Risk and Compliance Manager - Treasury Markets Support

The Bank of East Asia (BEA); Hong Kong; On-site; HKD 600,000 - 980,000; Full time

Job summary

The Bank of East Asia (BEA) invites applications for a senior compliance and risk professional within Treasury Markets Support. The role focuses on strengthening the front-office compliance infrastructure and mitigating regulatory, operational, and reputational risks across Treasury Markets Division.

You will review manuals, lead RCSA exercises, assess new products, and deliver training while liaising with central compliance and business units. Fluency in English and Chinese is preferred.

Qualifications

• University graduate with at least 3 years banking or auditing experience.
• Familiar with local regulatory requirements, including HKMA SPM.
• Time management skills; able to work independently with stakeholders to meet deadlines.
• Self-motivated, proactive, and quick to learn; adaptable to change.

Responsibilities

• Be a member of Treasury Markets Support Department, and promote the compliance and risk culture within Treasury Markets Division.
• Actively participate in developing and enhancing an effective compliance/risk infrastructure in front office to accommodate regulatory requirements and mitigate compliance, operational and reputational risks.
• Formulate and review relevant departmental/cross-departmental manuals with respect to compliance, operational and reputational risk on annual and need basis.
• Strengthen the risk culture and risk management proficiency of staff in TMD. Lead the RCSA exercise to ensure high control effectiveness within the unit.
• Prepare new product memos with executive summary for business departments in TMD for NPEWG's concurrence
• Perform compliance/risk assessment (e.g. FATCA, AML, Volcker assessment etc.) on new product/business initiatives proposed by product owners
• Understand Treasury's business/operations and provide advice, interpretation and recommendation on existing and new regulatory compliance requirements and identify potential risk involved
• Liaise with central compliance in reviewing current and new business initiatives and comments including the review of departmental/operational procedure manuals and marketing materials
• Develop and provide risk and compliance training to the Treasury staff on a need basis
• Handle customer complaints
• Conduct regulatory gap analysis and follow up with the actions required
• Provide on various ISDA, CSA and GMRA documentation support in relation to TMD

Skills

Compliance

Risk Management

Audit

Middle Office

Treasury Operations

Education

Bachelor's degree

Job description

• Be a member of Treasury Markets Support Department, and promote the compliance and risk culture within Treasury Markets Division
• Actively participate in developing and enhancing an effective compliance/risk infrastructure in front office to accommodate regulatory requirements and mitigate compliance, operational and reputational risks
• Formulate and review relevant departmental/cross-departmental manuals with respect to compliance, operational and reputational risk on annual and need basis
• Strengthen the risk culture and risk management proficiency of staff in TMD. Lead the RCSA exercise to ensure high control effectiveness within the unit
• Prepare new product memos with executive summary for business departments in TMD for NPEWG's concurrence
• Perform compliance/risk assessment (e.g. FATCA, AML, Volcker assessment etc.) on new product/business initiatives proposed by product owners
• Understand Treasury's business/operations and provide advice, interpretation and recommendation on existing and new regulatory compliance requirements and identify potential risk involved
• Liaise with central compliance in reviewing current and new business initiatives and comments including the review of departmental/operational procedure manuals and marketing materials
• Develop and provide risk and compliance training to the Treasury staff on a need basis
• Handle customer complaints
• Conduct regulatory gap analysis and follow up with the actions required
• Provide on various ISDA, CSA and GMRA documentation support in relation to TMD

Requirements

• University graduate with at least 3 years working experience in banking or auditing industry; Exposures in Compliance, Operational Risk, Audit, Middle Office or Treasury Operations are preferred; relevant HKIB qualifications obtained would be advantageous
• Familiar with local regulatory requirements, including but not limited to HKMA SPM;
• Time management skills and able to work independently with relevant stakeholders to meet the hard deadlines;
• Highly motivated self-starter with a proactive approach;
• A fast learner and adaptive to change. Able to work under pressure;
• A team player with good communication skills;
• Able to exercise judgment and liaise effectively with the business and supporting units;
• Good command of English and Chinese. Excellent business writing skills are essential;
• Staff will be supported to attend training programs that meet the ECF-TM/ ECF-ORM standards

(Candidates with more experiences would be considered as Senior Risk and Compliance Manager)

Personal data provided by job applicants will be used for recruitment purposes only and will be treated in accordance with the Bank's Personal Information Collection (Employees) Statement and Privacy Policy Statement. Applicants who are not invited for interviews within six weeks may consider their applications unsuccessful and the personal data collected will be destroyed after 1 year.