Job Type: Full Time Permanent
Job Function: Compliance & Legal

To ensure business compliance and mitigation of regulatory and conduct risks conducting a variety of oversight activities as outlined below.

• Provides support and guidance to the business functions on day-to-day regulatory queries in line with internal governance and risk management framework.
• Manages internal procedures to demonstrate compliance with local or applicable overseas regulations and internal policy standards.
• Identifies regulatory and conduct risk issues, and propose recommendations and solutions.
• Provides advice to the business functions on projects that have a regulatory impact.
• Analyses and provide guidance on all relevant regulatory changes and establish appropriate ongoing risk management oversight and assurance strategies.
• Undertakes monitoring activity as outlined in the Risk Assurance Monitoring Plan to ensure compliance with applicable regulations and internal procedures. This will include: design of appropriately detailed and comprehensive questionnaires; analysis and interpretation of evidence, interviews of key staff conducted; production of report outlining the results of the exercise; feedback session to the business and quality assurance of the remedial actions undertaken by the business function.
• Works collaboratively with line manager(s) and (senior) managers of other business functions in Heng An Standard Life Asia and other Compliance managers in the Group to perform risk identification, assessment, controls, reporting and monitoring in all relevant aspects and furnish constructive challenges considering the risk appetite, relevant policies and regulatory requirements.
• Act as a standing member of the Procurement Team for the review and approval of procurement proposals.
• Assist line manager(s) in production of various internal reports, including reports to internal management and/or board committees, as and when required.
• Assist line manager in maintaining the necessary processes and procedures of the Team to demonstrate compliance with internal policies.
• Undertake second line of defense to oversee activities, carry out ongoing monitoring of AML risks, including Politically Exposed Persons (PEPs), sanctions and high risk customers, and advise business functions on the preparation of and review of Suspicious Activities Reports (SARs) for filing to the Joint Financial Intelligence Unity (JFIU).
• Undertake the delivery of regular and ad hoc training to educate business functions in the areas of regulatory and conduct risk.
• Advise and assist other teams in the completion of due diligence activities requested by fund houses and business partners.
• Coordination and consolidation of regular or ad hoc reports to regulatory authorities.
• Keep abreast of regulatory changes and the impact they could have on the Hong Kong business.
• Autonomously manage and plan workload, allocated by line manager(s) in line with the annual plan.
• Ad-hoc assignments given by the Team.

• Educated to degree level or equivalent
• Have extensive knowledge of Financial Services legislations and regulations in Hong Kong, along with a good understanding of the operations of Asia and PRC Life Assurance companies.
• Minimum of 4 to 5 years' experience working in a regulatory risk / compliance role.
• Track record of working in an internal or external monitoring, risk management oversight or regulatory compliance oversight function.
• Demonstrable ability in balancing risk and business development and have good judgment of issues and risks.
• Good organizational and interpersonal skills; confidence and ability to challenge the status quo.
• Good command of both written and spoken English and Chinese. Mandarin is a plus.
• Good report writing skills is required.
• Preferable – Conduct risk and regulatory experience, including experience in investment-linked assurance schemes (ILAS).

• Communication skills
• Impact and influence
• Acting with confidence
• Delivering results
• Planning and organizing
• Stakeholder management
• Laws, regulations and standards
• Managing risk

Head of Compliance and Legal

We offer attractive salaries and excellent benefits.  

We value and promote diversity and equal opportunities in all aspects of our business. All resourcing will be carried out in line with our Company diversity policy.  

Any personal data we collect will only be used for recruitment purposes. We keep all applications confidentially on file for six months.

FAQ

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