Title: Assistant Vice President
HK
Sumitomo Mitsui Banking Corporation (三井住友銀行) (incorporated in Japan with limited liability) is one of the major international banks and a leading arranger of specialized financial products worldwide. The Bank's Hong Kong Branch is now seeking high calibre individuals with long-term career objectives to apply for the following position:
Assistant Vice President -
Legal & Compliance Department - Compliance Assurance
Job Duties & Responsibilities:
- Conduct effective, objective, risk-based compliance monitoring activities pursuant to the annual Compliance Monitoring Plan.
- Identify potential or actual regulatory risks arising from the results of compliance monitoring and proposing recommendations to the relevant stakeholders in order to mitigate the identified risks.
- Conduct compliance review in accordance with the plan, and upon request by the Manager, Local Compliance Officer (“LCO”) or Regional Chief Compliance Officer (“RCCO”).
- Review and assess the adequacy and effectiveness of the Bank’s compliance risk control framework. Identify key deficiencies, assess the implications, and provide recommendations to the relevant stakeholders on mitigating actions.
- Follow up with relevant stakeholders on the implementation of agreed actions after the compliance reviews.
- Upon request, follow up on the management actions arising from Internal Audit reviews or regulatory examinations, where appropriate.
- Prepare regular and ad hoc reports for the Manager and RCCO to review for submission to Branch management, Regional and Head Office.
- Assist in ad hoc compliance related review or investigation / carry out any other duties as instructed by the Manager or the RCCO.
- Escalate key issues, including matters with regulatory concerns to the Manager and the RCCO on a timely basis.
Requirements:
- University graduate, preferably with professional qualifications e.g. CPA
- 8 years’ relevant experience in legal and compliance, operational risk management, risk controls function and/or internal audit, etc.
- Sound knowledge in laws and regulations applicable for banking industry
- Good team player with strong interpersonal skills
- Good command of written and spoken English & Chinese
- Independent, self-motivated and able to work under pressure
- Work Location: Quarry Bay
Please apply with detailed resume stating latest and expected salary.
SMBC is an equal opportunity employer. We are committed to fostering a diversified and inclusive workplace and removing barriers to provide equal access to employment.
Application details will be used only for recruitment purposes, and will be destroyed after 1 year. Applicants not contacted after 6 weeks may consider their applications unsuccessful.