A regional banking group's wealth management segment with unique market position and clientele
about the team.
Functions as first line of defence, sit under the front office and report directly to the business head
about the job.
Develop risk control framework for risk identification, measurement, management and reporting
Monitor daily activities of wealth management relationship managers and investment counselors to ensure compliance to regulatory requirements and internal policies.
Communicate with front office on potential risk and irregularities in investment transactions, provide guidance on investment suitability
Prepare regular management reports for performance monitoring and expense control
Assist in system enhancement and testing
Provide training to the front office on dealing in securities
Ensure internal policies and control measures are in line with latest regulatory requirements by conducting regular review, as well as working closely with stakeholders internally on policy and procedure updates and implementation
skills & experiences required.
Bachelor Degree or above
At least 5 years of experience in business risk management or business management in a private wealth management business
Product knowledge across funds and bonds; understanding on structured products, equities, FX would be a plus
Sound understanding on the related regulatory requirements
Strong communicator; excellent interpersonal and stakeholder management skills