Job description
- Regional Private Bank
- Great Working Culture
- Great Remuneration Package
This Regional Private Bank is looking for a seasoned compliance talent to join their team focusing on investment compliance (including but not limited to product due diligence, selling process and the like). You will be joining a team of 5. Great remuneration package and great working culture will be provided.
Job scope.
As the Investment Compliance Manager for a Regional Private Bank, your key responsibility will be to:
- Deliver authoritative, commercially astute guidance on all compliance matters to Private Banking leadership, relationship managers and front-office teams, with particular emphasis on selling practices, suitability and suitability obligations.
- Provide specialist oversight and challenge of the end-to-end client investment process, ensuring robust controls around product recommendation, client risk profiling, needs-based selling and best-practice standards.
- Lead and critically assess product due diligence processes for the full suite of private banking investment offerings, confirming rigorous adherence to suitability, product governance and disclosure requirements.
- Design, implement and monitor controls and surveillance frameworks that promote fair client outcomes and prevent mis-selling risks across wealth management activities.
- Contribute expert insight to enterprise-wide compliance reviews, thematic monitoring programmes and regulatory inspections.
- Drive and coordinate strategic compliance projects from inception through to successful implementation.
- Undertake additional high-impact assignments and initiatives as directed by senior management.
- Holds a university degree (or higher) in Law, Business Administration, Finance, or a closely allied discipline.
- Brings a minimum of five years’ hands-on compliance experience within the private banking or wealth management sector of licensed financial institutions in Hong Kong, with specific depth in selling-practice oversight, suitability assessments and mis-selling prevention.
- Possesses deep knowledge of investment products and a comprehensive command of the evolving regulatory landscape in Hong Kong.
- Demonstrates exceptional communication and stakeholder-management capabilities, with proven ability to influence relationship managers and senior business heads on best-practice selling behaviours.
- Is fluent in both written and spoken English and Chinese (Cantonese and Mandarin) to a professional standard.
Still considering? Contact Cathleen Chen on +852 3901 8731 for confidential discussion about it, we are always happy to help.
