FSO - Risk Consulting - Financial Services Risk Management (NFR/FRM) - Manager or above - Hong Kong

We 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 Management
• Non-Financial Risk Manager (Regulatory Compliance Enterprise Risk and Controls Financial Crime Compliance etc.)
• Undertaking risk management advice remediation and transformation
• Conducting risk management framework design and operationaleffectiveness
• Regulatory and compliance consulting
• Enterprise risk and controls consulting
• Professional risk support for consulting internal and external audit services
• Future operating models
• Responding to regulatory criticism and regulatory preparedness
• Providing guidance on current and emerging control practices
• Advising clients on risk culture conduct and accountability regimes andpractices
• Conducting important proactive assessments and assurance around theeffectiveness of controls and company processes while also providingobjective consulting support

Your key responsibilities

Lead EY projects with respect to:

• Substantive matters of current and emerging HKMA SFC and globalregulatory expectations regarding key banking compliance issuessuch as client onboarding investor protection licensing including cross-border compliance suitability sales practices new product processesproduct development and diligence client money KYC etc.
• Structure and function of banking compliance roles andresponsibilities and business models
• Use of technology and data including fintech and regtech innovation withrespect to banking
• Advice and guidance on structuring approaches to emerging regulatorycompliance or regulatory exam findings
• Regulatory issue remediation
• Regulatory change management including planning and communicationwith regulators
• Support mock exam reviews policy development and drafting assistancewith relationship management between regulators and financial institutions
• Compliance framework understanding of core compliance functions: riskassessment policy management testing monitoring and surveillance andreporting etc.
• Support the revision or formulation of new policies and controls alignedwith regulatory and compliance guidelines and requirements

To qualify for the role you must have

• A university degree majoring in accounting information systems business orlegal related subjects
• Solid work experience in banks regulators or reputableinternational accounting/consulting firms with in-depth knowledge of regulatorycompliance and risk management in banking sector
• Robust practical experience of banks internal controls regulatorycompliance risk governance and related operational knowledge
• 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 advantage
• Good knowledge of banking and securities regulations and business operationsas well as different banking products and services
• Good command of both written and spoken English and Chinese
• Ability to interact with executive levels of clients regulators and EYmanagement
• Good influencing skills and stakeholder relationship management skillsadvanced conflict management/resolution skills and project coordination experience
• Strong report-writing skills with ability to create and organize varying forms ofbusiness information while developing it into clear meanngful professional reportsand presentations

If 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.