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.
We are the only professional services organization who has a separate service line dedicated exclusively to the financial services marketplace. Join Financial Services (FSO) and you will work with multi-disciplinary teams from around the world to provide a global perspective. Aligned to key industry groups including asset management, banking and capital markets, insurance and private equity, we provide highly integrated advisory, assurance, tax, and transaction services.
Join Financial Services Risk Management team and you will provide a highly integrated broad array of risk management services to capital market participants within global banking, capital markets, asset management and insurance. FSRM products and services include Anti-Money Laundering, Regulatory Compliance, Prudential Supervision, Bank Holding Company reporting, Credit Risk/ Capital Adequacy/ Liquidity Risk, Market Risk, Operational Risk, Enterprise Risk, Structured Finance and Quantitative Advisory Services.
With so many offerings, you have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. That's how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
Wide breadth of services of FSRM including, but not limited to:
Undertake risk management advice, remediation and transformation
Conduct risk management framework design and operational effectiveness
Enterprise risk and controls advisory
Regulation and compliance advisory
Financial crimes, AML and sanctions advisory
Professional risk support for advisory, internal and external audit services
Future operating models
Responding to regulatory criticism and regulatory preparedness
Providing guidance on current and emerging control practices
Advising clients on risk culture, conduct and accountability regimes and practices
Conduct important proactive assessments and assurance around the effectiveness of controls and company processes, while also providing objective advisory support
EY is seeking candidates for our Regulatory Compliance team within FSRM with experience in Commercial and Retail Banking.
Your key responsibilities
Lead EY projects with respect to:
Substantive matters of current and emerging HKMA, SFC and global regulatory expectations regarding key commercial and/or retail and/or virtual banking compliance issues such as client onboarding, investor protection, licensing, suitability, sales practices on financial and insurance products, client money and KYC (etc)
Structure and function commercial and/or retail banking or virtual banking compliance roles and responsibilities and business models
Use of technology and data including FinTech and regtech innovation with respect to commercial and/or retail banking banking or virtual banking
Advice and guidance on structuring approaches to emerging regulatory compliance or regulatory exam findings
Regulatory issue remediation
Regulatory change management including planning and communication with regulators
Support 'mock exam' reviews, policy development and drafting Assistance with relationship management between regulators and financial institutions
Compliance Framework – understanding of core compliance functions: risk assessment, policy management, testing, monitoring and surveillance and reporting etc
Support the revision or formulation of new policies and controls aligned with regulatory and compliance guidelines and requirements
To qualify for the role you must have
University degree majoring in accounting, information systems, business or legal related subjects
Around 6-8 years of solid experience in commercial/retail/virtual banks or regulators or reputable international accounting/consulting firms with in-depth knowledge of regulatory compliance and risk management in commercial/retail/virtual banking industry. Candidates with lesser experience will be considered at Senior Associate Level
Robust practical experience in commercial/retail/virtual banks in the areas of internal controls, regulatory compliance, risk governance and operational knowledge
Good knowledge in supervision and selling conduct of financial products or insurance products
Good influencing skills and stakeholder relationship management skills; Advanced conflict management/ resolution skills with Project coordination experience
Strong report-writing skills, with ability to create and organize varying forms of business information while developing it into cohesive, meaningful, professional reports and presentations
Familiar with the regulatory environment of Hong Kong with experience in liaising with HKMA and SFC
Good knowledge in banking and securities laws, rules and regulations and operations as well as different products and services offered by commercial/retail/virtual banks
Good command of both written and spoken English and Chinese. Proficient in Mandarin is preferred
Ability to interact with executive levels of client and EY management
Ability to travel
What working at EY offers
Support, coaching and feedback from some of the most engaging colleagues around
Opportunities to develop new skills and progress your career
The freedom and flexibility to handle your role in a way that's right for you
As a global leader in assurance, tax, transaction and advisory services, we're using the finance products, expertise and systems we've developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we'll make our ambition to be the best employer by 2020 a reality.
If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.
Join us in building a better working world. Apply now.
Internal Number: 6496518
About Ernst & Young Hong Kong
eFinancialCareers is a career site specializing in financial services.