Regulatory Risk - Leading US Investment Bank
- Employer
- Morgan McKinley
- Location
- Singapore, Singapore
- Salary
- HK$61k - HK$70k
- Posted
- 16 Jun 2022
- Closes
- 16 Jul 2022
- Ref
- 14948533
- Job Function
- Risk Management
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
A top-tier international private bank is looking for a regulatory risk professional with solid knowledge in regulatory requirements and private banking to manage the risk management framework
About the Company
Our client is a leading US-based private bank with strong global presence. The Private Banking Risk Management team is looking for a regulatory risk professional with 3 years of experience to join them and act as first line of defense. The team works across the APAC region, hence familarity with regional regulatory requirements would be preferred.
Responsibilities
- Analyse and track any new regulatory requirements, and review implication to business, propose control and enhancement when necessary
- Perform independent reviews and gap analysis of our business against regulatory requirements and market incidents, in order to mitigate business related risks
- Work closely with various stakeholders, Legal & Compliance and other teams regarding analyses and recommendation implementation
- Facilitate regulatory inspections and advisory audits
- Support regulatory inquiries, internal audits and compliance testing for the wealth management business
- Assist in senior management reporting and committee meeting with regards to risk review statistics, status and softspots
- Identify and participate in process re-engineering projects to reduce the residual risks of the department and improve efficiency and effectiveness
Requirements
- Familiar with HKMA, MAS and SFC regulatory requirements and private banking products
- Around 3 years of risk, compliance or global markets experience within private banking
- Previous work experience in a similar control/risk function within the business, or advisory/regulatory background
- Proficient in data analytics and Bloomberg
- Good project management and prioritising skills
- Good interpersonal and communication skills
- Excellent command of written and spoken English and Chinese
About the Company
Our client is a leading US-based private bank with strong global presence. The Private Banking Risk Management team is looking for a regulatory risk professional with 3 years of experience to join them and act as first line of defense. The team works across the APAC region, hence familarity with regional regulatory requirements would be preferred.
Responsibilities
- Analyse and track any new regulatory requirements, and review implication to business, propose control and enhancement when necessary
- Perform independent reviews and gap analysis of our business against regulatory requirements and market incidents, in order to mitigate business related risks
- Work closely with various stakeholders, Legal & Compliance and other teams regarding analyses and recommendation implementation
- Facilitate regulatory inspections and advisory audits
- Support regulatory inquiries, internal audits and compliance testing for the wealth management business
- Assist in senior management reporting and committee meeting with regards to risk review statistics, status and softspots
- Identify and participate in process re-engineering projects to reduce the residual risks of the department and improve efficiency and effectiveness
Requirements
- Familiar with HKMA, MAS and SFC regulatory requirements and private banking products
- Around 3 years of risk, compliance or global markets experience within private banking
- Previous work experience in a similar control/risk function within the business, or advisory/regulatory background
- Proficient in data analytics and Bloomberg
- Good project management and prioritising skills
- Good interpersonal and communication skills
- Excellent command of written and spoken English and Chinese