Manager, Business Control - Private Wealth Management Business Management

Responsibilities:

Develop quantitative risk control framework for risk identification, measurement, management and reporting
Act as first line of defense, monitor daily activities of PWM frontline staff (RM, ARM, IC) are compliant to regulatory requirements and internal policies. Product lineup includes bond/mutual fund/private equity fund/hedge fund/equities/structured products/FX products
Communicate with the frontline staff regularly on significant risk items/irregularities found in investment transactions, areas of improvement in securities dealing, and provide guidance on investment suitability check before executing investment transactions for customers
Provide regular training to frontline staff on dealing in securities
Regularly review and update internal policies and procedures, to be in line with latest regulations, technology and industry best practices
Work closely with the second line of defense and different stakeholders on policy and procedure implementation
Perform ad hoc duties as assigned by Team Head

Ideal candidates should possess:

Bachelor’s degree or equivalent academic qualification
At least 5 years’ relevant risk control and investment suitability monitoring experience in private banking / private wealth management
Strong knowledge of regulatory requirements on investment suitability framework
Organized, multi-tasking, detail-oriented
Good communication and interpersonal skills
Adaptive, willing to take up challenges
Proficient in written and spoken English and Chinese (Mandarin & Cantonese)

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We offer attractive remuneration package and comprehensive fringe benefits. Interested parties please e-mail your full resume with current and expected salary to HK_Recruit_hr@hk.cathaybk.com, quoting job title.

If applicable, the successful applicant’s offer confirmation is subject to the result of Mandatory Reference Check (MRC) under HKMA’s mandatory requirement. For details, please visit the corresponding website: https://www.hkab.org.hk/en/page/5/mandatory-reference-checking-scheme-phase-2

Personal information collected will be used for considering suitability for the post and strictly in accordance with our personal data policies. It is our policy to retain the personal data of unsuccessful applicants for future recruitment purposes for a period of maximum two years.

Careers

Manager, Business Control - Private Wealth Management Business Management

Responsibilities:

Ideal candidates should possess: