Overview
Job Description:
– 5+ years of experience in Audit and control assurance background (not control testing).
– 2+ years of experience on regulatory compliance topics such as Tax transparency (FATCA and CRS), ABC, Market abuse, Insider Trading, Personal Account dealing, Trade Surveillance, Benchmark, Data Protection, Client Protection etc.
– Support the manager of the Compliance Control monitoring team to identify key risk areas.
– Identify key business changes through stakeholder connects and assess key risks for the perimeter concerned as directed by the CPLE CTL Manager.
– Regular of knowledge on internal incidents, external enforcement and regulatory developments.
– participate in assessment of existing controls as per the defined control plan and the direction of the CPLE CTL management.
– Ensure a good knowledge of existing policies and procedures on which the control assessed is attached to.
– Assess the design and the execution of each existing formalized controls on schedule and in accordance with CTL standards and methodology.
– Identify gaps between existing controls and expected controls and design a cartography to highlight issues to fully cover the risk at stake.
– Ensure identified gaps are debriefed to relevant stake holders, corrective action plans agreed and contribute to report writing.
– Identify weaknesses, timely escalate any issues and define corrective action plan.
– Record keeping of all working papers.
– Show autonomy in delivery of assigned duties including planning of own work, proactiveness and timely escalation.
– Ensure adherence to the global operating guideline on second level control.
– Establish a good working relationship with both internal & external stakeholders.
– Contribute towards development of GSC CPLE/CTL methodologies, policies and procedures in line with global guidelines.
– Contribute to the writing of the CTL monitoring methodology update document detailing in the context of the creation of the function.
Other responsibilities:
– Maintain a detailed and updated working knowledge of various laws and regulations, e.g., FCA, SFC, HKMA, MAS rules and regulations.
– Maintain a detailed and updated working knowledge on the existing policies framework, compliance incidents and any key regulatory development at group and regional level.
Profile:
– Fair knowledge of Compliance risks in the global banking environment.
This may include the risks related to:
– Anti-Money Laundering, Terrorist financing, Embargos & Sanctions (OFAC).
– KYC and client due diligence activities.
– Laws and regulations related to Anti-Bribery and Corruption.
– Prevention of tax evasion and related laws and regulations. E.g. FATCA, CRS, etc.
Functional:
– Fair understanding of Risk and control assurance activities which may include audit or control testing experience.
– Prior experience in performing testing reviews, discussing and agreeing key issues with senior stakeholders.
– Fluent Command over English language with excellent report writing and presentation skills.
– Knowing French can be an advantage, although not a necessity.
– Experience of working on multi location regional/global reviews.
– Good stakeholder management skills which will include both internal and external stakeholders.