Deputy Manager, General Compliance (Private Banking)

Cathay United Bank Company, Limited; Hong Kong; On-site; HKD 900,000 - 1,200,000; Full time

Job summary

Cathay United Bank Company, Limited is seeking a Deputy Manager, General Compliance (Private Banking) to support the Head of Compliance and supervise the team in implementing robust compliance processes and policies. This role ensures adherence to regulatory requirements within private banking and wealth management.

The successful candidate will advise business units on product due diligence, suitability obligations, cross-border activities, and regulatory changes, while coordinating with Head

Qualifications

• Bachelor's degree or above in Law, Finance & Accounting or related disciplines.
• At least 6 years' relevant work experience in private banking or private wealth management compliance.
• Holder of an ECF-Compliance qualification is preferred.

Responsibilities

• Assist Head of Compliance and supervise to implement compliance processes.
• Maintain and review compliance policies, procedures and practices.
• Advise business units on compliance matters such as product due diligence, suitability obligations and cross-border activities.
• Liaise with Head Office on compliance self-assessment and testing matters.
• Advise and report on changes in the regulatory environment.
• Assist in preparation for Compliance Committee Meeting.
• Liaise with and support business units on compliance issues.
• Prepare compliance training materials and conduct/administer training.

Skills

Communication skills

Education

Bachelor's degree or above in Law, Finance & Accounting or related disciplines

Job description

Deputy Manager, General Compliance (Private Banking)

Assist the Head of Compliance and team supervisor to implement compliance processes to ensure compliance with the regulatory requirements.

Maintain and review compliance policies, procedures and practices to ensure compliance with all applicable laws.

Advise business units on compliance matters such as product due diligence, suitability obligations as well as cross-border activities.

Liaise with Head Office on compliance self-assessment and compliance testing matters.

Advise and report on changes in the regulatory and compliance environment.

Assist in the preparation for Compliance Committee Meeting.

Liaise with and support business units on compliance issues.

Prepare compliance training materials and conduct/administer compliance training for business units.

Handle ad hoc assignments as required by Head of Compliance and team supervisor.

Ideal candidates should possess:

Bachelor's degree or above in Law, Finance & Accounting or related disciplines.

At least 6 years' relevant work experience in private banking or private wealth management compliance.

Hands-on experience in private banking practices and advisory on regulatory compliance will be an advantage.

Good knowledge of the Banking Ordinance, the SFO and the HKMA/SFC rules.

Self-motivated and independent, with strong communication skills.

Proficient in written and spoken English and Chinese (Mandarin and Cantonese).

Holder of an ECF-Compliance qualification is preferred.

If applicable, the successful applicant’s offer confirmation is subject to the result of Mandatory Reference Check (MRC) under HKMA’s mandatory requirement. For details, please visit the corresponding website: https://www.hkab.org.hk/en/page/5/mandatory-reference-checking-scheme-phase-2

Personal information collected will be used for considering suitability for the post and strictly in accordance with our personal data policies. It is our policy to retain the personal data of unsuccessful applicants for future recruitment purposes for a period of maximum two years.