional to uphold regulatory standards and promote an ethical business culture. You will support compliance efforts for the Bank and interact with business units to ensure HKMA and SFC requirements are met.

With at least five years in HK banking compliance, you will review marketing materials, handle license applications, and provide training and advisory support to head office and local teams, contributing

Qualifications

• University degree, preferably with relevant academic qualifications.
• Minimum 5 years’ Hong Kong banking compliance experience.
• Knowledge of HKMA / SFC regulatory requirements.
• HKIB Enhanced Competency Framework (ECF) qualification preferred.
• Excellent written and spoken English and Chinese.

Responsibilities

• Responsible for the support and implementation of Compliance efforts for the Bank and promotion of an ethical and legally compliant business culture.
• Keep abreast of the HK regulatory requirements and implement the requirements with all relevant business units.
• Conduct HKMA self-assessment / surveys including Code of Banking Practice, Deposit Protection Scheme, OTC derivatives margin requirements, IT security.
• Review Marketing Materials before insurance.
• Conduct Fit and Proper assessment on Relevant Individual and Executive Office for Type 1, Type 4 and Type 9 license applications.
• Handle CE/ACE applications.
• Handle regulator enquiries such as SFC s181, s182.
• Review cross border guidelines with legal counsel and Head office.
• Actively participate in operating committees to provide compliance advice.
• Prepare various reports for Head office in Singapore.
• Provide Compliance Training.

Skills

Regulatory knowledge

English & Chinese proficiency

Writing & communication

Risk management

Independent judgement

Education

University degree

Job description

Bank of Singapore opens doors to new opportunities.

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group's global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

• Responsible for the support and implementation of Compliance efforts for the Bank and promotion of an ethical and legally compliance business culture.


• Keep abreast of the HK regulatory requirements and implement the requirements with all relevant business units


• Conduct various HKMA self-assessment / surveys including but not limited to Code of Banking practice, Deposit Protection Scheme, OTC derivatives margin requirements, IT security


• Review Marketing Materials before insurance


• Conduct Fit and Proper assessment on Relevant Individual and Executive Office for Type 1, Type 4 and Type 9 license applications


• Handle CE/ACE applications


• Handle regulator enquiries such as SFC s181, s182


• Review cross border guidelines with legal counsel and Head office


• Actively participates in appropriate operating committees to provide compliance advice


• Prepare various reports for Head office in Singapore


• Provide Compliance Training

• University degree, preferably with relevant academic qualifications


• Minimum 5 years of Hong Kong banking compliance related experience, preferably in private bang / wealth management industry


• Knowledge of HKMA / SFC regulatory requirements


• Preferable for candidates with HKIB Enhanced Competency Framework (ECF) professional qualification


• Excellent in English and Chinese


• Good writing and communication skills


• Strong risk management perspective and experience, independence, problem analysis and judgement, customer focus