The bank for a changing world

Compliance Officer - WM Account Opening


Standard / Permanent


HK-Hong Kong (HK)-Hong Kong

Job function




Key Responsibilities
  • To carry out the client acceptance and review process; and to ensure new/existing accounts are in compliant with group/local KYC policies, especially with issues such as money laundering, client due diligence, know your client process, sanctions, PEP, adverse media and transaction monitoring.
  • To assist in coordination of regulatory, and/or internal audit/inspection and investigation.
  • To assist in coordination with Compliance function of Head Office.
  • To ensure compliance with applicable laws and regulations.  Keep abreast on new regulations and to update Management and staff on changes in regulations.
  • To identify and control compliance risks, implement monitoring measures where required.
  • To advise Business and Functions on compliance and regulatory issues.
  • To support in implementing policies and procedures as a result of changes in Head Office directive or local laws and regulations and updating such rules and regulations relevant to Wealth Management.
  • To provide training on compliance issues and promote compliance awareness and culture.
  • To assist in preparing relevant compliance reports pertaining to Wealth Management for submission to Head Office and ensuring the accomplishment of the Department’s mission.
  • To promptly complete tasks/projects as and when assigned by supervisors.

Competencies (Technical / Behavioural)
  • Familiar with Hong Kong laws and regulations.
  • Work well with people and under pressure.
  • A good knowledge of compliance framework.
  • Have strong communication skills.

Specific Qualifications Required

  • A graduate of a tertiary institution.
  • At least 7 years compliance experience in wealth management.