Senior Reg Compliance Mgr, Insurance HK

GCB 4

We are currently seeking a high calibre professional to join our team as a Senior Reg Compliance Mgr, Insurance HK.

In this role you will:

• Primarily to support the Head of Regulatory Compliance, Wealth, Private Banking, and Broking Services to maintain an effective risk and control framework and to ensure compliance with all relevant external laws & regulations, internal codes and policies and good market practices. 
• Articulate the Regulatory Compliance risks for WPB Business, in particular from Private Banking (PB), Wealth and Broking perspective
• Provide advisory services to PB, Wealth and Brokerage businesses within WPB in order to ensure clear understanding of regulatory compliance risk exposure with respect to clients, transactions and products. These will include acting as subject matter expert in WPB areas such as sales & suitability, investment products and lending services.   
• Communicate with relevant regulators on regulatory compliance matters.
• Be responsible for second line governance of Regulatory Compliance risks exposures, providing analysis, reporting and governance to HK and ASP that is independent of the first line of defense, thereby maintaining an objective assessment of risk exposure.
• To exercise risk steward review challenge, act as independent trusted advisory in governance forums, issue management, fostering a compliance culture and optimizing relations with risk owners and control owners.
• Assist the senior management of HK and ASP, the leadership of the Compliance function, and other colleagues on all material regulatory compliance related matters. 
• Represents the Risk & Compliance agenda up to the highest levels of the Group’s governance, including being an attendee (as required) at the HK Board (and related sub-committees) to report on progress and issues in relation to the operational effectiveness of HSBC’s policies, processes, systems and controls in countering Regulatory Compliance risks

To be successful you will need:

• Significant experience as a regulator, or a senior compliance manager across all areas of Regulatory Compliance risk within a global firm, in the financial services industry. 
• Detailed and extensive knowledge of the HSBC Group structure, its business and personnel, and HSBC’s corporate culture.
• Thorough understanding of WPB business and related regulations, with practical knowledge of broad range of WPB products and services, in particular on Private Banking and Wealth areas.   
• Excellent communication and inter-personal skills, with experience of dealing with executives at all levels.
• Ability to develop practical, cost effective solutions to complex issues.
• A legal or formal accountancy qualification or professional background in a relevant risk or audit discipline.

Opening up a world of opportunity

www.hsbc.com/careers

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Issued by The Hongkong and Shanghai Banking Corporation Limited.

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