FSO – Consulting – Financial Services Risk Management (NFR/FRM) – Sr.Manager/Manager – Hong Kong

Job title: FSO – Consulting – Financial Services Risk Management (NFR/FRM) – Sr.Manager/Manager – Hong Kong

Company: EY


Job description: FSO – Consulting – Financial Services Risk Management (NFR/FRM) – Sr.Manager/Manager – Hong KongJob DescriptionWe are the only professional services organization who has a separate service line dedicated exclusively to the financial services marketplace. Join our Financial Services Organization (FSO) and you will work with multi-disciplinary teams from around the world to provide a global perspective. Aligned to key industry groups including banking and capital markets, asset management and insurance, we provide highly integrated consulting, strategy and transactions, assurance and tax services.Wide breadth of services of FSRM including, but not limited to:Financial Risk ManagementNon-Financial Risk Manager (Regulatory Compliance, Enterprise Risk and Controls, Financial Crime Compliance etc.)Undertaking risk management advice, remediation and transformationConducting risk management framework design and operational effectivenessRegulatory and compliance consultingEnterprise risk and controls consultingProfessional risk support for consulting, internal and external audit servicesFuture operating modelsResponding to regulatory criticism and regulatory preparednessProviding guidance on current and emerging control practicesAdvising clients on risk culture, conduct and accountability regimes and practicesConducting important proactive assessments and assurance around the effectiveness of controls and company processes, while also providing objective consulting supportYour key responsibilitiesLead EY projects with respect to:Substantive matters of current and emerging HKMA, SFC, and global regulatory expectations regarding key banking compliance issues such as client onboarding, investor protection, licensing including cross-border compliance, suitability, sales practices, new product processes, product development and diligence, client money, KYC etc.Structure and function of banking compliance roles and responsibilities and business modelsUse of technology and data including fintech and regtech innovation with respect to bankingAdvice and guidance on structuring approaches to emerging regulatory compliance or regulatory exam findingsRegulatory issue remediationRegulatory change management including planning and communication with regulatorsSupport mock exam reviews, policy development and drafting assistance with relationship management between regulators and financial institutionsCompliance framework – understanding of core compliance functions: risk assessment, policy management, testing, monitoring and surveillance and reporting etc.Support the revision or formulation of new policies and controls aligned with regulatory and compliance guidelines and requirementsTo qualify for the role you must haveA university degree majoring in accounting, information systems, business or legal related subjectsSolid work experience in banks, regulators or reputable international accounting/consulting firms with in-depth knowledge of regulatory compliance and risk management in banking sectorRobust practical experience of banks’ internal controls, regulatory compliance, risk governance and related operational knowledge (e.g. operational risk, operational resilience)Familiarity with the regulatory environment of Hong Kong with experience in liaising with HKMA and SFC. Experience in the Mainland Chinese market or of market entry issues there would be an advantageGood knowledge of banking and securities regulations and business operations as well as different banking products and servicesGood command of both written and spoken English and ChineseAbility to interact with executive levels of clients, regulators and EY managementGood influencing skills and stakeholder relationship management skills, advanced conflict management/resolution skills and project coordination experienceStrong report-writing skills, with ability to create and organize varying forms of business information while developing it into clear, meanngful, professional reports and presentationsIf you can confidently demonstrate that you meet the criteria above, please contact EY professionals as soon as possible.Join EY in building a better working world.Apply now.

Expected salary:

Location: Hong Kong

Job date: Thu, 27 Feb 2025 23:50:24 GMT

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