Job Summary

Our client, a leading foreign bank, seeks a Regulatory and Compliance Senior Officer (QFB) to lead compliance initiatives, drive regulatory adherence, and support risk management through strategic planning, investigations, and stakeholder collaboration.

Responsibilities

• Lead the implementation of the branch compliance plan to ensure regulatory adherence and operational integrity
• Respond to regulatory authorities’ routine queries and coordinate the completion of surveys and information requests to maintain transparent communication
• Develop and execute periodic compliance reviews to identify and mitigate risks
• Investigate compliance breaches and customer complaints to resolve issues and uphold regulatory standards
• Draft the annual compliance plan for Head of Department and management approval, aligning compliance objectives with business goals
• Deliver compliance training and provide advisory services on the Banking Act, Securities and Futures Act (SFA), Financial Advisers Act (FAA), and other relevant regulations to enhance staff awareness and compliance culture
• Implement and update compliance policies and procedures in accordance with Head Office directives and local regulatory requirements to maintain current standards
• Prepare and review periodic reports for local regulatory authorities, Head Office, and management to ensure accurate and timely compliance reporting
• Monitor changes and updates in local regulations, conduct briefings and discussions with relevant departments, and perform post-implementation reviews to ensure effective compliance integration
• Conduct annual regulatory risk assessments to identify emerging risks and recommend mitigation strategies
• Collaborate with cross-functional teams and stakeholders to embed compliance practices across the organization
• Execute additional tasks assigned by the Head of Department or the Company to support compliance and regulatory objectives

Preferred competencies and qualifications

• Recognized bachelor’s degree or above, preferably in Business or a related discipline
• Minimum of 5 years’ experience in regulatory compliance roles demonstrating expertise in compliance frameworks and regulatory environments
• Experience providing advisory services related to the Securities and Futures Act (SFA) and Financial Advisers Act (FAA)
• Proven track record conducting compliance reviews and testing, including Balanced Scorecard Review, Private Banking Sales Advisory Review, Continuing Professional Development review, Fit and Proper Review, or due diligence for new product onboarding and product variation
• Working knowledge of the Banking Act to support regulatory compliance efforts
• Strong knowledge of local rules and regulations to ensure adherence and risk mitigation
• Effective interpersonal skills to engage and influence stakeholders across multiple departments