FSO - Consulting - Financial Services Risk Management (NFR Financial Crime Compliance) - Sr.Manager/Manager - Hong Kong

 

Job Description 

We are the only professional services organization who has a separate service line dedicated exclusively to the financial services marketplace. Join our Financial Services Organization (FSO) and you will work with multi-disciplinary teams from around the world to provide a global perspective. Aligned to key industry groups including banking and capital markets, asset management and insurance, we provide highly integrated consulting, strategy and transactions, assurance and tax services. 
   
Wide breadth of services of FSRM including, but not limited to:  

Undertaking risk management advice, remediation and transformation

Conducting risk management framework design and operational effectiveness 

Regulatory and compliance consulting

Enterprise risk and controls consulting 

Professional risk support for consulting, internal and external audit services 

Future operating models

Responding to regulatory criticism and regulatory preparedness

Providing guidance on current and emerging control practices

Advising clients on risk culture, conduct and accountability regimes and practices 

Conducting important proactive assessments and assurance around the effectiveness of controls and company processes, while also providing objective consulting support 

 

Your key responsibilities 
Lead EY projects with respect to: 

Substantive matters of current and emerging HKMA, SFC, and global regulatory expectations regarding key banking compliance issues such as client onboarding, investor protection, licensing including cross-border compliance, suitability, sales practices, new product processes, product development and diligence, client money, KYC etc.

Structure and function of banking compliance roles and responsibilities and business models 

Use of technology and data including fintech and regtech innovation with respect to banking 

Advice and guidance on structuring approaches to emerging regulatory compliance or regulatory exam findings 

Regulatory issue remediation 

Regulatory change management including planning and communication with regulators 

Support mock exam reviews, policy development and drafting assistance with relationship management between regulators and financial institutions 

Compliance framework – understanding of core compliance functions: risk assessment, policy management, testing, monitoring and surveillance and reporting etc. 

Support the revision or formulation of new policies and controls aligned with regulatory and compliance guidelines and requirements 

  
To qualify for the role you must have 

A university degree majoring in accounting, information systems, business or legal related subjects 

Solid work experience in banks, regulators or reputable international accounting/consulting firms with in-depth knowledge of regulatory compliance and risk management in banking sector

Robust practical experience of banks’ internal controls, regulatory compliance, risk governance and related operational knowledge (e.g. operational risk operational resilience)

Familiarity with the regulatory environment of Hong Kong with experience in liaising with HKMA and SFC. Experience in the Mainland Chinese market or of market entry issues there would be an advantage

Good knowledge of banking and securities regulations and business operations as well as different banking products and services 

Good command of both written and spoken English and Chinese 

Ability to interact with executive levels of clients, regulators and EY management  

Good influencing skills and stakeholder relationship management skills, advanced conflict management/resolution skills and project coordination experience 

Strong report-writing skills, with ability to create and organize varying forms of business information while developing it into clear, meanngful, professional reports and presentations 

 

If you can confidently demonstrate that you meet the criteria above, please contact EY professionals as soon as possible.

Join EY in building a better working world. 

Apply now.