Senior Reg Compliance Mgr, Insurance HK

Job Description

GCB 4 We are currently seeking a high calibre professional to join our team as a Senior Reg Compliance Mgr, Insurance HK. In This Role You Will • Primarily to support the Head of Regulatory Compliance, Wealth, Private Banking, and Broking Services to maintain an effective risk and control framework and to ensure compliance with all relevant external laws & regulations, internal codes and policies and good market practices. • Articulate the Regulatory Compliance risks for WPB Business, in particular from Private Banking (PB), Wealth and Broking perspective • Provide advisory services to PB, Wealth and Brokerage businesses within WPB in order to ensure clear understanding of regulatory compliance risk exposure with respect to clients, transactions and products. These will include acting as subject matter expert in WPB areas such as sales & suitability, investment products and lending services. • Communicate with relevant regulators on regulatory compliance matters. • Be responsible for second line governance of Regulatory Compliance risks exposures, providing analysis, reporting and governance to HK and ASP that is independent of the first line of defense, thereby maintaining an objective assessment of risk exposure. • To exercise risk steward review challenge, act as independent trusted advisory in governance forums, issue management, fostering a compliance culture and optimizing relations with risk owners and control owners. • Assist the senior management of HK and ASP, the leadership of the Compliance function, and other colleagues on all material regulatory compliance related matters. • Represents the Risk & Compliance agenda up to the highest levels of the Group’s governance, including being an attendee (as required) at the HK Board(and related sub-committees) to report on progress and issues in relation to the operational effectiveness of HSBC’s policies, processes, systems and controls in countering Regulatory Compliance risks Show More