<img style="height:73.0px;width:422.0px" src="https://performancemanager5.successfactors.eu/smbcP6/SMBC_logo.png" alt=""> Sumitomo Mitsui Banking Corporation (三井住友銀行) (incorporated in Japan with limited liability) is one of the major international banks and a leading arranger of specialized financial products worldwide. The Bank's Hong Kong Branch is now seeking high calibre individuals with long-term career objectives to apply for the following position: Vice President - Compliance Department Hong Kong - Regulatory Compliance and Governance <div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Job Duties & Responsibilities:</H2> </div><div><ul> <li style="margin:0.0in 0.0in 6.0pt 0.0px;text-align:justify;font-size:12.0pt;font-family:'Times New Roman', serif">Oversee, advise, and execute all licensing activities at both the institutional and individual levels, ensuring compliance with regulatory standards and facilitating efficient approval processes.</li> <li style="margin:0.0in 0.0in 6.0pt 0.0px;text-align:justify;font-size:12.0pt;font-family:'Times New Roman', serif">Be on top of regulatory developments and implement robust tracking mechanisms to ensure effective and efficient management of all relevant regulatory obligations.</li> <li style="margin:0.0in 0.0in 6.0pt 0.0px;text-align:justify;font-size:12.0pt;font-family:'Times New Roman', serif">Collaborate closely with compliance advisors to ensure the effective implementation of regulatory requirements while fostering strong engagement with all relevant stakeholders.</li> <li style="margin:0.0in 0.0in 6.0pt 0.0px;text-align:justify;font-size:12.0pt;font-family:'Times New Roman', serif">Prepare comprehensive management information to deliver insightful updates on compliance and regulatory risks as well as the overall landscape. Develop and present impactful reports to management and stakeholders on regulatory and governance matters, compliance status, and recommendations for informed decision-making.</li> <li style="margin:0.0in 0.0in 6.0pt 0.0px;text-align:justify;font-size:12.0pt;font-family:'Times New Roman', serif">Proactively escalate critical regulatory and compliance risks, while developing practical solutions accompanied by actionable plans to ensure effective compliance risk management.</li> <li style="margin:0.0in 0.0in 6.0pt 0.0px;text-align:justify;font-size:12.0pt;font-family:'Times New Roman', serif">Coordinate various global and regional Compliance initiatives or projects, working closely with Head Office, Regional Office and group companies. </li> <li style="margin:0.0in 0.0in 6.0pt 0.0px;text-align:justify;font-size:12.0pt;font-family:'Times New Roman', serif">Provide guidance and training to staff on compliance policies and procedures related to regulatory compliance matters.</li> <li style="margin:0.0in 0.0in 6.0pt 0.0px;text-align:justify;font-size:12.0pt;font-family:'Times New Roman', serif">Foster a culture of compliance throughout the organization, promoting ethical conduct and accountability.</li> <li style="margin:0.0in 0.0in 6.0pt 0.0px;text-align:justify;font-size:12.0pt;font-family:'Times New Roman', serif">Be role model and lead junior compliance team members.</li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Requirements:</H2> </div><div><ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 21.0px;font-size:12.0pt;font-family:'Times New Roman', serif">Degree holder in Legal, Finance or Accounting, with 10 years of solid experience in Compliance. </li> <li style="margin:0.0in 0.0in 0.0in 21.0px;font-size:12.0pt;font-family:'Times New Roman', serif">Good knowledge on local laws and regulations relates to banking practices. </li> <li style="margin:0.0in 0.0in 0.0in 21.0px;font-size:12.0pt;font-family:'Times New Roman', serif">Experience in dealing with regulators.</li> <li style="margin:0.0in 0.0in 0.0in 21.0px;font-size:12.0pt;font-family:'Times New Roman', serif">Business acumen coupled with robust analytical skills, enabling the effective resolution of complex issues and the delivery of practical, innovative solutions.</li> <li style="margin:0.0in 0.0in 0.0in 21.0px;font-size:12.0pt;font-family:'Times New Roman', serif">Ability to work independently and thrive in high-pressure environments, demonstrating resilience and effective prioritization skills.</li> </ul></div></div></div>Please apply with detailed resume stating latest and expected salary. SMBC is an equal opportunity employer. We are committed to fostering a diversified and inclusive workplace and removing barriers to provide equal access to employment. Note on Mandatory Reference Check ("MRC") Scheme: The MRC Scheme seeks to address the "rolling bad apples" phenomenon in the banking sector in Hong Kong, i.e. situations where individuals who engage in misconduct during their employment in one institution are able to obtain subsequent employment in another institution without disclosing their misconduct to the new employer. Against this background, the HKMA proposed a framework to facilitate Authorized Institutions ("AIs") to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual's previous employments can be provided to AIs to inform their employment decisions. For in-scope positions, satisfactory completion of MRC process is pivotal for the consideration of employment decision. For details, you may visit HKMA's website and refer to the latest <a title="" href="https://www.hkab.org.hk/en/page/5/mandatory-reference-checking-scheme-phase-2#mrcs" target="_blank" rel="noopener">FAQs issued by HKAB</a>. Further details will be shared on request if your application is being proceeded. Application details will be used only for recruitment purposes, and will be destroyed after 1 year. Applicants not contacted after 6 weeks may consider their applications unsuccessful.

Vice President (HK) @ Careers | SMBC Hong Kong Branch

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