TMF Group is a leading provider of global business services to clients operating and investing across Asia, Africa, Europe, Middle East and the Americas. We focus on providing specialised and business-critical financial and administrative services that help our clients to operate their corporate structures,...

TMF Group is a leading provider of global business services to clients operating and investing across Asia, Africa, Europe, Middle East and the Americas. We focus on providing specialised and business-critical financial and administrative services that help our clients to operate their corporate structures, finance vehicles and investments in different locations.

Our core services can help companies of all sizes with HR and payroll, accounting and tax, corporate secretarial, international structuring and structured finance – whether a company wants to globalise, or whether they need support to streamline existing operations.

With operations in more than 80 countries, TMF Group is the global expert that understands local needs. We can provide you with a single point of contact to coordinate the day-to-day management of your externalised operations, and help to ensure clear communication across multiple jurisdictions. Global reach, local knowledge: helping you do business seamlessly across borders.

To learn more about TMF Group, please visit our website at www.tmf-group.com. If you are interested in taking the challenge and opportunity, please send your full resume in Word Format with current and expected salary to www.tmf-group.com.

Senior Manager - Regulatory Compliance

Job level Middle
Education Not applicable
Location
Causeway Bay
Employment type Full Time
Benefits 13-month pay, 5-day week, Dental plan, Insurance plan, Medical plan, Travel allowance
Industry Business Services / Consulting Services
Job function Legal / Professional Services > Legal & Compliance
Published On 17/09/2019

Job purpose

Reporting to the HK Managing Director and Group Compliance Officer this is a significant role in a key jurisdiction. This is a senior position with responsibility for all AML, Compliance, Risk, Insurance and Governance matters in TMF’s HK office.

The Head of Compliance will be responsible for supporting TMF in HK to meet the Group’s expectation and regulatory standards, as well as lead local specifics required under HK legislation and as driven by local business needs. 

The Head of Compliance will be required to provide advice and guidance to the Directors and staff of the business in HK to ensure that policies and procedures are thoroughly understood and followed by the business. They will possess the ability to embrace and adapt to ever-changing priorities, business needs and regulatory requirements.

The Head of Compliance will also act as the MLRO for the HK business.

Key responsibilities

  • Promote and enhance the compliance, risk and governance culture within TMF in HK;
  • Act as the Compliance Officer and MLRO for the HK business;
  • Establishing and maintaining constructive relationships with the Companies Registry (the local TCSP regulatory body), auditors and other relevant institutions;
  • Produce and maintain appropriate AML, Compliance and Risk policies and procedures for the HK business and ensure that they are maintained in line with local regulatory requirements, as well as Group requirements and frameworks;
  • Advise the Local Boards and Management on AML, Compliance, Risk Management issues, escalating any specific items that require special attention to the MD and/or Group Compliance;
  • Support the delivery of AML, Compliance and Risk training to all staff (induction training and ongoing training) working with HR to ensure appropriate training records are maintained;
  • Issue regular reports to the relevant local Boards and Group Compliance on AML, Compliance, Risk work including information on regulatory changes; regulatory interaction; breaches, errors, omissions and complaints; progress in implementing recommendations arising from internal audits, external audits, regulatory visits and compliance monitoring activities; and items escalated to the MD and Group Compliance during the reporting period;
  • Receive all suspicious activity reports and liaise internally and externally as appropriate;
  • Liaise with Group functions, specifically in term of AML and sanctions checking, risk assessments, governance frameworks and insurance
  • Work with Group to maintain and embed within the local business the Enterprise Risk Model
  • Working with the HK MD, maintain the HK legal entity governance framework for all TMF entities operating in HK
  • Provide support to the the local teams and Group to ensure that certifications are maintained, including ISO and ISAE certification

Job specific requirements

  • Minimum 8 years working experience in a relevant role in the HK, preferably in an international environment
  • Strong understanding of Trust and Company administration services
  • Strong Compliance, Risk or Governance focus with knowledge of relevant HK legislation and regulatory requirements
  • Confident leading, communicating and contributing at a senior level

 

We offer competitive remuneration package including annual leave, 13-month salary, discretionary bonus, life insurance, dental and medical coverage and study and examination leaves to the successful candidate. Please forward your personal profile to us with CURRENT & EXPECTED SALARY by online application.

Personal data collected will be used for recruitment purposes only and will be treated strictly confidential. Applicants not invited for interview within 4 weeks may consider their applications unsuccessful and all information submitted will be destroyed. For further information, please visit our website on www.tmf-group.com