Senior Compliance Manager, Hong Kong

Country: Hong Kong

Key responsibility is to assist to oversee, manage and control all non-AML/CTF regulatory and compliance related matters and issues in accordance with global and local regulatory requirements and Group Santander’s policies and procedures.

Key Responsibilities

• Provide effective regulatory and compliance advice and support to management as well as business stakeholders.

• Follow up the latest development of laws, regulations and rules, ensure compliance with the law, regulations and rules correctly, understanding the impacts of the laws, regulations and rules to the operation of the Branch, providing compliance interpretations and advices to the senior management, business stakeholders in a timely manner.

• Establish and maintain an effective working relationship with local regulators (e.g. HKMA and SFC).  Directly communicate with the regulators for any regulatory and compliance matters, including but not limited to follow up and evaluate the fulfillment status of the supervisory opinions and requirements; coordinate with different departments of the Bank to ensure compliance with regulators’ requests.

• Promulgate and implement annual compliance program based on annual regulatory risks assessments, local and corporate compliance projects/initiatives, etc.

• Regular review/update and implement group and local compliance related policies, procedures and guidelines in order to ensure that the said policies, procedures and guidelines are in accordance with the local regulatory requirements and Group Santander’s policies and procedures.

• Manage the design and deliver of compliance training to employees, including the compliance induction training for new joiners and the ongoing compliance training for all the employees.

• Provide regular reporting and escalate issues to the Head of Compliance, Hong Kong, senior management of Hong Kong Branch and Global Compliance.

• Establish effective mechanisms to track the progress of business stakeholders in complying with regulatory requirements and recommendations of regulators/auditors and to formulate the compliance testing program to ensure compliance with laws and regulations and internal policies and procedures.

• Provide supervision, supports and guidance to the Compliance Team of the Branch.

• Take up ad-hoc projects as assigned by the Head of Compliance, Hong Kong from time to time.

Basic Requirements

• 10 years + experience in a similar lead role within a bank, preferably in commercial and corporate banking.

• Excellent knowledge of HKMA and SFC regulations, and experience of managing the relationship with the Regulatory bodies.

• Good knowledge of banking and markets products as well as regulations such as Volcker/Dodd Frank/MIFID II/HKMATR.

• Excellent analytical, interpersonal and management skills.

• Excellent written and communication skills in English and Cantonese.