Compliance Manager I

Excited to grow your career

BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121000 professionals working in multidisciplinary teams with profiles as diverse as financiers legal experts data scientists developers engineers and designers.

About the job:

Job Purpose & Objectives

• Assist and support business management in identifying assessing measuring and mitigating compliance risks.

• Provide reasonable assurance that the Bank and its employees comply with applicable laws regulations internal rules and ethical standards within the context of corporate governance.

• Handle regulatory issues related to business partners and ensure appropriate management escalation.

• Manage relationship and develop mutual understanding with the regulators and monitoring authorities with respect to compliance matters.

• Work closely with business partners to broaden and deepen their knowledge and behaviour on business and industry specific regulatory requirements.

Key Responsibilities

• Provide advice and support to the business units and management with regard to potential regulatory impacts of relevant laws rules regulations and guidelines.

• Participate in reviewing new business/new product initiatives and provide compliance input to ensure compliance with applicable regulatory requirements and internal policies.

• Provide advice on KYC documentation and transactions screening and monitor transaction alerts to ensure compliance with relevant anti-money laundering and sanction regulations.

• Prepare and update policies and procedures in line with Group Policy and with regard to local laws rules regulations and guidelines.

• Conduct compliance induction to new joiners and provide trainings to relevant staff on changes and development of laws rules regulations and guidelines.

• Ensure business activities are properly licensed and all relevant staff are properly registered with regulators as appropriate.

• Monitor key compliance issues and ensure prompt escalation to senior management or designated committee.

• Liaise with relevant regulators for any regulatory enquires and compliance related issues.

• Assist in regulatory reviews conducted by regulators and help prepare regulatory reporting filings and self-assessments as required.

• Perform compliance review on business units in accordance with the standards and guidelines contained in the compliance monitoring plan.

• Assist in any other ad hoc projects.

Job Specifications

Qualification & Experience

• Degree holder in Finance Accounting or Laws

• At least 10 years experience in Banking and AML Compliance

Knowledge & Skills

• In-depth knowledge of regulatory and compliance requirements in relation to banking business

• Well-versed with banking services and financial products

• PC literacy (Microsoft Office including word excel and powerpoint)

Language

• Proficient in written and spoken English

• Proficient in written and spoken Chinese

Other Skills (e.g. Interpersonal Communication etc)

• Strong interpersonal and communication skills

• Customer-oriented

• Well-organized and meticulous in details

• Ability to work in a matrix reporting structure multi-functional and cross-cultural environment

• Ability to work independently self-motivated and be a team player

• Ability to work under pressure

Skills: