China CITIC Bank International, a subsidiary of China CITIC Bank (SEHK: 0998 / SSE: 601998) in Mainland China, is ideally positioned to draw the best of East and West. A key strategic component of the parent bank's global development, we aspire to be the “China Bank of Choice” with the...

China CITIC Bank International, a subsidiary of China CITIC Bank (SEHK: 0998 / SSE: 601998) in Mainland China, is ideally positioned to draw the best of East and West.

A key strategic component of the parent bank's global development, we aspire to be the “China Bank of Choice” with the best international standards by providing a comprehensive suite of financial services including wholesale banking, personal banking, wealth management, treasury and global markets solutions to exceed Greater China and overseas customers’ expectation.

People are the key to our success. We recruit quality people and offer top-notch training and life-enriching career opportunities to committed and talented individuals. If you share our passion and are interested in tapping the dynamic banking industry, we invite you to apply for the following job opening(s):

Assistant Vice President, Compliance (CITIC Insurance Brokers Limited)

Job level Middle
Education Bachelor Degree
Language Chinese - Cantonese, Chinese - Mandarin, English
Location
Tsimshatsui
Employment type Full Time
Industry Banking
Job function Banking / Finance > Legal / Compliance
Insurance > Others
Legal / Professional Services > Legal & Compliance
Published On 22/10/2018
ref. 116513/PL

Job Purpose

Establish and carry out compliance functions for the Bank’s insurance brokerage business, including licensing, AML, compliance monitoring and on-going compliance support to ensure the adherence to internal compliance controls and relevant legal and regulatory requirements

 

Key Responsibilities

  • Establish a regulatory compliance framework for the insurance brokerage business with governance structure, policies and procedures to meet with regulatory requirements
  • Develop and provide compliance solutions aligned to business strategy and plans
  • Update the regulatory-related compliance procedures and controls on regular basis
  • Conduct compliance reviews, monitor and manage identified exceptions and escalate to the correspondent governance committee
  • Collaborate with the Bank’s AML team, establish and maintain internal control procedures to protect the insurance brokerage business against involvement in money laundering and terrorist financing per regulatory requirements
  • Liaise with regulators and keep senior management informed on any relevant regulatory changes
  • Conduct compliance training to staff and promote compliance awareness and culture
  • Handle licensing and registration matters

 

Requirements

  • Degree holder preferably in Law, Accounting or related disciplines
  • Minimum 8 years banking or insurance compliance experience preferably in a sizable financial institution or regulatory bodies
  • Possess a good knowledge of relevant regulatory requirements relating to insurance brokerage
  • Self-motivated, independent and able to communicate effectively at all levels
  • Good command of written and spoken English and Chinese (including Putonghua)

For more details about career opportunities with the Bank, please visit our website http://www.cncbinternational.com/careers/en/index.jsp. Please apply with full resume stating current and expected salaries click

Personal data collected will be used for recruitment related purposes only. Applicants not invited for interview within 6 weeks may consider their applications unsuccessful. However, applicants may be considered for other suitable positions within the Group for a period of not more than 2 years. Personal data will be destroyed at any time after 3 months.

China CITIC Bank International is committed to being an equal opportunities employer and intends to provide a work environment free of unlawful discrimination or harassment. All employment decisions will be made in a non-discriminatory manner.