Risk and Compliance Officer (Up to 10K I Bank)

Roles & Responsibilities

The Opportunity

This is an exciting opportunity to work for one of the leading banks

An opportunity for a Compliance Officer to join their team

The Job

The successful candidate will be part of the Business Risk and Control Management Anti-Financial Crime team within Group Retail (“GR”) that covers a range of banking segments and products. The key responsibilities, covering AML risks, are as follows :

• Formulate and strengthen governance on all risk frameworks, policy, framework, ensuring that GR comply with all applicable legislations, including Anti-Money Laundering crimes.
• Liaise with internal stakeholders to identify priority areas for review based on control criticality, emerging risks and regulatory focus.
• Provide effective challenge to internal stakeholders on existing controls.
• Provide advisories and review GR’s AML policies and guidelines.
• Work with multiple internal stakeholders to deliver desired outcomes.
• Review and identify key emerging risks in GR and / or industry and propose risk mitigating measures / controls.
• Ensure that potential risk issues highlighted by various Bank’s risk functions, such as Group Compliance and Group Audit, are properly communicated and / or addressed within GR.
• Work with Group Compliance and other internal risk departments to ensure that activities are coordinated to avoid duplication and improve the overall effectiveness.
• Identify and work with Business Units / GR Data Analytics teams on risk management initiatives, thereby increasing operational efficiencies and enhancing proactive risk identification.
• Support the Business Units / Support Units in risk identification, escalation and remediation.
• Monitor the effectiveness of the Business Units / Support Units controls (for example, through risk culture / operational risks dashboards, audit reports and fair dealing scorecard).
• Prepare risk management reports.
• Provide guidance to BRCMs in overseas locations on Group’s risk management initiatives and / or share application / implementation / best practices at Group.
• Able to articulate and present to senior internal and external stakeholders including regulators and external audit.
• Ensure that GR is kept abreast of the latest developments (including best practices), on both the risk and regulatory front.
• Conduct training where necessary.

The Talent

Next Steps

Wu Yue Shan

EA License No : 91C2918

Personnel Registration Number : R25138923

Tell employers what skills you have

Management Skills

External Audit

Remediation

Microsoft Excel

Regulatory Compliance

Assessing

Change Management

Anti Money Laundering

Operational Risk Management

Retail Banking

AML

Reports

Articulate

Stakeholder Management

Fraud Risk Management

Able To Work Independently