The Vice President, Compliance role is responsible for managing compliance risk for the Global Banking and Markets division of a bank. This includes providing guidance, advice, and training to staff, assisting the business to run profitably while complying with regulations, and promoting a compliant culture. The role is also responsible for identifying compliance risks, ensuring business follows policies and regulations, and maintaining risk management procedures through collaboration with business units.

1. Vice President, Compliance (Global Banking & Markets)
Requisition ID 11188
Full/Part Time Full-time
Description Role:
To facilitate and discharge the role of a Local Compliance Officer (LCO) through the
management of compliance risk for the conduct of the business in Global Banking and
Markets (GBM), which is a highly regulated banking business. The LCO provides
guidance, advice and training to all business and support staff of the GBM division,
including sales, trading, research, lending and investment banking. In addition, he/ she
must assist the business to run efficiently and profitably while complying with internal
compliance and regulatory requirements.
Responsibilities:
• Promote and instill a compliant culture amongst management and staff
• Pro-actively assist management in identifying and containing compliance risk and
ensuring that business is conducted in accordance with applicable global and local
compliance policies and procedures, as well as governing rules and regulations
• Establish, document and maintain compliance risk management procedures through
collaboration with the business in establishing a compliance risk management
framework, and keeping the business up to date with changes in relevant regulations
and internal compliance policies
• Set up an annual compliance plan for the business units supported to adequately
reflect accountabilities, compliance risks and resources needed to execute the plan
• Provide guidance on the compliance risk monitoring program, review compliance
procedures and controls, with an awareness of the operational risk associated with the
business and the action to be taken to minimize the likelihood of operational risk
occurring
• Provide technical support and advice on compliance matters to the business such as
signing off on new products, services and lines of business
• Ensure timely implementation of internal and external audit points together with any
issues raised by regulators
• Provide compliance training to staff and keep them abreast of regulatory changes,
industry standards and best business practices
Experience Required
• Degree holder (preferably in Accountancy or Business) with a minimum of 8 years
relevant experience in the financial services industry, preferably in equities and
equities research compliance (experience in futures compliance will be an added
advantage)
• Good knowledge in legal and regulatory requirements, especially those relating to
banking, securities and futures is required
• Must be analytical and have an eye for detail
• Excellent inter-personal and negotiation skills
• Strong communication skills, verbal and written
• Able to work under pressure and meet tight deadlines
• Able to work independently, as well as in a team