Job Description
About Our Client
Our client is a regional bank is looking for a product compliance expertise to lead the team.
About The Role
- Reporting to Department Head of Investment Product
- To provide product sales guidance for target customer segment
- To streamline product approval and to formulate detailed risk disclosure guidelines for investment products approved for retail distribution
- To work with Personal Banking Division Risk & Compliance Team to set up and maintain sound investment product suitability framework and system logic for online offering platform
- To ensure product suitability framework is in accordance with all relevant product regulatory requirements and ongoing regulatory development for retail channel
- To work closely with relevant Divisions/Departments on product due-diligence and product-related matters
- Keep abreast of all relevant regulatory requirements and assessing the impact on business and operation
- To monitor the quality of product due diligence and to assess the appropriateness of assigned product risk ratings for retail customer distribution
- To identify gaps, enhance and perform regular reviews on workflows of conducting product due diligence, risk classification, approval application, on-going review and product compliance related matters
Requirements
- Bachelor degree in any disciplines, preferably in Accounting, Finance and Business
- Minimum of 10 years of relevant working experiences, preferably with exposure in the business of retail investment product distribution
- Technical knowledge on major investment products, including equity or currency linked structured products, mutual funds, corporate bonds and common option strategies
- Strong leadership skills and communication skills
- Solid understanding of HKMA regulations and compliance standard
Click "Apply Now" to apply for this position or call Jessie Chan at +852 3180 4945 for a confidential discussion. All information collected will be kept in strict confidence and will be used for recruitment purpose only.
