Compliance Advisor within second line of defence APAC Cross-Border team. In this role you will provide advice and oversight across regional compliance advisory activities under the Cross Border Advisory function. As an effective and independent second line of defence, you will help to protect and support the right outcomes for customers and clients; promote a compliance culture that fosters good personal behaviour, high standards of technical excellence and overall performance.
Coverage of the role will include Data Privacy, Functions (including but not limited to Client Money Assets, Outsourcing and Technology), Cross Border, Regulatory Compliance (including Country Compliance risk and control) and Conduct Risk. You will also be required to support Global Businesses and Functions to understand, embed and execute conduct, regulatory and reputational risk responsibilities in relation to regional compliance advisory activities. Through working with partners across Compliance and other control functions, the programme of work will be delivered via integrated, function-aligned advisory teams, which together support the banks’ global strategy.
- Lead the Regional Conduct Risk program for Cross Border Compliance to support the development and embedment of the Conduct Risk framework and the ongoing management of Conduct Risk, ensuring that Compliance fulfills its role and responsibilities as a trusted advisor to the Business in the APAC Region
- Partner with the senior level managers within the business and other control functions in relation to Conduct Risk Management, through participating in and contributing to regional forum and provide leadership and guidance to local Compliance teams, acting as an escalation point and decision maker for Conduct Risk issues in the region, in collaboration with the Global Head of Conduct Risk for Cross Border Compliance.
- Develop and take forward the regional Conduct Risk strategy, taking into account regional jurisdictional expectations and requirements, in line with the global strategy and agenda
- Assist in the building, embedment and oversight of Conduct Risk Frameworks to support the identification, monitoring and reporting of Conduct Risk events and issues through different work-streams.
- Work with key stakeholders such as Legal, Business and Control function to help establish and consistently apply the appropriate risk appetite, ensuring this is reflected in the business operating models and associated controls across the banks’ key entities.
- Ensure that the Cross Border compliance advisory related activities performed in APAC are consistent with a second line of defence role and responsibility and in accordance with Compliance goals
- Partner with the Global Cross-Border Compliance and Global Cross Border Legal lead to ensure appropriate product and jurisdictional advice are embedded into the Cross Border framework to manage cross-border risk in line with the agreed framework.
- Leading Compliance Cross-Border support on change and remediation projects in respect of cross-border issues for the bank and support the production and socialisation of business guidance (e.g. with CCO for travel tool)
- Ensure that cross border related incidents, breaches, and risk events are properly reported and recorded, including escalation to senior management.
- Provide input into or measure, as appropriate, conformance, assurance, and reviews from the perspective of Cross Border within the Businesses, such as verification checks or monitoring reviews
Ideal Background will include;
- Experience in Compliance, consulting, legal, regulatory or related role in Financial Services (e.g. Regulatory Relations, Compliance Change or Audit) or in other 2LoD Functions eg. Operational Risk.
- Good general knowledge of the banking and financial markets sector and of regulations impacting businesses
- Expertise in MS applications, especially Excel, PowerPoint and Word
- Self starter with the ability to meet or exceed deadlines, prioritise, multi-task and maintain flexibility in fast-paced, changing environment.
- Strong organisational, project management, motivational and interpersonal skills e.g. ability to draft presentations, manipulate data in Excel, and track actions and work plans
- Demonstrates strong attention to detail.
- Proactive person who challenges processes and looks for improvement.
- Ability to address competing priorities and difficult issues in a professional, assertive and proactive manner while remaining sensitive to business needs.
- Confident and concise communication skills (verbal and written). Capable of distilling complex concepts and effectively conveying them to people of varying seniority levels.
Further traits of the ideal incumbent;
- Demonstrates a commercial outlook, and is motivated and personable.
- Ability to analyse and re-engineer processes as required to deliver change in the optimum way.
- Ability to clarify tasks and requirements, organise time and manage workload to ensure that deadlines are met.
- Solution oriented, sets high standards for self and others.
- Remains positive and operates effectively in ambiguous and fluid situations