We are seeking a highly motivated and detail-oriented Retail Banking Compliance Manager to join our client's team based in Hong Kong. This key role is responsible for supporting the bank’s Retail Banking operations in ensuring full compliance with all applicable regulatory, legal, and internal policy requirements. The ideal candidate will bring a strong background in compliance and risk management within retail banking, along with a deep understanding of local regulatory frameworks.
Key Responsibilities:
- Develop, implement, and maintain effective compliance policies and procedures to ensure adherence to relevant regulatory requirements.
- Monitor changes to laws, regulations, and guidelines affecting retail banking; assess the impact on business operations and communicate updates effectively.
- Provide expert advice to business units on compliance-related matters, including customer due diligence (CDD), anti-money laundering (AML), and data privacy.
- Conduct compliance risk assessments, thematic reviews, and internal investigations where necessary.
- Liaise with regulators and ensure timely and accurate response to regulatory requests and audits.
- Support the delivery of compliance training programmes across relevant departments to build awareness and understanding of regulatory obligations.
- Monitor ongoing business activities to identify potential risks and advise on appropriate mitigation strategies.
- Work closely with internal audit and risk teams to strengthen the overall compliance framework for retail banking services.
Requirements:
- Bachelor’s degree or above in Law, Finance, Business Administration, or a related discipline.
- Minimum of 7 years of experience in compliance within the retail banking sector.
- Sound knowledge of the regulatory environment in Hong Kong, particularly with HKMA and SFC regulations.
- Professional certifications such as CAMS or ICA in compliance or anti-money laundering are highly desirable.
- Strong analytical thinking, problem-solving capabilities, and attention to detail.
- Excellent communication and interpersonal skills with fluency in English and Chinese (Cantonese and/or Mandarin preferred).
- Proven track record of working effectively with cross-functional teams and managing multiple stakeholders.
- Ability to work independently, exercise sound judgement, and maintain a high level of integrity and confidentiality.
This is an excellent opportunity for a compliance professional who is passionate about maintaining high standards in regulatory governance while supporting the growth and integrity of retail banking operations. The position offers a dynamic working environment and the chance to contribute meaningfully to the organisation’s risk management and compliance culture.
