job details
about the company. ...
- 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 headabout the job.
Develop risk control framework for risk identification, measurement, management and reportingMonitor 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 suitabilityPrepare regular management reports for performance monitoring and expense controlAssist in system enhancement and testingProvide training to the front office on dealing in securitiesEnsure 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 implementationskills & experiences required.
Bachelor Degree or aboveAt least 5 years of experience in business risk management or business management in a private wealth management businessProduct knowledge across funds and bonds; understanding on structured products, equities, FX would be a plusSound understanding on the related regulatory requirementsStrong communicator; excellent interpersonal and stakeholder management skillsFluency in English and Chinese including Mandarin