Job Description:
1. Business Compliance Advisory
- Act as Single Point of Contact as a business partner to assigned Business Units for effective and efficient Compliance Risk Management
- Provide constructive advice and proactive engage with the Business Unit to support business growth and minimize negative risk surprises
- Proactively work with team to ensure formulation and implementation of Compliance Policies, regulations, minimum standards, procedure and/or manual to mitigate ttb’s compliance risk as appropriate.
- Responsible for sign-off approval of new products and services or their changes (PSAPs)
- Responsible for consulting with regulators and appropriate Law Enforcement Units for clarifications of laws and regulations.
- Advise the Board, senior management and other stakeholders on the interpretation of applicable laws and regulations - to ensure that the Bank and its subsidiaries comply with regulatory requirements.
- Ensure the completion of required annual regulatory compliance report, regulatory reports, etc.
- Provide training and communication to management and staff and update the impact of new rules to senior management and relevant staff.
2. Strategic Planning and Implementation
- Develop strategies and plans of Compliance Advisory Team.
- Lead and manage staff within the unit to achieve functional responsibilities required.
- Communicate direction, strategies, plans, and functional responsibilities to team members as well as supervise and manage them to ensure the achievement of the assigned responsibilities.
- Work with other Business Units of ttb and its subsidiaries to ensure overall achievements target and goal of Compliance.
3. Integrated Approach to Compliance Risk Identification and Assessment
- Act as a lead consultant for ttb and its subsidiaries for Commercial Product, Global Markets & Corporate Compliance. This includes proactively providing supports to Business Units (BUs) in relevant matters; complaint management and basic issues of AML and PDPA.
- Endorse the Compliance Log and perform the continuously quality assurance control to ensure the context of regulations, risk assessments in Compliance Log reflect the compliance obligations, associated risks and mitigation control that arise from applicable laws and regulations.
- Lead an effective compliance risk assessment of applicable laws and regulations to assess its impact, monitor compliance risks, and how to mitigate such risks.
4. Regulatory Correspondence
- Coordinator Support Head of Compliance and Business Units in preparation of regulatory examinations.
- Coordinating and providing required assistance and information when requested and during regulatory examinations.
Qualifications:
- Bachelor’s degree or higher in Laws, Accounting, Finance, Economics, Business administration or related fields.
- Minimum 10-year experience in financial institutions with banking or securities business and has at least 5 years experiences at least in manager level with knowledge in wholesale products such as foreign exchange, derivatives, securities business, (financial advisory, securities underwriting), trade financing or has work experiences in the areas of compliance, internal audit, legal and back-office operations.
- Good knowledge of banking and securities products & services, foreign exchange, derivative products.
- Strong communication with the Business Units, and ability to handle stress.
- Leadership, independent & sound decision maker, energetic and self-driven, being able to work to a high standard under pressure.
- Excellence in English: writing, reading, and speaking.
