Head of RC WPB Taiwan
HSBC
- Taipei City
- Permanent
- Full-time
People responsibility: YesThe Head of Regulatory Compliance, WPB for Taiwan is the senior accountable executive responsible for ensuring that HSBC's operations in Taiwan are effective in identifying, managing and mitigating Regulatory Compliance risks and ensure timely advice is provided to the business.Role Description * Primarily to support the Chief Compliance Officer as double hatted Head of Regulatory Compliance, to maintain an effective control framework and to ensure compliance with all relevant external laws & regulations, internal codes and policies and good market practices. With primary focus on WPB area
- Lead the team to work with relevant contacts in WPB to implement Bank's strategy, policy and standards as well as controls and systems to manage underlying regulatory compliance risks; articulate the Regulatory Compliance risks relevant for WPB in Taiwan.
- Provide advisory services to WPB business, in order to ensure clear understanding of compliance risk exposure with respect to clients, transactions and products.
- Manage the relationship with relevant regulators on behalf of Taiwan; be responsible for second line governance of Regulatory Compliance risks exposures, providing analysis, reporting and governance to Taiwan that is independent of the first line of defence, thereby maintaining an objective assessment of risk exposure
- To exercise risk steward challenge, act as independent trusted advisory in governance forums, issue management, fostering a compliance culture and optimizing relations with risk owners and control owners.
- Assist the senior management of Taiwan, the leadership of the Compliance function, and other colleagues on all material compliance related matters, including managing the relationship with relevant regulators on behalf of Taiwan.
- Represents the Risk & Compliance agenda up to the highest levels of the Group's governance, including being an attendee (as required) at the Taiwan Board (and related sub-committees) to report on progress and issues in relation to the operational effectiveness of HSBC's policies, processes, systems and controls in countering Regulatory Compliance risks.
- Be a leader of the Taiwan Risk & Compliance team, establishing guiding principles and strategic operational objectives, owning budgeting and managing costs, headcount and resources to ensure that the teams are fit for purpose and that the delivery of its critical services to the Group is both effective and cost-efficient.
- Significant experience as a regulator, or a senior compliance manager across all areas of Regulatory Compliance risk within a global firm, in the financial services industry.
- Detailed and extensive knowledge of local and the HSBC Group and HASE structure, its business and personnel, and corporate culture.
- Thorough understanding of WPB business with practical knowledge of broad range of WPB products and services.
- Significant leadership experience and an experienced strategic thinker.
- Excellent communication and inter-personal skills, with experience of dealing with executives at all levels.
- Ability to develop practical, cost effective solutions to complex issues.
- A legal or formal accountancy qualification or professional background in a relevant risk or audit discipline; qualifications under the relevant regulations.
- Personal Account Dealing (PAD) Covered