JOB DETAILS

JOB DETAIL

Job Purpose

Group Head - General Compliance is responsible for supporting the Division Head of General Compliance Division in overseeing and executing the compliance program (excluding AML/CFT) within the jurisdiction. This role focus on aligning policies, standards, and processes with local laws, rules, and regulations. The incumbent plays a pivotal role in managing relationships with regulators, ensuring regulatory compliance, and fostering a culture of compliance across the organization.

Key Responsibilities
1. Regulator Engagement
o Manage the organization's relationship with key regulators within the jurisdiction.
o Serve as the primary liaison between the organization and regulators on compliance risk management matters.
o Handle regulatory inspections and ensure timely communication and resolution of compliance-related issues.
2. Compliance Program Execution
o Ensure prompt identification of applicable laws, regulations, and requirements, along with impact assessments and implementation of appropriate controls.
o Oversee the execution of the compliance program and implement effective compliance processes.
3. Collaboration and Reporting
o Collaborate with Head Office, Regional Compliance Department, the APAC Regional Chief Compliance Officer, and other delegates to ensure seamless compliance operations.
o Prepare and present compliance reports to relevant governance forums.
4. Training and Awareness
o Develop and implement comprehensive compliance training programs for employees within the jurisdiction to foster awareness and adherence to compliance standards.
5. Risk Management
o Oversee the identification, assessment, management, and remediation of key compliance risks and issues within the jurisdiction.
o Conduct investigations into non-compliance matters, leveraging internal resources such as legal and audit teams or external consultants as necessary.
6. Stakeholder Engagement
o Build and maintain strong relationships with internal and external stakeholders, including the Compliance Promotion Department, to advocate for compliance initiatives.
7. System and Process Oversight
o Operate compliance-related systems effectively to ensure smooth execution of compliance programs and processes.
8. Additional Responsibilities
o Handle incoming TELEX and SWIFT messages or other correspondences related to compliance matters (excluding AML/CFT).
o Interpret and provide expert opinions on compliance-related matters.
o Perform other tasks and responsibilities as assigned by management or the Division Head of General Compliance.

REQUIRED WORK EXPERIENCE

Education and Experience
• Bachelor’s degree in Law, Business Administration, Finance, or a related field.
• Master’s degree in a relevant field is preferred.
• Extensive experience (typically 10+ years) in compliance, risk management, or regulatory affairs within the banking or financial services industry.

Skills and Competencies
• Strong knowledge of local laws, regulations, and compliance requirements (excluding AML/CFT).
• Proven ability to interpret and apply regulatory frameworks to organizational processes.
• Exceptional communication and interpersonal skills to manage relationships with regulators and stakeholders.
• Analytical and problem-solving skills, with the ability to assess risks and implement effective controls.
• Leadership and team management capabilities to oversee compliance programs and initiatives.
• Proficiency in operating compliance-related systems and tools.
• Ability to work collaboratively across departments and regions.
Certifications
• Professional certifications such as Certified Compliance Professional (CCP), Certified Regulatory Compliance Manager (CRCM), or equivalent are highly desirable.