CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Compliance, APAC Enterprise Compliance Risk Management Director
September 8, 2019
Primary Location: Hong Kong SAR of PRC
Education: Bachelor's Degree
Job Function: Compliance and Control
Shift: Day Job
Employee Status: Regular
Travel Time: Yes, 25 % of the Time
Job ID: 19034125
Serves as an Enterprise Compliance Risk Management Director for establishing and executing internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation and design and to deliver a risk management framework that maintains risk levels within the firm's risk appetite and protect the franchise. The Director will engage with the ICRM product and function coverage teams, in order to partner to develop and apply Compliance Risk Management Framework (CRMF) program solutions that meet business and customer needs in a manner consistent with the Citi program framework.
Candidate must have strong working knowledge of financial services businesses, risk management, and project management disciplines. Primary responsibilities include managing day-to-day CRMF program solutions including driving implementation of compliance strategy and programs, delivering reporting and analysis, and overseeing business management and administration on behalf of the Chief Compliance Officer (CCO) for APAC.
This role reports to the Chief Compliance Officer (CCO) for APAC and is based in Hong Kong.
Key responsibilities include:
Driving development, analysis and publication of management information in support of APAC ICRM used to assist in managing compliance risks. Obtain and interpret gold source data in report development. Drive improved APAC ICRM board and senior management reporting.
Project managing key initiatives and routine deliverables across APAC ICRM, including the APAC Annual Compliance Plan and contributing to the Global ICRM Compliance Strategic Plan (CSP) and Transformation Workstreams, by tracking progress of team deliverables, coordinating consistent horizontal responses where needed and contributing to content as appropriate.
Directing the design, development, delivery and maintenance of best-in-class compliance, programs, policies and practices for APAC ICRM Manager's Control Assessment (MCA). Drive consistency in implementation of the ICRM MCA Program with respect to Compliance Officers role to provide credible challenge and to support the business lines MCA.
Contributing to firm-wide projects with business and functional partners as a representative for APAC ICRM and be prepared to make decision and/or socialize with the APAC ICRM senior team, as appropriate. Translate ICRM strategy and goals across Citi's clients, products and geographies in a succinct and clear manner, including providing direction and guidance on programs.
Acting as delegate for the APAC CCO in departmental activities and administrative matters with cross-functional partners in Finance, HR and other areas with respect to routine and ad hoc initiatives and requests. Drive strong partnerships, high quality deliverables, and seamless engagement, co-ordination and communication on behalf of APAC ICRM.
Representing Citi on critical regulatory matters as required. Serves as liaison with regulatory examiners, Internal Audit, and external auditors on critical compliance issues and oversees the implementation of related remediation, as relevant and appropriate for responsibilities of this role.
Collaborating with other internal areas including: Legal, Business Management, Operations, Technology, Control Units, and In-Business Risk to address compliance issues which may impact the APAC business.
Managing Compliance initiatives as required, such as the implementation of new compliance systems, controls, and related project management work efforts.
Assisting in or contributing to the development and administration of compliance policies and training unique to APAC as related to responsibilities of this role.
Supporting the implementation of new or changed laws, rules and regulations.
Mentoring and developing junior staff.
Supervising a team of junior compliance staff. Contribute to decisions regarding hiring, compensation, performance appraisals, staff development, training, etc. Champion an inclusive and diverse global mindset find, develop and advocate a deep and diverse talent pool to meet forward compatible success and offer effective coaching and development to build a highly effective team
Required: Bachelor's degree; 10+ years of experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof; extensive experience in area of focus; previous experience managing staff Preferred: Advanced degree (e.g. JD, MBA) and/or relevant professional certifications Knowledge and skills:
Highly motivated, strong attention to detail, team oriented, organized
Strong leadership skills and influencing capabilities
Excellent written, verbal and analytical skills
Strong communication and interpersonal skills; strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging
Ability to interact and communicate effectively with senior leaders
Working knowledge of Compliance laws, rules, regulations, risks and appropriate controls
Experience in the design and implementation of Compliance programs
Demonstrated ability to assess complex issues through root cause analysis and other analytical techniques; structure potential solutions; drive to resolution with senior stakeholders
Experience with and previous exposure to internal or external control functions and regulators
Ability to understand risk-reward, provide diplomatic challenge to stakeholders, and escalate issues when appropriate
Strong track record of effectively assessing and managing competing priorities to deliver high quality and timely work
Comfortable acting as an agent for positive change with agility and flexibility
Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views. Strong presentation and relationship management skills are essential
Subject matter expertise in area of focus
Internal Number: 6480219
eFinancialCareers is a career site specializing in financial services.