Compliance Manager, Shanghai Branch

Job Purpose & ObjectivesAssist and support business management in identifying, assessing, measuring and mitigating compliance risks.Provide reasonable assurance that the Bank and its employees comply with applicable laws, regulations, internal rules and ethical standards within the context of corporate governance.Handle regulatory issues related to business partners and ensure appropriate management escalation.Manage relationships and develop mutual understanding with the regulators and monitoring authorities with respect to compliance matters.Work closely with business partners to broaden and deepen their knowledge and behaviour on business and industry specific regulatory requirements.Key ResponsibilitiesProvide advice and support to the business units and management with regard to potential regulatory impacts of relevant laws, rules, regulations and guidelines.Participate in reviewing new business/new product initiatives and provide compliance input to ensure compliance with applicable regulatory requirements and internal policies.Provide advice on KYC documentation and transactions screening, and monitor transaction alerts to ensure compliance with relevant anti-money laundering and sanction regulations.Provide compliance advice on GM business operations and activities surveillance. Prepare and update policies and procedures in line with Group Policy and with regard to local laws, rules, regulations and guidelines.Conduct compliance induction to new joiners and provide training to relevant staff on changes and development of laws, rules, regulations and guidelines.Ensure business activities are properly licensed and all relevant staff are properly registered with regulators as appropriate.Monitor key compliance issues and ensure prompt escalation to senior management or designated committee.Liaise with relevant regulators for any regulatory enquiries and compliance related issues. Assist in regulatory reviews conducted by regulators and help prepare regulatory reporting, filings and self-assessments as required.Perform compliance review on business units in accordance with the standards and guidelines contained in the compliance monitoring plan.Assist in any other ad hoc projects.Qualification & ExperienceDegree holder in Finance, Accounting or Laws At least 8 years compliance experience in financial institutionsKnowledge & SkillsIn-depth knowledge of regulatory and compliance requirements in relation to banking business especially in Sustainability & Financial Market, AML&CTF and Data Protection. Well-versed with banking services and financial productsPC literacy (Microsoft Office including word, excel and powerpoint)LanguageProficient in written and spoken EnglishProficient in written and spoken ChineseOther Skills (e.g. Interpersonal, Communication etc)Strong interpersonal and communication skillsCustomer-orientedWell-organized and meticulous in detailsAbility to work in a matrix reporting structure, multi-functional and cross-cultural environmentAbility to work independently, self-motivated and be a team playerAbility to work under pressure