Director, Compliance (Product Compliance, Private Bank)

Posted 19 June 2022
Job type Permanent
DisciplineChief Operating Officer & Governance

Job Description

  • A large Private Bank

  • Newly created role

  • Attractive salary and benefit

This is an exciting new opening to be a senior contributing member of the Product Compliance team with a large Private Bank, with robust Compliance culture and standards.


Key Responsibilities

  • Provide advice and support to management and staff on compliance related areas, rules and regulations, bank’s internal policies and procedures, etc.

  • Contribute as compliance representative in working group discussions, advising on compliance issues relating to regulatory requirements for the offering of investment products and services as well suitability and sales processes.

  • Review and comment on marketing materials, research materials, and other bank publications as well as counterparty contractual documentation.

  • Participate in bank-wide regulatory projects where required.

Key Requirements

  • Degree holder of relevant studies

  • Min 8* years of experience in core/regulatory/product/non AML compliance function within private banking or wealth management or investment banking.

  • Notable experience in regulatory compliance relating to investment products is a must.

  • Knowledgeable in Banking Act, Securities and Futures Act, Financial Advisers Act, and other regulatory requirements facing private banks e.g., offering regime of investment products, licensing, client suitability, sales and advisory related issues.

  • Strong communication and interpersonal skills.

  • Some knowledge of regional regulatory requirements, although not compulsory, will be favored.

  • Team player with the ability to work independently.

  • Solutions-oriented and willingness to work on various compliance issues.

  • Must be able to adapt to working in a fast-paced environment.

Candidate with less experience may be considered for Associate Director role


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