What is the opportunity?
Our client is a specialist provider of asset services, custody, payments and treasury services. Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.
Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability. The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their ‘centres of excellence’ and to implement/leverage standardised processes globally.
This role supports the business risk framework by providing advisory to front office and product teams. The team conducts surveillance on controls pertaining to investment suitability, discretionary mandates, execution desk, product desks and other control reviews.
Region : APAC
Working Hours : 9am-6pm
What will you do?
- Act as a Subject Matter Expert on front office key controls, product due diligence, product risk rating, best executions, suitability, cross border rules, and other control reviews
- Perform reviews and assessment on the effectiveness and adequacy of the controls
- Escalate non-compliance findings to stakeholders and follow up on remediation to ensure proper closure, before issuing management reports
- Assess feasibility and implementation implications for new controls, processes and products
- Maintain updated business risk management procedures and processes, as well as promoting risk culture by providing advisory and training to Front Office on key controls
- Support business in both internal and regulatory audits and other initiatives
What do you need to succeed?
Must-have
- 2-4 years of experience in a financial institution preferably Wealth Management, risk management or internal audit
- Some knowledge in Private Banking products including product due diligence and regulatory requirements
- Prior experience in automating process / performing surveillance on investment suitability / fraud related areas or in compliance / audit function an advantage
- Proficient in using Microsoft applications (Excel, Macro, Word, Outlook, etc.) and programming
- Strong verbal, written and interpersonal communication skills.
- Demonstrated attention to detail coupled with strong analytical skills and sensible in problem solving
- Ability to communicate in Cantonese will be an advantage
Nice-to-have
- Knowledge in MAS/SFC/HKMA regulatory requirements.
- Strong excel, macro and report presentation skills
- Experience in managing multiple competing deadlines and manual processes in a fast-paced environment.
What’s in it for you?
Our client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- A world-class training program in financial services
- A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded
Job Skills
Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Financial Regulation, Industry Knowledge, Interpersonal Relationship Management, Product Services, Risk Management, Strategic Thinking
