Our client is a listed Global Financial Service Group. They are seeking a Director / Senior Manager - Compliance for their Macau business extension.
Responsibilities:
Ensure that the day-to-day operations of the Macau branch comply with Macau laws, regulations, and relevant compliance requirements from the Head Office.
Provide compliance advice on processes and procedures, and ensure the implementation of relevant policies and standards within the Macau branch.
Promote ethical business practices and conduct, and provide compliance advice to ensure that the Macau branch operates in accordance with Macau's laws, regulatory requirements, and group policies and procedures.
Manage the Macau branch's relationship with the local Macau regulator, including submitting regulatory filings and statistics, handling regulator queries, and coordinating regulatory inspections/visits.
Prepare compliance reports for the Management Risk Committee, Board Risk Committee, and Audit Committee, and monitor any significant developments or changes in governmental policies and directions that may impact the Macau insurance industry and specifically the Macau branch.
Support and facilitate the implementation of new or revised initiatives from the Group and Macau Branch.
Collaborate with colleagues and support the Chief Compliance Officer in providing the Macau branch's views during consultations and implementation processes. Monitor new requirements and initiatives and advise on action plans.
Monitor compliance with relevant Group compliance policies, procedures, and standards, and escalate any compliance incidents or issues to the Chief Compliance Officer.
Support the Macau Branch's compliance monitoring program, as well as other audit or quality assurance activities.
Perform and support regular risk assessments on compliance, Anti-Money Laundering (AML), and Anti-Bribery Corruption (ABC), and conduct trend analysis to ensure that compliance risks are identified, measured, and documented in a timely manner. Implement adequate monitoring and take timely remedial actions to ensure that the Macau Branch operates within the company's risk appetite.
Requirements:
Degree holder in a relevant discipline such as Accounting, Business Administration, Risk Management, or Law.
At least 7 years of experience in the financial industry, with at least 3-4 years in the Macau insurance industry, specializing in compliance, regulatory, or audit fields.
Preferred relevant professional qualifications (e.g., LOMA, ACII).
Preferably a resident of Macau SAR.
Proficiency in MS Office.
Strong command of written and spoken English and Chinese. Knowledge of Portuguese and Cantonese/Mandarin is an added advantage.
Strong sense of compliance and governance.
Thorough regulatory knowledge of the Macau life insurance sector and a good understanding of the Macau financial/insurance market.
Meticulous, analytical, and a team player with strong communication skills to collaborate with different stakeholders. Experience working with senior management is an advantage.
Good time management skills to handle multiple tasks simultaneously.
Self-motivated, proactive, and able to work independently.